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California has become the first state to sue the Trump administration over its sweeping tariffs. The lawsuit contends that President Trump lacks the authority to unilaterally impose the new levies. California Attorney General Rob Bonta joins "The Daily Report" to discuss.
President Trump lashed out at Federal Reserve Chair Jerome Powell in a social media post on Thursday, saying his termination "cannot come fast enough." CBS News' Fin Gómez and Kelly O'Grady report.
President Trump has announced a 90-day pause on reciprocal tariffs for most U.S. trade partners while increasing tariffs on China to 125%. Stocks surged with the news. CBS News' Ed O'Keefe, Kelly O'Grady, Javier David, Aaron Navarro and Taurean Small report and Barron's markets reporter Jacob Sonenshine joins CBS News with analysis.
Trump has lauded Italy's right-wing Prime Minister Giorgia Meloni as a "fantastic leader." Their affinity has put pressure on the EU flag-bearer.
Shein and Temu, known for their low-cost items, say they'll raise prices starting April 25 after Trump ended an import loophole.
Italian Prime Minister Giorgia Meloni arrived at the White House on Thursday for her meeting with President Trump on tariffs and other topics. CBS News' Aaron Navarro has the latest.
President Trump and Italian Prime Minister Giorgia Meloni are set to meet at the White House on Thursday with tariffs at the top of the agenda. CBS News' Nancy Cordes has more.
President Trump took to social media to lash out at Federal Reserve Chairman Jerome Powell on Thursday, saying his "termination can't come fast enough." Mr. Trump's comments were in response to Powell's warning about the potential consequences of the administration's trade policy. CBS News' Natalie Brand and Kelly O'Grady have more.
Trump threatens 200% tariff on EU alcohol in response to American whiskey tariff; Protesters arrested after storming Trump Tower over arrest of Mahmoud Khalil.
President Trump lashed out at Federal Reserve Chair Jerome Powell who warned that the administration's tariff plan could lead to persistent inflation and an economic slowdown. California Gov. Gavin Newsom also announced plans for the state to file a lawsuit challenging the tariffs. CBS News chief White House correspondent Nancy Cordes has the latest updates.
President Trump slammed Jerome Powell on Thursday morning, a day after the Federal Reserve chairman said the Trump administration's tariff policy could lead to higher inflation and slower economic growth. CBS News' Natalie Brand has more on Mr. Trump's response.
Almost all of the serums, face masks and creams sold at Senti Senti, a Brooklyn skincare store, are imported from South Korea and Japan.
The U.S. economy appeared headed toward a "soft landing" after a series of rate increases, but tariff chaos is causing sudden, unpredictable shifts in conditions. "CBS Evening News" co-anchor John Dickerson explains.
The head of the World Trade Organization warned a steep decline in global trade volume is coming due to President Trump's sweeping tariffs, but the president promises his policies will lead to a boon for U.S. manufacturing and increased revenue. Scott Lincicome, vice president of the Cato Institute's Trade Policy Center joins to discuss.
South Korea tops the list for cosmetics imports, but it could face a 25% tariff if President Trump's plan moves forward following a 90-day pause on most of his so-called new reciprocal tariffs. Jericka Duncan reports.
The owner of a small stationery business based in Pensacola, Florida, says her company is facing up to $1 million in tariff payments this year alone under the Trump administration's new tariffs.
Emily Ley has built her small business Simplified over the last 17 years. The Pensacola company produces its planners in China for American shoppers -- imports that are now subject to sky-high tariffs. Jo Ling Kent reports.
President Trump has said one of the goals of his sweeping tariffs is to encourage American businesses to manufacture in the U.S. Wired senior writer Zeyi Yang joins "The Daily Report" to discuss the challenges small businesses face shifting production from China to the U.S.
Federal funding cuts have already impacted health care, education and other core programs in Connecticut. Democratic Gov. Ned Lamont launched an online tool for businesses, nonprofits and cities to report the impacts directly to his office. He joins "America Decides."
Stocks fell sharply on Wednesday due in part to tariff concerns. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Federal Reserve Chair Jerome Powell's warning about tariffs.
The markets fell sharply on Wednesday after Federal Reserve Chair Jerome Powell expressed concerns about the economic impact of tariffs. Meanwhile, President Trump is meeting with Japanese officials about tariffs. CBS News White House reporter Olivia Rinaldi has the latest.
Emily Ley, founder of Simplified, tells Jo Ling Kent she's paid more than $1 million in tariffs since 2018 and can't survive new hikes. Now, she's suing President Trump, arguing the trade policy bypassed Congress.
China appointed a new international trade negotiator Wednesday amid an escalating tariff war with the U.S. Beijing also announced its economic growth exceeded expectations, growing 5.4% in the first quarter of 2025 compared to the same period last year. Stephen McDonell, BBC's China correspondent, has more.
President Trump has ordered a probe that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones.
Vice President JD Vance offered a British news outlet some explanation of the Trump administration's approach to European security, the Ukraine war, and trade.
Hurricane Melissa made landfall Tuesday in Jamaica as a fearsome Category 5 storm. Forecasters said it could be the island's "storm of the century."
The Senate failed for a 13th time on advancing a GOP funding bill that would end the government shutdown, now on Day 28. Follow live updates here.
The order from Netanyahu follows heightened tensions after Hamas returned a set of remains that Israel said belonged to a hostage recovered earlier in the war.
The U.S. on Monday struck four more vessels that the Pentagon says were trafficking narcotics in the eastern Pacific Ocean, Defense Secretary Pete Hegseth announced.
President Trump's lawyers filed their long-promised appeal of the Manhattan "hush money" criminal case that led to his felony conviction.
The Senate is expected to vote Tuesday on a measure that would block President Trump's tariffs on Brazil, as Democrats seek support from a handful of Republicans.
The GOP majority report criticized Biden's autopen use, but did not offer clear evidence that aides conspired to enact policies without his knowledge.
Officials from half the states and the District of Columbia are asking a federal judge to order the Department of Agriculture to provide food stamp benefits for November.
Airlines are donating meals to unpaid federal aviation workers during the government shutdown as air traffic controllers missed their first paychecks.