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As President Trump threatens a 30% tariff on Mexico and the European Union, some American businesses are viewing the shift in trade policy as an opportunity to expand. CBS News' Nancy Chen spoke with a cheese producer in Michigan about the potential impacts of new tariffs on the industry.
The Dow Jones finished the day down on Tuesday after new data showed inflation accelerated in June, rising 2.7% on an annual basis. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump posted on social media that he struck a trade deal with Indonesia, but gave no further details. Mr. Trump has sent a slew of tariff letters in recent weeks to trade partners, warning them to make a deal with the U.S. before Aug. 1. CBS News' Ed O'Keefe has the latest.
More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to Russia.
Consumer Price Index data for June emerged Tuesday, showing a 0.3% rise for the month and a 2.7% annual rate. CBS News' Natalie Brand has more from the White House.
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
Fresh tomatoes from Mexico — which supplies about 70% of the U.S. tomato market — will face a 17.09% duty.
Stocks finished the day up slightly with President Trump's new Aug. 1 trade deal deadline looming. CBS News contributor Javier David has more.
President Trump is slapping 30% tariffs on goods from the European Union, including cheese. One cheese maker in Michigan is hoping to take advantage. Nancy Chen reports.
President Trump has set an August 1 deadline for several countries to reach trade agreements with the U.S. before they're hit with increased tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump said Monday the U.S. has reached a deal to sell weapons to NATO nations that will in turn send weapons to Ukraine to replenish their depleted stockpiles. CBS News White House reporter Olivia Rinaldi has the latest.
President Trump threatened 100% tariffs on countries that do business with Russia during a meeting with NATO Secretary General Mark Rutte in the Oval Office on Monday. Mr. Trump also said that Patriot missiles are being sold to NATO nations to supply Ukraine. CBS News' Charlie D'Agata breaks down the Oval Office meeting.
The European Union is delaying retaliatory tariffs against the U.S. amid President Trump's warning about 30% levies on imports from the EU beginning Aug. 1 if a trade deal isn't reached. CBS News' Ramy Inocencio has the latest details.
President Trump is threatening Mexico and the European Union, two of the largest U.S. trading partners, with 30% tariffs starting in August if they don't reach a trade deal with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means for U.S. consumers.
The European Union announced that it would delay retaliatory tariffs against U.S. goods following President Trump's tariff letter last week that said all goods imported from the EU countries would be levied at 30% beginning Aug. 1. CBS News foreign correspondent Ramy Inocencio has the latest.
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
President Trump issued new threats in his global trade war, aiming at two more of America's biggest trading partners on Saturday. Willie James Inman reports.
President Trump sent tariff letters to more than 20 countries urging them to reach trade deals with the U.S. by Aug. 1, further escalating threats to partners including Canada. Trump also announced a 50% tariff on copper imports.
Canada — one of the U.S.'s largest trading partners — will face 35% tariffs, President Trump said Thursday.
President Trump on Thursday threatened to impose a 35% tariff on Canadian goods beginning Aug. 1. Mr. Trump's latest salvo came after he also threatened tariffs on a number of other countries earlier in the week, including Japan and South Korea. Kelly O'Grady looks at how other nations are reacting.
Stocks fell across the board on Friday after President Trump threatened a new 35% tariff on Canada. CBS News contributor Javier David breaks down the market's reaction.
Republican Sen. Thom Tillis' surprise retirement could benefit Democrats in the race for his North Carolina Senate seat. Jessica Taylor, Senate and governors editor for the Cook Political Report, and Laura Davison, Washington deputy bureau chief for Bloomberg News, join "The Takeout" with more.
Stocks tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Health and Human Services Secretary Robert F. Kennedy Jr. is testifying Thursday before the Senate Finance Committee. Follow live updates here.
Justice Amy Coney Barrett spoke to CBS News senior correspondent Norah O'Donnell for her first TV interview since joining the Supreme Court in 2020.
Giorgio Armani, the renowned Italian fashion designer, has died at age 91, his company says in a statement.
Large majorities say COVID vaccines should be more available to those who want them, but many say Robert F. Kennedy Jr.'s policies are making vaccines less available.
The Epstein jail video officials initially released was missing one minute, but footage released Tuesday contains that minute.
"Predictions are, in this century, it may be... possible to live to 150 years old," China's Xi Jinping mused to Vladimir Putin before a historic military parade in Beijing.
The estimated Powerball jackpot for Saturday night's drawing soared to an estimated $1.7 billion after no tickets came up winners of Wednesday's $1.4 grand prize.
Lisbon's Elevador da Gloria funicular streetcar has carried tourists in Portugal's capital for more than a century. The cause of its deadly crash remains unclear.
Spirit confirmed to CBS News on Thursday that it is discontinuing service in 12 cities.