Stocks close higher after U.S. and U.K. announce trade deal
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
Tariffs
Many companies plan to pass tariff costs on to consumers, data shows
Companies are already moving to hike their prices as U.S. tariffs bite, a move economists say is likely to drive up inflation.
Toyota says President Trump's tariffs will cost automaker $1.3 billion
Japanese automaker underscores impact of Trump's tariffs on imported vehicles by outlining hefty hit to profits.
Trump announces U.K. trade agreement
President Trump announced a trade agreement with the United Kingdom that lowered tariffs on some British goods. Commerce Secretary Howard Lutnick said at the Oval Office that the deal will raise $6 billion in revenue for the United States. CBS News breaks down the deal's terms.
Trump U.K. trade deal expected
President Trump is expected to announce a trade agreement with the United Kingdom as more nations apparently attempt to negotiate with the White House to lower tariffs levied. CBS News' Nancy Cordes reports.
Apr 3: CBS News 24/7, 10am ET
Stocks plunge as markets react to President Trump's tariffs; IRS warns against taking tax tips from social media.
Apr 3: CBS News 24/7, 1pm ET
President Trump slaps minimum 10% tariffs on all U.S. trading partners; Cat reunited with homeowner months after Palisades Fire in Southern California.
Apr 3: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leaders
Trump calls Powell a "FOOL" over rates
President Trump is still insulting Federal Reserve Chair Jerome Powell on social media. This comes after Powell's latest decision to leave interest rates unchanged. CBS News contributor Javier David has more.
Trump teases major U.K. trade deal
President Trump announced that a trade deal with the United Kingdom is coming as questions linger about what nations are negotiating with the U.S. over tariffs. CBS News' Natalie Brand has more.
4/3: CBS Morning News
Trump unveils 10% tariff on all countries; President says TikTok will be sold to U.S. buyer before April 5 deadline.
Reporter's Notebook: Who pays for tariffs?
As officials debate who pays for tariffs, small business owners say the answer is on their import bill. "CBS Evening News" co-anchor John Dickerson explains.
Previewing the U.S.-China talks on trade
Treasury Secretary Scott Bessent told a House committee on Wednesday that he and U.S. trade representative Jamieson Greer will hold trade talks with Chinese officials in Switzerland on Saturday. CBS News senior White House correspondent Weijia Jiang reports.
Why did the Fed hold rates steady?
The Federal Reserve said Wednesday it will leave U.S. interest rates unchanged amid trade uncertainty and risk of stagflation. CBS News senior business and technology correspondent Jo Ling Kent has more.
Fed ignores Trump's call for cuts
The Federal Reserve held interest rates steady on Wednesday, going against President Trump's repeated calls for cuts. CBS News' Jo Ling Kent and Weijia Jiang have the latest.
American toymaker on tariff impact
One industry reeling from President Trump's tariffs is American toy makers. Jay Foreman, CEO of Basic Fun!, the toymaker selling brand names like My Little Pony, Tonka Trucks and Lincoln Logs, joins CBS News to discuss the impact.
Trump: U.S. will not lower tariffs on China
Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will sit down with their Chinese counterparts in Switzerland for trade talks this weekend, but they'll do so after President Trump said the U.S. will not lower tariffs against China to kick-start talks. CBS News White House reporter Aaron Navarro has the newest details.
Powell warns of risks from tariffs
The Federal Reserve held interest rates steady on Wednesday as policymakers assessed the economic impact of President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Ford hiking prices on 3 vehicle models manufactured in Mexico
Ford Motor cites higher U.S. tariffs as one reason why the automaker is raising prices for three of its cars.
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”
Apr 2: CBS News 24/7, 1pm ET
President Trump set to unveil expansive global tariffs from White House Rose Garden; Real ID deadline approaches as millions of Americans still lack key identification card.
Apr 2: CBS News 24/7, 10am ET
Global trade tensions rise as President Trump plans to unveil sweeping new tariffs; Wife of Maryland man mistakenly deported pushes back on White House claims her husband is a criminal.
Takeaways from Carney's meeting with Trump
Canadian Prime Minister Mark Carney told reporters on Tuesday that Canada is "never for sale" in an Oval Office meeting with President Trump. CBS News chief White House correspondent Nancy Cordes is at the White House with more details.
Tariffs force U.S. bicycle company to halt imports from China
Kent International, one of Walmart's biggest bicycle suppliers, cancelled its new orders from China for April, and it doesn't have any plans to place new orders in May.
Introductory reset between Trump, Carney
President Trump met face-to-face with Canada's newly-elected Prime Minister Mark Carney on Tuesday. CBS News White House reporter Aaron Navarro has the details.
What's next for Nicolás Maduro as Trump pressures Venezuela
Tensions between the U.S. and Venezuela are ratcheting up, with a showdown between President Trump and Nicolás Maduro putting the two nations on the brink.
Hurricane Melissa is a powerful Category 4 storm in the Caribbean
Melissa strengthened into a major hurricane and is expected to bring "catastrophic" flash flooding and landslides to Jamaica, Haiti and the Dominican Republic.
Federal food aid won't go out starting Nov. 1, USDA website alert says
The USDA notice comes after the Trump administration said it would not tap roughly $5 billion in contingency funds to keep benefits through SNAP.
Exclusive
Newsom says he'll consider White House run after 2026 elections
In an exclusive interview, California Gov. Gavin Newsom said that he will consider a presidential campaign after the 2026 midterm elections.
Longevity doctor advises exercise, tests, and protein to prep for advanced age
Dr. Peter Attia has declared war on what he calls the marginal decade, the final years of life that are often plagued by sickness and immobility.
Graham says land strikes in Venezuela a "real possibility"
The U.S. has carried out several air strikes on Venezuelan vessels that the Trump administration has accused of carrying drugs and cartel members.
U.S. warship docks in Trinidad and Tobago amid tensions with Venezuela
In an interview aired Sunday on CBS News' "Face the Nation," Sen. Lindsey Graham said land strikes in Venezuela are a "real possibility" amid rising tensions.
TikTok deal to be finalized Thursday, Treasury Secretary Scott Bessent says
Treasury Secretary Scott Bessent said the TikTok deal announced last month is set to be finalized on Thursday when President Trump meets with Chinese President Xi Jinping.
Arrests made in crown jewelry heist at Paris' Louvre museum, prosecutor says
Thieves took less than eight minutes to steal jewels valued at $102 million last Sunday morning from Paris' famous Louvre museum.