Wednesday's stock gains mostly erased
Stock markets slumped on Thursday, erasing much of the previous day's gains as investors continue to navigate President Trump's tariff strategy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
China
How Trump's trade war with China could impact U.S. film industry
Escalating trade tensions between the U.S. and China could affect Hollywood, with the average U.S. film making about 10% of its gross from the China market.
Mar 6: CBS News 24/7, 1pm ET
President Trump delays tariffs on most goods from Mexico for one month; Firing squad executions still being allowed in some states.
Mar 6: CBS News 24/7, 10am ET
President Trump expected to issue executive order to eliminate the Education Department; Boy kidnapped in Atlanta seven years ago found in Colorado.
Trade tension with China impacts U.S. farmers
Less than 24 hours after tariffs went into effect, President Trump announced a 90-day pause on most of his new tariffs and lowered "reciprocal tariffs" to 10%. However, tariffs on China have increased to 125%. As trade tensions escalate, U.S. farmers say they are caught in the middle.
Behind Trump's timing on tariffs pause
Questions are emerging about President Trump's timing on his tariffs pause announcement. This comes as more details emerge about an apparent U.S.-Russia prisoner swap that led to Ksenia Karelina's release. CBS News' Weijia Jiang reports.
China says door for tariff talks is open
China's Commerce Ministry says the door is open for talks with the U.S. on tariffs. This comes as President Trump paused his tariffs on most nations, except China. CBS News' Natalie Brand reports.
China says it's open to talks as Trump pauses tariffs on other nations
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
Wall Street soars after Trump's tariff pause
President Trump announced a 90-day pause on most of his new tariffs, sending the U.S. stock market surging. At the same time, the president said he's increasing the tariff rate on goods imported from China to 125%. Ed O'Keefe and Anna Coren have details.
Federal Reserve's Neel Kashkari on tariffs
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
What to know about the Trump tariffs so far
The tariff announcements and policy updates out of the White House have been changing rapidly. CBS News MoneyWatch correspondent Kelly O'Grady gives an overview. And one of the biggest beneficiaries of the "reciprocal" tariffs may be the U.S. resale market. Poshmark CEO Manish Chandra joins "The Daily Report" to discuss. Then, CBS News' O'Grady and Jill Schlesinger answer your questions.
Why Trump paused tariffs for most nations?
Since the Trump administration announced sweeping new tariffs, there's been mixed messaging from the White House. President Trump announced Wednesday that higher levies on the vast majority of America's trading partners will be paused for 90 days. CBS News' Weijia Jiang, Jill Schlesinger and Kelly O'Grady report and answer viewer questions.
Why did Trump reverse course on tariffs?
China, the world's second-largest economy, was the only country not included in President Trump's 90-day tariff pause on Wednesday. CBS News political director Fin Gómez is tracking the tariff response inside the West Wing.
Trump shifts focus to China in tariff fight
President Trump announced a 90-day pause on his reciprocal tariffs on Wednesday, with most nations getting a break except China, which is now facing a 125% levy. CBS News business analyst Jill Schlesinger has more.
Trump takes questions after tariff pause
President Trump took questions Wednesday in the Oval Office after announcing a pause on reciprocal tariffs for most countries. See his remarks.
Markets spike before close after tariff pause
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
What Trump has said about tariffs as stock market reacts
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.
Trump speaks after announcing tariff pause
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.
Stocks surge after Trump tariff pause
The stock market skyrocketed Wednesday after President Trump unexpectedly announced there would be a pause on reciprocal tariffs against most countries. The president said levies against China would be increased. Lindsey Reiser anchored CBS News' team coverage.
Bessent comments on Trump's tariff pause
Treasury Secretary Scott Bessent and White House press secretary Karoline Leavitt took questions from reporters at the White House immediately after President Trump announced a 90-day reciprocal tariff pause for most countries while raising the tariffs against China.
Hegseth says U.S. doesn't want China war
Secretary of Defense Pete Hegseth says China is threatening the Panama Canal with investments in the region. CBS News' Shanelle Kaul reports.
Trump announces tariff pause for most nations
President Trump on Wednesday announced a 90-day tariff reciprocal pause for most countries, but raised tariffs further against China. Following comments from the White House, Maurice DuBois anchored a CBS News special report on the development with Elizabeth Cook anchoring continuing coverage.
China hikes tariffs on U.S. goods to 84%, as EU also hits back
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
Bessent on China escalating trade war
Treasury Secretary Scott Bessent is warning other nations against escalation after facing tariffs from the Trump administration. This comes as President Trump suggests Americans should "be cool" and not fret as stocks slide. CBS News' Jill Schlesinger and Weijia Jiang report.
U.S. farmers worried about China tariffs
U.S. farmers are concerned as the trade war with China gets worse. This comes as new tariffs on U.S. goods reached 84% and as President Trump's tariffs took effect. CBS News' Lana Zak reports.
Palestinian gunmen kill 6 people in attack on Jerusalem bus stop
Israeli officials say two gunmen opened fire on a Jerusalem bus stop, killing six people and leaving seven others in serious condition.
Trial begins today for man accused of Trump assassination attempt
Ryan Routh, 59, has pleaded not guilty to charges of attempting to assassinate Mr. Trump during the presidential campaign and will be representing himself at trial.
Who won MTV Video Music Awards for 2025? See the full winners list here
See the full list of winners and nominees for the 2025 MTV Video Music Awards.
After Trump's health funding cuts, states face tough budget decisions
The Trump administration has pushed a significant amount of health costs to states, whose budgets may already be strained by declining state tax revenues, a slowdown in pandemic spending, and economic uncertainty.
Justice Barrett on the Supreme Court's checks on Trump's power
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.
CBS News poll: On Trump deploying National Guard, divisions over impact on crime, rights
Trump's approval rating ticks back up; support for tariffs declines as some pull back buying.
South Korea says it reached deal for release of workers detained in Georgia ICE raid
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.
New Zealand father on the run almost 4 years with his kids shot dead by police
Tom Phillips, who evaded authorities with his three kids in remote New Zealand countryside for nearly four years was shot and killed by a police officer
Australian woman who killed 3 with toxic mushrooms sentenced to life in prison
Erin Patterson was convicted for serving a poisonous meal to her estranged husband's parents, aunt and uncle during a beef Wellington lunch at her home in 2023