President Donald Trump ramped up steep tariffs against Chinese imports to the U.S. this week while alleviating them for other countries during trade negotiations this week. He also signed a series of executive orders aimed at repealing Biden-era restrictions. 

The Trump administration announced Wednesday it would lower reciprocal tariffs on other countries, while also revealing that the administration would immediately hike tariffs on Chinese goods to 145%. In response, China has raised its tariffs on U.S. goods to 125%. 

Trump disclosed historic tariffs in a ceremony at the White House’s Rose Garden for a ‘Make America Wealthy Again’ event on April 2, asserting that these new duties would generate new jobs for U.S. workers.

The tariff plan established a baseline tax of 10% on all imports to the U.S., along with customized tariffs for countries that place higher tariffs on U.S. goods. The baseline tariffs of 10% took effect Saturday, while the others took effect Wednesday at midnight.

But Trump announced in a post on Truth Social Wednesday that reciprocal tariffs announced last week would remain paused for 90 days, during which period the countries would only face the baseline 10% tariff. 

‘At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable,’ Trump posted on his Truth Social media platform on Wednesday. 

Secretary of the Treasury Scott Bessent said that the tariffs suggest that China is at odds with the rest of the world. 

‘China is the most imbalanced economy in the history of the modern world,’ Bessent told reporters Wednesday. ‘They are the biggest source of the U.S. trade problems, and indeed they are the problem for the rest of the world.’ 

Here’s what also happened this week: 

Shipbuilding, water pressure executive orders

Trump also signed an executive order this week aimed at reinvigorating the shipbuilding industry in the U.S., amid concerns that China is outpacing the U.S. in production. 

China is responsible for more than 50% of global shipbuilding, compared to just 0.1% from the U.S., according to the Center for Strategic and International Studies. 

The executive order requires agencies to craft a Maritime Action Plan and instructs the United States Trade Representative to provide a list of recommendations to deal with China’s ‘anticompetitive actions within the shipbuilding industry,’ among other things. 

Trump also signed an executive order to reverse Obama- and Biden-era conservation measures that limited water pressure in showers in an attempt to ‘make showers great again.’ Former President Barack Obama initially imposed the water pressure restrictions, and Trump sought to ease some of them during his first term. 

However, former President Joe Biden reinstated the measure, which limited multi-nozzle shower heads from releasing more than 2.5 gallons of water per minute. 

‘I like to take a nice shower, take care of my beautiful hair,’ Trump said Wednesday. ‘I have to stand in the shower for 15 minutes until it gets wet. Comes out drip, drip, drip. It’s ridiculous.’

Gearing up for talks with Iran 

The Trump administration also unveiled plans this week for upcoming talks to negotiate with Iran on Saturday. While Trump has reiterated that these discussions will be ‘direct’ nuclear talks, Iran has pushed back on that description and characterized them as ‘indirect’ negotiations instead. 

Middle East envoy Stever Witkoff will travel to Oman on Saturday and is slated to potentially meet with Iranian Foreign Minister Abbas Araghchi. However, Iran has maintained that the discussions will be held through a third party instead. 

‘The ultimate objective is to ensure that Iran can never obtain a nuclear weapon,’ Leavitt told reporters Friday. ‘The president believes in diplomacy, direct talks, talking directly in the same room in order to achieve that goal. But he’s made it very clear to the Iranians, and his national security team will, as well, that all options are on the table and Iran has a choice to make. You can agree to President Trump’s demand, or there will be all hell to pay. And that’s how the president feels. He feels very strongly about it.’

Fox News’ Bonny Chu, Danielle Wallace, and Caitlin McFall contributed to this report. 

— In an exclusive interview with Fox News Digital, Republican South Carolina Senator and former presidential candidate Tim Scott shared his views on his first hundred days as Senate Banking Committee chairman, breaking down a trade war with China, the future of cryptocurrency and controversial debanking policies.

With Republicans holding power in both chambers of Congress and President Donald Trump in the White House, party leaders and supporters across the country had high expectations of the GOP’s policy agenda and ability to pass critical legislation swiftly and effectively. 

However, it has not been a perfect start to the 119th Congress. Republicans in the House of Representatives hold a slim 7-seat majority, and GOP infighting has forced internal debates that have delayed key pieces of legislation, like Trump’s ‘big, beautiful’ tax bill, which passed last Thursday just 216 to 214. 

On the Senate side, Republicans hold an 8-seat majority over Democrats. With just 100 members in the upper chamber, the same principle of internal harmony must exist for legislation to move forward. 

Despite the narrow margins, Scott says some of the policy goals the committee has set they have ‘been able to accomplish.’

