Karoline Leavitt celebrates President Trump's actions on tariffs.
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NewsTranscript
00:00We understand you have a lot of questions, so in the effort of transparency we're here to talk
00:06about the president's latest statement regarding his America first trade plan. As you all know,
00:11the president just put out a statement announcing an additional tariff on China. The tariff on
00:16China will now go up to 125 percent because China imprudently decided to retaliate against
00:21the United States. And as I said at the podium yesterday, when you punch at the United States
00:26of America, President Trump is going to punch back harder. In that same vein, we have had more
00:30than 75 countries from around the world reach out to President Trump and his team here at the White
00:36House to negotiate better trade deals for the American worker. We have been overwhelmed with
00:41the amount of requests from countries around the world. I'll let the secretary speak to that.
00:45We will continue with the tailor-made negotiations that I spoke about yesterday. In the meantime,
00:50there will be a 90-day pause on the reciprocal tariffs as these negotiations are ongoing,
00:54and the tariff level will be brought down to a universal 10 percent tariff.
00:58The secretary here has been a huge part of the president's trade team, of course,
01:02and will continue to lead these negotiations moving forward to look out for the American
01:06worker, which is always President Trump's goal. So I'll kick it over to our great Treasury Secretary,
01:11Scott Besson.