Canada slaps 25% retaliatory tariffs on U.S.
Canada is responding to President Trump's tariffs with retaliatory 25% tariffs on U.S. goods. CBS News national correspondent Lana Zak has more on the impact of the tariffs between the U.S. and Canada.
Tariffs
How new tariffs could impact prices
As new tariffs take effect, Americans are watching for potential price increases on everyday goods. CBS News business analyst Jill Schlesinger explains how the tariffs are connected and what they could mean for your bottom line.
Trade war escalates with new tariffs
President Trump's 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, leading China to hit back with new tariffs on U.S. goods. Anna Coren reports on the latest developments.
Full details on new Trump tariffs
New U.S. tariffs against Mexico and Canada, threatened by President Trump since his return to the White House, went into effect at 12:01 a.m. Tuesday. Existing levies against China were also raised. CBS News' Ed O'Keefe, Jill Schlesinger and Lana Zak have a full breakdown of what the tariffs mean.
Trump to address Congress
President Trump will lay out his priorities during an annual address to Congress Tuesday night. Mr. Trump will also talk about what he's already done, including massive cuts to the federal workforce through DOGE. The address comes as new U.S. tariffs hit Mexico, Canada and China.
Impact of new Trump tariffs
President Trump's threat of tariffs against Mexico and Canada has been realized with the U.S. imposing a 25% tariff on nearly all goods imported from those two countries. An additional 10% tariff has also been added to the existing measures against China, bringing the tariffs against Beijing up to 20%. CBS News foreign correspondent Ramy Inocencio has more on how the world is reacting and the immediate impact of the measures.
What to expect from Trump address to Congress
President Trump will deliver remarks before a joint session of Congress Tuesday night in his first speech to both chambers since reclaiming the White House. CBS News' Nancy Cordes and Taurean Small have a preview.
What tariffs could mean for U.S. consumers
President Trump's plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on Chinese imports. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Faced with Trump's tariffs, some Chinese firms simply relocate
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden.
Chinese factories move to Cambodia to avoid U.S. tariffs
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden. Anna Coren reports from Cambodia.
U.S. tariffs on Mexico and Canada to take effect
President Trump said that he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada as planned, after taking a month for aides to negotiate a potential reprieve. Weijia Jiang has details.
Tariffs on U.S. allies to take effect in hours
The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and Sarah McGregor, managing editor for Bloomberg News' national desk, join "America Decides" with analysis.
Trump: Zelenskyy should be "more appreciative"
After their clash in the Oval Office, President Trump says Ukrainian President Volodymyr Zelenskyy should be more thankful for U.S. support. The wartime leader said over the weekend that he's grateful but has not apologized. CBS News' Olivia Rinaldi and Scott MacFarlane have the latest.
Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.
Wall Street slumps after Trump says tariffs will begin on March 4
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
Stocks fall after Trump tariffs comments
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.
Impact of tariffs on Mexico, Canada
The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch correspondent Kelly O'Grady explains how this could impact prices for Americans.
White House set to impose tariffs this week
The White House is expected to impose tariffs on Mexico, Canada and China this week, which some economists say could raise prices for Americans and slow economic growth. Canada and Mexico both said they will respond with tariffs of their own. Willie James Inman reports.
Trump takes actions to increase lumber supplies and curb wood imports
The president signed an executive order to increase the possible supplies of timber and lumber and possibly lower housing and construction costs, according to senior administration officials.
U.S. set to unleash tariffs on Canada, Mexico and other countries
Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.
U.K. ready to put "boots on the ground" to support peace deal in Ukraine, Starmer says
During a meeting with U.K. Prime Minister Keir Starmer, President Trump accepted an invitation from Britain's King Charles to visit that country.
Trump says meeting with UK was productive
President Trump welcomed British Prime Minister Keir Starmer to the White House on Thursday and they addressed Ukraine in a joint news conference. CBS News White House reporter Aaron Navarro reports.
Inside the busiest U.S. port of entry
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the U.S.-Mexico border.
Breaking down Trump-Starmer meeting, tariffs
President Trump met with British Prime Minister Keir Starmer on Thursday to discuss ending the Russia-Ukraine war and establishing new trade deals. CBS News chief White House correspondent Nancy Cordes reports.
China tariffs set to take effect
Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.
Live
Trump pushes Senate GOP to scrap filibuster to end government shutdown
President Trump told GOP senators that "we must get the government back open soon and really immediately" on Day 36 of the shutdown. Follow live updates here.
Here's what CBS News exit polls told us about the 2025 elections
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.
Supreme Court justices seem skeptical of Trump's sweeping tariffs
The Supreme Court heard arguments Wednesday over whether a federal emergency powers law authorizes President Trump's most sweeping tariffs.
Mamdani's election draws celebration, pride and anger around the world
Mayor-elect Mamdani's win in New York is cheered by his London counterpart and a former mentor in Uganda, but draws a warning from Israel's U.S. ambassador.
UPS plane crashes near Louisville airport, killing at least 9 people
The number of fatalities may increase after a UPS plane crashed Tuesday near the Louisville International Airport in Kentucky, Gov. Andy Beshear said.
Election Day 2025 results: Democrats sweep major races
Candidates from different wings of the Democratic Party won key races on Election Day 2025 in the biggest test since President Trump's victory last year.
Democrats win key governor's races in New Jersey and Virginia after post-Trump slump
Democrats are set to sweep Tuesday's gubernatorial races in New Jersey and Virginia, with Mikie Sherrill and Abigail Spanberger projected to win.
Man arrested after groping Mexican President Claudia Sheinbaum on street
Mexico President Claudia Sheinbaum says the harassment she suffered from a drunk man near the government seat is an assault on all women.
Manhunts underway as 2 more prisoners released by mistake in U.K.
Searches are underway in the U.K. for two men mistakenly released from prison, part of a growing trend that has put the government under fire.