Steel and aluminum tariffs could cause price broad price hikes
Here are some of the products that are likely to cost more under President Trump's 25% tariffs on all steel and aluminum imports.
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Here are some of the products that are likely to cost more under President Trump's 25% tariffs on all steel and aluminum imports.
New Consumer Price Index data showed inflation slowed in February, which may be a good sign for the U.S. economy for now. CBS MoneyWatch correspondent Kelly O'Grady reports.
The European Union is targeting certain emblematic U.S. goods as a response to President Trump's recent tariffs on aluminum and steel. CBS News' Olivia Rinaldi reports.
The new rules would require foreign nationals staying in the U.S. for more than 30 days to register and submit fingerprints with ICE.
President Trump's tariffs are frustrating Canadians who like to spend their winter in the U.S. This comes as the trade war appears to grow. David Akin, the chief political correspondent for Global News, joins CBS News with more.
President Trump reacted to news of the European Union's retaliatory tariffs on U.S. goods set to take effect in April. CBS MoneyWatch correspondent Kelly O'Grady reports.
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.
A new 25% tariff on imported aluminum and steel takes effect today, raising costs for industries that rely on metal. For craft breweries like Talea Beer Co., the price hike could mean higher costs for cans and equipment, potentially leading to more expensive beer.
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.
The Department of Education says half its workers are losing their jobs in a move that Education Secretary Linda McMahon says is meant to ensure "resources are directed where they matter most." CBS News' Caitlin Huey-Burns and Weijia Jiang report on that and some of the other big news coming out of the White House.
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie Brand reports.
American brides are facing the impact of the trade war, as tariffs on imports from China threaten to raise the cost of wedding gowns. Janet Shamlian reports.
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with Commerce Secretary Howard Lutnick to discuss the stock swings, inflation and risks of a recession.
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all Canadian steel and aluminum imports. CBS News' Kelly O'Grady and Zak Hudak break it down.
President Trump is leading the charge to oust Republican Rep. Thomas Massie of Kentucky after he said he would not support the GOP-led short-term funding bill to keep the government open. Brakkton Booker, national political correspondent at Politico, and Jasmine Wright, politics reporter for NOTUS, join "America Decides" with analysis.
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard Lutnick, who brokered the truce with the Ontario premier.
Ukraine said Tuesday it is willing to accept a 30-day ceasefire with Russia after talks with the U.S. in Saudi Arabia. Secretary of State Marco Rubio will now take the deal to the Russians. CBS News' Jennifer Jacobs, Fin Gómez and Axios senior political reporter Alex Isenstadt have more.
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets fluctuate amid uncertainty on the ongoing trade war. CBS News' Olivia Rinaldi and Kelly O'Grady report.
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. Trump's moves. CBS News' Kelly O'Grady and Olivia Rinaldi report.
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin Gomez has more on the political implications.
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest importer of Canadian electricity. Tim Knauss, reporter for Syracuse.com and The Post-Standard, joins CBS News to discuss how costs could shift for homes and businesses.
Canada's Liberal Party has chosen former central bank leader Mark Carney to succeed Justin Trudeau as the country's next prime minister. The 59-year-old economist won with nearly 86% support in a vote Sunday. CBS News correspondent Shanelle Kaul has more.
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and he did not rule it out. CBS News' Kelly O'Grady and Weijia Jiang have the latest.
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another shutdown over government funding. CBS News Weijia Jiang and Nikole Killion have the latest.
Candidates from different wings of the Democratic Party won key races in the biggest test since President Trump's victory last year. Follow live results here.
The government shutdown stretches into Day 36 on Wednesday as Senate Republicans are set to have breakfast with the president at the White House. Follow live updates here.
Exit polls in the 2025 races in New Jersey, Virginia, New York City and California showed Trump and the economy were on the minds of voters.
The number of fatalities is expected to increase after a UPS plane crashed Tuesday near the Louisville International Airport in Kentucky, Gov. Andy Beshear said.
Democrats are set to sweep Tuesday's gubernatorial races in New Jersey and Virginia, with Mikie Sherrill and Abigail Spanberger projected to win.
The termination marks a significant shift in U.S. policy toward South Sudan, a country that U.N. experts warn could be sliding "back toward another deadly war."
The Supreme Court is hearing arguments over whether a federal emergency powers law authorizes President Trump's most sweeping tariffs.
In September, the U.S. government blacklisted Barrio 18 as part of its crackdown on drug trafficking.
A Democratic Socialists of America leader says New York City Mayor-elect Zohran Mamdani offers a "powerful way forward" for Democrats — but some moderates worry he'll hand the GOP "a pretty potent set of weapons" in next year's midterms.