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Wall Street and the rest of America still seem to be trying to make sense of President Trump's tariffs against China and what kind of exemptions are being offered. CBS News MoneyWatch correspondent Kelly O'Grady has more.
U.S. stock futures are pointing up after talk from the Trump administration on potential exemptions for some electronics from China. However, President Trump said in a post on Truth Social that no one was "getting off the hook." CBS News correspondent Natalie Brand has the latest on tariffs, and Business Insider deputy editor Akin Oyedele discusses how tech companies are navigating the uncertainty.
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple and consumers who are concerned about how tariffs could affect prices. Willie James Inman has the details.
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
While U.S. stocks ended Friday on a high note following a week of volatile trading tied to President Trump's tariffs, the bond market likely pushed the president to implement a 90-day pause. Bill Cohan, Wall Street author for Puck, joins "America Decides" to explain.
The U.S. and China are refusing to back down as the world's largest economies ramp up trade tensions. China announced Friday that it would raise its retaliatory tariffs on American goods to 125%. The move comes after the Trump administration raised import taxes on some Chinese goods to 145%. CBS News' J.D. Durkin, Willie James Inman and BBC reporter Nick Marsh have the details.
President Trump's tariffs eclipsed almost everything this week, from administration firings to the U.S. ambassador to Ukraine calling it quits. Jake Traylor, White House reporter for Politico, and Niall Stanage, White House columnist for The Hill, join "America Decides" to break down some big moments from the political universe this week.
After a chaotic week, the Dow Jones ended Friday in the green. Optimism that China wants a tariff deal saw the index rise 600 points for the day. Fin Gómez, CBS News political director, and JD Durkin, CBS News contributor, join "America Decides" with the latest.
President Trump's tariffs on China could make Apple iPhones more expensive. China announced Friday it's raising tariffs on U.S. goods to 125% after Mr. Trump increased reciprocal tariffs on some Chinese products to 145%. Tech journalist Yasmin Khorram reports.
After a tumultuous week, the Dow Jones closed more than 600 points up on Friday as investors expressed hope that countries would reach deals with President Trump on tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump takes questions from reporters in the Oval Office; Pope Francis issues audio message to followers three weeks into hospitalization for pneumonia.
The world is awaiting more details from the White House on how President Trump will address rising tariffs imposed by China on U.S. goods as a trade war escalates between the two nations. CBS News' Weijia Jiang reports.
News of China's raised tariffs on U.S. goods sent the stock markets into the red as the world awaits how President Trump will react. CBS News' Kelly O'Grady, Anna Coren and Natalie Brand have the latest news.
Employers across the U.S. added 151,000 jobs in February; California restaurants brace for impact of tariffs.
These are the goods that China imports from the U.S., and could soon be subject to steep levies, making them more expensive.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the trade relationship and economic impact of China's increase in tariffs on U.S. goods, plus what to expect in the financial markets.
China says it is increasing tariffs from 84% to 125% on U.S. goods starting Saturday. President Trump this week had increased tariffs on China to 145%, escalating the trade war. CBS News' Weijia Jiang has the latest.
China has hiked tariffs on U.S. goods to 125% and called more American hikes impractical and a "joke in the history of the world economy." CBS News' Natalie Brand has more on apparent negotiations with other nations, and Emily Peck, a markets editor at Axios, joins CBS News with more on the impact of President Trump's tariffs.
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.
The White House said its tariffs on China now total 145%. Zongyuan Zoe Liu, Maurice R. Greenberg senior fellow for China studies, joins "The Daily Report" to discuss how this trade war affected U.S.-Chinese relations.
Some of America's biggest cities that export goods to neighboring countries, like Mexico and Canada, are concerned about what President Trump's new tariffs mean for their local economies. San Antonio Mayor Ron Nirenberg joins "The Daily Report" to discuss.
One day after a historic rally on Wall Street, the markets were back in the red on Thursday. The sell-off wiped out some of Wednesday's gains and the market volatility comes as investors remain cautious about the future of global trade. CBS News' Kelly O'Grady and Fin Gomez have the latest details.
President Trump's tariffs are likely to impact the production and sales of electric vehicles. Albert Gore III, executive director of the Zero Emission Transportation Association, joins "America Decides" to examine the state of the EV industry.
The stock market slid Thursday, even as the White House said dozens of countries were coming to the table to talk about tariffs. President Trump acknowledged that there would be what he calls "transition problems" with his economic policies. CBS News' Kelly O'Grady and Willie James Inman report.
Trump's approval rating ticks back up; support for tariffs declines as some pull back buying.
South Korea says it reached a deal with the U.S. to release more than 300 South Koreans detained in an immigration enforcement raid at a Georgia Hyundai plant.
In her first TV interview since joining the Supreme Court in 2020, Justice Amy Coney Barrett also discusses her vote in the 2022 Dobbs abortion case.
Sen. Tammy Duckworth, an Illinois Democrat, said President Trump "essentially just declared war on a major city in his own nation."
Saturday's jackpot had an estimated cash value of $826.4 million, Powerball said.
At least 2.5 million students across the country are using Yondr pouches, as 35 states have laws or rules limiting cellphones in schools.
Russia attacked Ukraine with 810 drones and decoys – the largest aerial attack on the country since the war began, Ukraine's Air Force said.
Prime Minister Shigeru Ishiba took office in October.
Three people survived the incident and were rescued, and "a search is ongoing in the hope of finding the missing victims," an official said.