‘I wanted within the first hundred days to have some crypto or digital asset legislation marked up and run through our committee,’ Scott told Fox News Digital. ‘Good news is the GENIUS Act is stamped. Done. Heading to the Senate floor. Number two, the FIRM Act. Focusing on debanking. Done. Heading onto the Senate Floor. Number three, our ability to listen to President Trump, the leader of not only our party, but of our country.’

Trump’s role in working with congressional leaders was first demonstrated as every cabinet member that reached the Senate so far for confirmation was approved at the fastest pace in more than 20 years.

‘We’ve been running these folks through our committee,’ said Scott. ‘It is a lightning-fast approach, but the good news is President Trump and the American people deserve his team in place. Promises made, promises kept. We are well on our way.’

Outside the nominees, several prominent issues have made their way through the banking committee in the first hundred days. And one of the hottest items in banking today is the implementation of cryptocurrency into U.S. markets and day-to-day life. Notably, the GENIUS Act, a bill ‘to provide for the regulation of payment stablecoins,’ would be a major advancement for crypto markets, showing the federal government is taking the digital asset market more seriously.

But Scott blamed the Biden administration for the lack of enthusiasm to get pro-crypto legislation signed into law. 

‘There’s no doubt that under the Biden administration and Gensler at the SEC, they just… didn’t like crypto. What I’ve said very often is simply this: we must innovate before we regulate. That means allowing innovation to happen here at home in the digital asset space is critical to American economic dominance across the globe,’ he explained. 

The GENIUS Act passed through committee in March and now heads to the Senate Floor. Scott predicted the timeline as to when the bill would be signed into law, telling Fox he believed the legislation would be ‘passed into law by August.’

The bill made its way through committee with an 18-6 as Senators Mark Warner, D-Indiana, Andy Kim, D-New Jersey, Ruben Gallego, D-Arizona, Lisa Blunt Rochester, D-Pennsylvania and Angela Alsobrooks, D-Maryland all voted with Republican against the wishes of Ranking Leader Elizabeth Warren, D-Massachusetts. 

But crypto markets, along with U.S. stocks, have been highly volatile in the past weeks, largely due to Trump’s controversial tariffs policies and trade standoffs. 

When asked about the mounting pressure between the U.S. and China, Scott backed Trump’s strategy, telling Fox News Digital, ‘This is about a country, China, that lies, cheats, and steals. Not on the watch of President Trump. He is going to use every tool in his toolkit to make sure that the Chinese government does not continue to take advantage of the American economy. I am thankful that we finally have a president with a backbone made of steel to stand up to President Xi and protect not just America’s present but America’s future.’

Scott argued that establishing economic dominance ‘requires hard conversations and a tariff regime to push China into the smallest corner of the global economy if they’re going to lie, cheat, and steal against us.’ 

He added, ‘We are not going to give them full and unfettered access to our market. That’s called common sense.’

On Friday, China raised tariffs on U.S. imports to 125%, which Trump has maintained that a 145% tariff will be placed on China’s imports.

As for the remainder of the 119th Congress and heading into what will be a critical midterm election year, Scott remains optimistic about the policies in progress and the legislation yet to come.

‘Thank God Almighty President Trump is in the White House,’ the former presidential candidate added.

Preston Mizell is a writer with Fox News Digital covering breaking news. Story tips can be sent to Preston.Mizell@fox.com and on X @MizellPreston

Nearly a month into Israel’s renewed ground operation, U.S. backing appears to be shaping the conflict on multiple levels—militarily, diplomatically and politically. Israeli officials have suggested the chances of a hostage deal have significantly increased, with some anticipating developments within the next two weeks.

On Monday, sitting beside Israeli Prime Minister Benjamin Netanyahu in the Oval Office, President Donald Trump told reporters, ‘We are trying very hard to get the hostages out. We’re looking at another ceasefire. We’ll see what happens.’ The remarks highlighted Trump’s dual-track approach: continued diplomatic pressure on Iran and direct support for Israel’s military campaign in Gaza. 

With what Israeli officials describe as a ‘free hand’ to operate, Israel has expanded its offensive into Rafah and the strategically significant Morag Corridor. The stated aim is to increase pressure on Hamas and help secure the release of the remaining 59 hostages.

A senior Israeli security official told Fox News Digital that the campaign is being carried out in close coordination with the United States. ‘Everything is coordinated with the Americans — both the negotiations and the operational activity. The goal is to bring the hostages home. We now have a free hand to act, and no longer facing the threat of a veto at the UN Security Council, unlike during the previous administration.’

