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Erin Burnett OutFront

Trump Digs In On Tariffs As Questions Grow About Key Adviser’s Cred

Erin Burnett OutFront

CNN

News

4.4706 Ratings

🗓️ 8 April 2025

⏱️ 45 minutes

🧾️ Download transcript

Summary

China ups the ante by sending Trump an ominous message after the President threatens to slap Beijing with another round of tariffs. We have new reporting that Trump may be looking for an exit ramp finally. Plus, one of America’s most powerful brands has been hit hard by Trump’s tariffs.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Outfront next, breaking news. China ups the ante, sending Trump an ominous message tonight after the president threatens to slap Beijing with another 50% tariff on top of the ones already there, as we have new reporting this hour that Trump may be looking for an exit ramp, finally.

0:19.6

Plus, Apple and Free Fall, one of America's most powerful and iconic brands hit hardest by Trump's tariffs.

0:25.5

Long time Wall Street expert on Apple says get ready for iPhones that cost you three times as much as now.

0:33.1

And breaking news, the Supreme Court pausing tonight's deadline to return a Maryland manned accidentally

0:38.7

that White House says deported to El Salvador. We're live from El Salvador and his attorney is our

0:44.1

guest. Let's go out front. Good evening. I'm Erin Burnett on this Monday and outfront

0:50.8

tonight, the breaking news, China punching back, aiming an ominous tweet moments

0:55.9

ago at Trump. China responding to Trump's mind-boggling threat today here at yourself.

1:02.9

I said if that tariff isn't removed by tomorrow at 12 o'clock, we're putting a 50% tariff on

1:09.3

above the tariffs that we put on.

1:13.3

50% in a setting like that.

1:15.5

I mean, it sounds deeply unsurious.

1:17.1

It sounds made up.

1:18.0

It sounds petulant.

1:19.0

On what basis, another 50%.

1:20.7

And by the way, he says this is happening Wednesday.

1:23.9

So here's the situation.

1:25.3

If Trump says he's going to hit China with another 50% tariff on top of

1:28.5

the 34% that he just put on all goods from China, which comes on top of the 20% already in place,

1:35.8

that means U.S. tariffs on everything from China of 104%. So just going off the new tariffs in the

1:42.2

past week, just those, buying something that was $10 from China a week ago, if you went online at Amazon, it came from China, it was $10.50, I'm sorry, and $0.50 on Wednesday.

1:54.2

$10 a week ago, $18.50 on Wednesday. That's insane. And don't forget that Trump is promised till imposed 25%

...

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