China hits back at U.S. tariffs

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• 00:00

  Good morning.

• 00:05

  It's Thursday, April 10th.

• 00:07

  I'm Shamita Basu.

• 00:09

  This is Apple News Today.

• 00:11

  On today's show,

• 00:12

  a change to a long-standing IRS rule,

• 00:15

  why the State Department is revoking visas for hundreds of international students in the U.S.,

• 00:20

  and the Masters marks a historic anniversary.

• 00:33

  But first,

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  President Trump abruptly reversed course on widespread global tariffs yesterday

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  in the face of forecasts of a potential recession,

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  pushback from the business community,

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  and growing discontent among some Republican members of Congress.

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  Here's how the president put it.

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  People were jumping a little bit out of line.

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  They were getting yippy, you know?

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  They were getting a little bit yippy, a little bit afraid.

• 00:58

  Now Trump says he's instituting a 90-day pause for most countries while retaining a baseline tariff of 10 percent.

• 01:05

  The exception, China.

• 01:07

  Instead of pulling back, Trump doubled down, now saying China will face a 125 percent tariff,

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