Wall Street volatility amid hope for tariff deals
The stock market started the day up, but then reversed early gains to end in the red, even as the White House says it is open to negotiate with willing countries. Kelly O'Grady explains.
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The stock market started the day up, but then reversed early gains to end in the red, even as the White House says it is open to negotiate with willing countries. Kelly O'Grady explains.
Tuesday was another volatile day for the markets as tariff uncertainty gripped Wall Street. President Trump's reciprocal tariffs are set to go into effect Wednesday. CBS News' Kelly O'Grady, Aaron Navarro, Ramy Inocencio and Nikole Killion have all the latest tariff details.
Almost every country on the planet has been hit by President Trump's tariffs -- even imports from the microstate of Liechtenstein will be taxed 37%. Liz Palmer reports.
With tariffs now in place, President Trump signaled he's willing to explore deals with affected countries on a case-by-case basis. Trump claims more than 70 countries have called to negotiate ahead of a midnight deadline. Ed O'Keefe has the latest.
Virginia voters are seven months away from electing their next governor in a race that's already seen record-breaking fundraising. Democratic candidate Abigail Spanberger joins "America Decides" to discuss the historic race between her and the commonwealth's lieutenant governor.
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet, joins "America Decides" to examine how the escalating trade war could impact the global economy and whether trade deficits are inherently bad.
Several Republican holdouts went to the White House on Tuesday to discuss the GOP budget plan. CBS News congressional correspondent Nikole Killion reports. Then, political strategists Michael LaRosa and Lance Trover join "America Decides" with analysis.
Sources tell CBS News that national security adviser Mike Waltz meant to add a spokesman and not a journalist to a chat on Signal where Trump administration officials were discussing plans to bomb Yemen. Democratic Rep. Jason Crow of Colorado joins "America Decides" with his take on the debacle, Trump's tariffs and the state of his party.
A stock market rally fizzled by Tuesday's closing bell, with the Dow Jones wiping out a 1,400-point gain and all three major indexes closing in the red ahead of the midnight deadline for President Trump's sweeping tariffs. CBS News' Kelly O'Grady and Jennifer Jacobs have more.
White House press secretary Karoline Leavitt spent most of her press briefing Tuesday answering questions about tariffs and potential negotiations over the levies with trade partners.
Americans' grocery bills could be higher due to President Trump's tariffs. Supermarketguru.com editor Phil Lempert joins CBS News to discuss how tariffs will "change what we buy."
U.S. trade representative Jamieson Greer testified before the Senate Finance Committee Tuesday about President Trump's sweeping tariffs and their effects on the U.S. economy. See some of the key moments from the hearing.
The U.S. will impose a 104% tariff on imports from China starting on Wednesday, according to White House officials.
Tuesday was another volatile day for the markets as the Trump administration indicated it is taking calls from nearly 70 countries to negotiate on tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump is signing an executive order Tuesday that the White House says will invigorate the coal industry. CBS News White House reporter Aaron Navarro has the details.
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."
A spokesperson for China's foreign ministry hit back at Vice President JD Vance after Vance referred multiple times to "Chinese peasants" in a Fox News interview.
The White House is setting up calls with countries wanting to negotiate tariffs with President Trump. This comes as tensions rise with China over retaliatory tariffs. CBS News' Jennifer Jacobs reports.
President Trump's reciprocal tariffs on dozens of countries go into effect Wednesday. Here's what to know about the import taxes.
U.S. Trade Representative Jamieson Greer is testifying before the Senate Finance Committee and fielding questions about President Trump's tariffs. CBS News' Caitlin Huey-Burns breaks down the tense queries from some lawmakers.
Some investors are looking at the current economic atmosphere as a buying opportunity, which appears to be helping some stocks rebound slightly, but President Trump's tariffs are still expected to drive up prices for American consumers. CBS MoneyWatch correspondent Kelly O'Grady reports.
China retaliates as Trump tariffs take effect, Beijing adds levies on U.S. foods, blacklists American companies; Mardi Gras 2025 security at historic level following New Year's attack.
U.S. tariffs on Mexico and Canada go into effect and levies on China raised; House Transportation subcommittee holds hearing on state of air traffic control system.
President Trump said he held a call with South Korea on tariffs and also alleged that China wants to make a deal with the U.S. This comes as the White House prepares for talks with Iran on its nuclear program. CBS News' Natalie Brand has the latest.
President Trump remains defiant amid criticism for his latest tariffs announcement and his threats of additional tariffs against China. CBS News senior White House correspondent Weijia Jiang reports.
President Trump offered no plan for health care costs, which has been a sticking point in ending a government shutdown, and says it will end when Democrats give in.
President Trump and both parties are drawing negative ratings for their handling of the government shutdown.
President Trump said he's OK with tactics used by ICE agents during raids "because you have to get the people out."
Transportation Secretary Sean Duffy said the federal government will "stop traffic" if it becomes a safety issue, adding, "We're not going to let that happen."
Defense Secretary Pete Hegseth, in a social media post, said the vessel was allegedly operated by a U.S.-designated terrorist organization but did not name which group was targeted.
Watch as President Trump discusses testing nuclear weapons, U.S.-China relations, Israel, the government shutdown, immigration, tariffs, and whether he'll try to stay in the White House beyond 2028.
U.S. District Judge Karin Immergut said she "found no credible evidence" that protests in the city grew out of control before the president federalized the troops.
Police say an explosion inside a building on the Harvard Medical School campus in Boston early Saturday morning appears to have been an intentional act.
The shooting happened at an Airbnb in Bath Township, about 15 miles northwest of Akron. It was not immediately clear if all nine people were shot.