The same official pointed to a shift in humanitarian policy that, in their view, has enhanced Israeli leverage. ‘Unlike the previous administration, the U.S. is not forcing 350 aid trucks into Gaza every day. That gives us leverage,’ the official said, adding that limiting aid reduces Hamas’s ability to control the population.

On Saturday, Israeli Defense Minister Israel Katz announced the IDF had completed the takeover of the Morag Axis. The Morag Corridor — which separates Rafah from Khan Younis — is part of an effort to establish a new buffer zone and degrade Hamas’s operational capabilities. ‘The logic is that the more territory Hamas loses, the more likely it will be to compromise on a hostage deal,’ the official said.

IDF Chief of Staff Lt. Gen. Eyal Zamir reinforced that strategy during a visit to front-line units this week. ‘I expect you to defeat the Rafah Brigade and lead to victory wherever you are fighting,’ he told troops. The IDF had previously declared the Rafah Brigade dismantled in September, but forces have returned to key strongholds, where tunnel networks remain.

In the same statement on Saturday, Katz warned Gazans, ‘Hamas is unable to protect the residents or the territory. Hamas leaders are hiding in tunnels with their families or living in luxury hotels abroad, with billions in bank accounts, using you as human shields. Now is the time to rise up, to get rid of Hamas, and to release all the Israeli hostages — that is the only way to stop the war.’

In their Oval Office meeting, Trump and Netanyahu reiterated their alignment on core issues. Netanyahu stated that Gazans should be ‘free to choose to go wherever they want,’ in what some analysts view as a reference to renewed discussions about third-country resettlement. Trump went further, floating the idea of a U.S. presence in the Strip, noting, ‘Gaza is an incredible piece of important real estate. Having a peace force like the United States there, controlling and owning the Gaza Strip would be a good thing.’

Javed Ali, a former senior director at the U.S. National Security Council and now a professor at the University of Michigan, offered a more measured view of the current military strategy. ‘Now that we’re almost a full month into the resumption of high-intensity IDF operations in the Gaza Strip against Hamas, Israel’s military strategy appears to be focused on clearing and holding remaining pockets of known Hamas elements, which at the same time is displacing Palestinians throughout the territory.’

Ali said it remains unclear how Israel intends to manage or govern areas it clears. He drew comparisons to the U.S. experience in Iraq and Afghanistan. ‘The U.S. encountered its own challenges in the post-9/11 wars with similar ‘clear and hold’ approaches, since insurgent and jihadist elements in both conflicts utilized guerrilla warfare tactics and terrorist attacks.’

While the Biden administration had previously emphasized humanitarian access, Ali noted that the current White House has not publicly pressed Israel to scale back its operations. ‘That could change,’ he said, particularly as humanitarian conditions worsen or if negotiations with Iran over its nuclear program progress. ‘If those talks gain momentum, Iran may pressure the U.S. to rein in Israel’s campaign against Hamas to preserve what remains of the group. Whether the U.S. team, led by Steve Witkoff, entertains such demands will be a key regional development to watch.’

On the ground, Israel has moved to reshape the humanitarian landscape in Gaza. The decision to restrict Hamas’s access to aid reflects a broader policy shift under IDF Chief of Staff Lt. Gen. Eyal Zamir, who reversed his predecessor’s stance and authorized the military to directly oversee the distribution of supplies. ‘Hamas will not regain control over the aid, because that was its lifeline,’ an Israeli security official explained. ‘It’s what allowed it to maintain control over the territory throughout this period. People in Gaza know that Hamas controls the aid; if they realize that Hamas no longer does, its control within the Strip becomes ineffective.’

Humanitarian organizations and international leaders continue to condemn Israel. U.N. Secretary-General António Guterres, speaking on April 8, condemned the ongoing blockade of aid. ‘More than an entire month has passed without a drop of aid into Gaza. No food. No fuel. No medicine. Gaza is a killing field — and civilians are in an endless death loop,’ he said.

Israel’s Foreign Ministry spokesperson, Oren Marmorstein, strongly rejected the Secretary-General’s claims. ‘As always, you don’t let the facts get in the way when spreading slander against Israel,’ he posted on X. ‘There is no shortage of humanitarian aid in the Gaza Strip — over 25,000 aid trucks have entered during the 42 days of the ceasefire. Hamas used this aid to rebuild its war machine. Yet, not a word in your statement about the imperative for Hamas to leave Gaza. The people of Gaza are braver than you — they’re calling, loud and clear, on Hamas to leave and stop abusing them.’

