Live from NPR News in Washington, I'm Corva Coleman.
President Trump is marking his first 100 days in office today.
Tonight, he'll hold a rally outside Detroit to tout his accomplishments since taking office.
Treasury Secretary Scott Besant talked with reporters at the White House this morning.
He says Trump's tariffs on foreign imports will help bring back U.S. manufacturing.
Besant says the tariff war between the U.S. and China is one that China cannot win
because China could quickly lose up to 10 million jobs.
We are the deficit country.
They sell almost five times more goods to us than we sell to them.
So the onus will be on them to the... take off these tariffs.
They're unsustainable for them.
Stocks opened mixed this morning.
NPR's Scott Horsley reports the Dow Jones Industrial Average has fallen a little more than 7 percent
since Inauguration Day.
One of the goals of President Trump's trade war is to close the nation's trade deficit,
but new figures from the Commerce Department show the deficit widened in March as U.S. businesses and consumers raced to get ahead of the president's tariffs.
Exports and imports both rose during the month, but imports jumped a lot more.
The Trump administration is relaxing some of its tariffs on imported auto parts.
General Motors postponed a conference call to discuss its economic outlook so company officials can assess the change.
Coca-Cola says Sales dropped 2% during the most recent quarter,