PBS News Hour

Trump pauses many of his tariffs but raises rate on China

President Trump stunned many by pausing higher tariff rates on most other countries for 90 days. But the president raised tariffs on Chinese imports to 125 percent after Beijing retaliated overnight. This led to a historic day of rallies in the markets after multiple days of steep drops. Lisa Desjardins reports and Amna Nawaz discusses more with economists Simon Johnson and Douglas Irwin.

Trump pauses many of his tariffs but raises rate on China

13m 7s

  • May 2, 2025 - PBS News Hour full episode: asset-mezzanine-16x9

    May 2, 2025 - PBS News Hour full episode

    S2025 E122 - 56m 45s

    Friday on the News Hour, the jobs market again defies expectations despite fears that tariffs could soon spur an economic downturn. As President Trump signs an executive order to cut federal funding for PBS and NPR, a legal fight lies ahead. Plus, we speak with Yemen's vice foreign minister as the U.S. extends its military campaigns against Houthi rebels.

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