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The U.S. stock market opened down sharply Monday, teeing up to be the third straight day of major losses after President Trump announced sweeping tariffs on trading partners last week. Global markets also tumbled on Monday as the Trump administration continued to defend its tariff plan. CBS News' Kelly O'Grady, Ramy Inocencio and Caitlin Huey-Burns have the latest.
The impact of President Trump's sweeping tariffs continues to impact global markets as European and Asian stocks saw drops Monday morning. U.S. stock futures indicate it could be another tough day on Wall Street as Mr. Trump defends his tariff plan. CBS News' Natalie Brand has the latest.
The White House is standing behind President Trump's tariffs even after stock markets around the world crumbled. Weijia Jiang has the latest.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The Wall Street sell-off triggered by President Donald Trump's trade policies intensified Friday after China matched Trump's new tariffs. It's the worst two-day streak for the stock market since the early days of the COVID pandemic. Meanwhile, a small business owner said the tariffs are already causing problems.
Friday was the second straight day of dramatic losses on Wall Street. One big factor is China announcing that it would impose 34% retaliatory tariffs on American goods in response to President Trump's tariff plan. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
Friday was the second straight day of dramatic losses on Wall Street. One big factor is China announcing that it would impose 34% retaliatory tariffs on American goods in response to President Trump's tariff plan. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
Republican Sen. Rand Paul of Kentucky has emerged as a fierce critic of President Trump's reciprocal tariffs, arguing they may not fit within the U.S. Constitution. Political strategists Hyma Moore and Maura Gillespie join "America Decides" with analysis.
Thursday was Wall Street's worst day since 2020 as investors reacted to President Trump's sweeping new tariffs on all nations. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns have the details.
Foreign leaders lined up on Thursday to condemn President Trump's wide-reaching trade taxes, promising countermeasures of their own. Enda Curran, global economics reporter for Bloomberg, joins "America Decides" to unpack the international fallout.
Stocks cratered in the U.S. on Thursday, one day after President Trump unveiled his plans for a 10% baseline tariff on all nations and higher levies for some. CBS News' John Dickerson anchors a special report.
President Trump spoke to reporters outside the White House Thursday, defending his new trade tariffs despite major market slides. CBS News White House reporter Olivia Rinaldi and CBS News MoneyWatch correspondent Kelly O'Grady have the latest.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
President Trump promised to bring down prices on the campaign trail, but economists say his tariffs could raise them. Political strategists Joel Payne and Kevin Sheridan join "America Decides" to examine the potential political ramifications.
President Trump declared a national emergency on Wednesday, giving him the power to regulate imports and impose a baseline tariff of 10% on all countries with specific reciprocal tariffs on what he calls the "worst offenders." CBS News' Weijia Jiang and Jo Ling Kent have more.
President Trump unveiled sweeping new global tariffs Wednesday despite warnings from economists that the move could cause prices to rise across the U.S. Nancy Cook, senior national political correspondent for Bloomberg News, and Courtenay Brown, economics reporter for Axios, join "America Decides" to discuss.
Leaders across the globe have largely criticized President Trump's tariffs. CBS News' Lana Zak, Elizabeth Palmer and Jason Allen are tracking the reaction to Wednesday's announcement of "Liberation Day" tariffs from U.S. allies to the north, south and across the pond.
President Trump announced on Wednesday a 10% tariff on all countries and additional reciprocal tariffs on the "worst offenders." CBS News' Weijia Jiang, Kelly O'Grady, Jo Ling Kent and Margaret Brennan break down the unveiling and its likely impact.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
European leaders will join Ukraine's President Volodymyr Zelenskyy for his crucial meeting with President Trump in Washington on Monday.
U.S. Citizenship and Immigration Services instructed officers on Friday to consider additional factors when determining whether immigrants applying for U.S. citizenship have a "good moral character."
A White House spokesperson told CBS News that while deployed National Guard members "may be armed," they will not make arrests.
Erin is the first hurricane to develop over the Atlantic this year, and meteorologists are closely tracking its path and forecast.
The strike, which began on Saturday morning, stranded more than 100,000 travelers around the world during the peak summer travel season.
The moves come as federal agents and National Guard troops have begun to appear across the heavily Democratic city after President Trump's executive order earlier this week.
The Israeli military body in charge of humanitarian aid to Gaza said the supply of tents and other shelter equipment to the territory would resume on Sunday ahead of the mass movement of Palestinians to the south.
Guatemalan authorities on Saturday freed nine prison guards who had been held hostage since Thursday by rioting inmates in Guatemala City, an official said.
The thieves were armed with bear spray and a Taser, and shattered the building's glass doors before ransacking display cases.