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News in Washington, I'm Giles Snyder.
The U.S. began collecting President Trump's new.
10% baseline tariff on all foreign imports today.
It took effect at midnight Eastern.
Trump's Wednesday announcement to the baseline and.
Higher tariffs on dozens of countries has led to steep losses on global stock markets.
The Internal Revenue Service cutting more jobs ahead of the April 15th tax filing deadline.
NPR Shannon Bond reports.
The IRS notified employees by email on Friday that mass reductions are coming across offices and job categories.
The goal, it said, is to, quote, increase the efficiency and effectiveness of the irs.
The cuts come during the agency's busiest time of year,
with the tax deadline looming and will roll out in phases.
The IRS Office of Civil Rights and Compliance is the first affected.
The email said the agency is cutting 75% of jobs in that office and says it will transfer remaining staff to another department.
The IRS didn't say how many jobs it plans to eliminate.