Good morning, everyone. I'm Megan Kelly. It's Thursday, April 24th, 2025, and this is your AM update.

So I think it's going to work out very well. But no, it's at 145 percent. There will not be anywhere near that number.

President Trump making news on his tariff policy toward China.

And we're trying to remove these public state safety threats, national security threats, as quick as

possible. They're putting every roadblock and massive on front of us to prevent us from doing

that.

Porter Tsar Tom Homan unleashing on activist groups trying to prevent President Trump from deporting

criminal illegal aliens. And President Trump considering increasing taxes on the wealthy in his so-called

big, beautiful tax bill. All that and more coming up in just a moment on your AM update.

As President Trump is settling into his new administration, one of the top Democrats in Congress

aiming to undermine the Trump agenda is Democrat Senator Dick Durbin of Illinois.

And according to our sponsor, the Electronic Payments Coalition, Senator Durbin has a new plan, a government takeover of your credit card.

Today, Americans have thousands of choices in credit cards, but they say Senator Durbin's plan will result in less competition

and less security, which means more risk for your credit and your identity. You can learn more

for yourself at guard your card.org, and you could consider telling your senators to stop

Dick Durbin's government takeover of your credit card before it's too late.

The Trump administration offering to de-escalate its tariff war with China,

weighing a dramatic restructuring of our tariffs on Chinese imports.

According to the Wall Street Journal, President Trump is considering lowering tariffs

on Chinese goods to 50 or 65 percent. Currently, they're at 145 percent. He also may impose a tiered system,

35 percent levies on goods not considered a threat to national security, and at least 100% for goods that do pose that

threat. The journal noting the president has yet to make a final decision. On Tuesday, President

...