Eugene Kontorovich, a senior legal scholar at the Heritage Foundation, told Fox News Digital: ‘One doesn’t need the Israeli Supreme Court to say there is no starvation in Gaza — this was admitted by the UN’s own Food Security Phase Classification, which in June found that prior UN reports were inaccurate and that there is no famine. There is no serious evidence of starvation in Gaza, and what food scarcity does exist can be attributed to Hamas pillaging and hoarding aid. As the truth comes out, it becomes clear that the starvation claims were designed to halt Israel’s legitimate self-defense against a genocidal attack.’

As military and diplomatic tracks converge, Israeli officials remain cautiously optimistic that talks may soon produce results.

American and Iranian officials sat down for a first round of direct talks Saturday in Oman, a major step after years of rising tensions and stalled diplomacy that will continue with further discussions next weekend, according to a statement released by the White House. 

The meeting between U.S. Special Envoy Steven Witkoff and Iranian Foreign Minister Abbas Araghchi was the first face-to-face exchange since President Donald Trump returned to office as Iran continues to expand its nuclear program.

The White House described the discussions as ‘very positive and constructive,’ adding, ‘the United States deeply thanks the Sultanate of Oman for its support of this initiative.’

Witkoff, joined by U.S. Ambassador to Oman Ana Escrogima, told Araghchi Trump had personally instructed him to try to resolve differences through diplomacy, if possible. 

The talks took place on the outskirts of Oman’s capital, Muscat, and lasted just over two hours. Omani Foreign Minister Said Badr hosted the meeting. 

Iranian state TV later confirmed the sides exchanged several rounds of messages, and there was a short, direct conversation between the American and Iranian diplomats.

Military pressure appears to be a big reason Iran came to the table. Rebecca Grant, a senior fellow at the Lexington Institute, told the ‘Fox Report’ Saturday the U.S. has sent a clear signal by moving powerful military assets into the region.

‘All the options are not only on the table. They’re all deployed to the Middle East,’ Grant said. ‘Somewhere between four and six B-2 stealth bombers [are] forward in Diego Garcia, [along with] two aircraft carriers. That has really gotten Iran’s attention.’

Grant said Iran now faces a choice. 

‘Iran either has to talk or get their nuclear facilities bombed,’ she said.

Tensions between the two countries have been high since 2018, when Trump pulled the U.S. out of the 2015 nuclear deal. 

That agreement placed strict limits on Iran’s nuclear program. Since then, Iran has been enriching uranium at much higher levels. The latest report from the International Atomic Energy Agency (IAEA) says Iran is enriching uranium to 60% purity, just below weapons-grade, and has stockpiled over 18,000 pounds of it. Under the original deal, Iran was limited to 3.67% purity and a much smaller stockpile.

While U.S. intelligence agencies do not believe Iran has started building a nuclear weapon, they warn the country is getting closer to being able to do so if it decides to.

Gen. Jack Keane, a Fox News military analyst, said Iran’s leaders now believe Trump is serious about using military force if they don’t agree to limit Iran’s nuclear program.

‘They’ve come to the conclusion that the president is dead serious about supporting an Israeli-led, U.S.-supported strike on Iran to take down their nuclear enterprise,’ Keane said.

Grant explained that the U.S. and its allies are ready for such a strike if talks fail. 

‘Israel took out a lot of Iran’s air defenses last year,’ she said. ‘Then you have two [U.S.] carriers, land-based fighters in the region and B-2 bombers with bunker-busting bombs. That’s the threat display.’

She added that Iran has no real need to enrich uranium since it can buy nuclear fuel on the open market. 

‘It is time for them to start to make a deal,’ she said. ‘And I think, maybe, due to our military pressure and Trump’s resolve, they’re beginning to realize it.’

Iran’s president, Masoud Pezeshkian, has said he’s not open to direct negotiations on the nuclear program but has also blamed the United States for breaking past promises. 

‘They must prove that they can build trust,’ Pezeshkian said in a recent Cabinet meeting.

Iranian Foreign Ministry spokesperson Esmail Baghaei warned of consequences if threats continue. 

‘Violence breeds violence, peace begets peace,’ he wrote on social media. ‘The US can choose the course… and concede to consequences.’

Former Secretary of State Mike Pompeo told Fox News no deal can happen unless Iran gives up its nuclear weapons plans. 

‘We have to fully, verifiably eliminate their nuclear weapons program for there to be any agreement,’ he said. ‘All we ask is that they behave like a normal nation.’

Grant said any future deal will need strict terms. 

‘It’s going to have to include real inspections,’ she said. ‘It’s going to have to include them giving up, frankly, some of that enriched uranium. There will have to be some limits on their ballistic missile development.’

The two nations are scheduled to meet again April 19 in Oman, according to the White House statement.

Fox News Digital’s Bradford Betz and The Associated Press contributed to this report.