(10 Apr 2025)
RESTRICTION SUMMARY:
++BEGINS AND ENDS ON SOUNDBITE++
ASSOCIATED PRESS
Washington – 10 April 2025
1. SOUNDBITE (English) Brooke Rollins, US Secretary of Agriculture:
“This president has a vision of realigning the American economy to ensure that we are putting America first. I know y’all have heard me say this, but I think it’s worth saying again, that for decades we have lived under a tariff regime. It just hasn’t been an America, an American tariff regime. And this president has been resolute that he is going to fix it."
++WHITE FLASH++
2. SOUNDBITE (English) Brooke Rollins, US Secretary of Agriculture:
“So today, I think it was today, maybe in the last hour or so, we saw inflation decrease just a little bit, but a decrease for the first time since COVID. And that’s an incredible story to tell. The president’s idea of tax cuts and deregulation and tariff reorganization and realignment of the economy, the markets are beginning to adjust to that. We’re seeing a decrease in airfare, a decrease and used cars, a decreasing gasoline, the wholesale prices of eggs, to your question, have gone way down. I think we’re down depending on who you’re looking at what numbers between 50 and 65 percent. We’ve said all along the retail prices will just take a while to catch up. We’re also moving into the Super Bowl of eggs which is Easter, so from the beginning I’ve said this is sort of the high price for retail for eggs, but we feel very confident that will continue to back down. Thank you all so much. Thank y’all.”
++ENDS ON SOUNDBITE++
STORYLINE:
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 145%.
It was seemingly an attempt to narrow what had been an unprecedented trade war between the U.S. and most of the world to one between the U.S. and China.
Global markets surged on the development, but the precise details of Trump’s plans to ease tariffs on non-China trade partners were not immediately clear.
Outside the White House on Thursday, US Secretary of Agriculture Brooke Rollins said that US President Donald Trump is realigning the American economy.
“This president has a vision of realigning the American economy to ensure that we are putting America first. I know y’all have heard me say this, but I think as we’re saying again, that for decades we have lived under a tariff regime. It just hasn’t been an America, an American tariff regime. And this president has been resolute that he is going to fix it,” Rollins said.
Rollins also said that prices are decreasing for the American people due to President Trump’s agenda.
“I think it was today, maybe in the last hour or so, we saw inflation decrease just a little bit, but a decrease for the first time since COVID. And that’s an incredible story to tell. The president’s idea of tax cuts and deregulation and tariff reorganization and realignment of the economy. The markets are beginning to adjust to that,” Rollins said.
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