Illinois farmers still wary over China tariffs
While a tariff truce between the U.S. and China is welcome news for many, farmers in McHenry County are not so sure. Political Reporter Chris Tye reports.
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While a tariff truce between the U.S. and China is welcome news for many, farmers in McHenry County are not so sure. Political Reporter Chris Tye reports.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
No Illinois industry does more business with China than the agricultural sector, and farmers have been worried about the hit they could take with tariffs. Political Reporter Chris Tye reports.
The U.S. has agreed to drop its 145% tariff rate on Chinese goods down to 30%.
China has agreed to lower its rate on US goods by about the same percentage points to 10%. The U.S. and China are committing to a 90-day suspension of most levies imposed since early April.
Its not clear what exactly happens after the 90 days are over but it's likely a more long term deal will be made now that there is a plan in place to continue discussions in resolving the trade war.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
This comes after President Trump said, “Great progress was being made between the two nations.” The meetings come amid a trade war where both nations have imposed higher tariffs on each other's goods.
Treasury Secretary Scott Bessent and trade negotiator Jamieson Greer are meeting with top Chinese officials in Geneva. These are the first meetings after President Trump and China implemented tariffs on each other.
President Donald Trump promised an announcement about a "major trade deal" with a "big, and highly respected country." The apparent progress as the U.S. and China prepares for their first face to face.
Two Trump administration officials will meet with their Chinese counterparts to discuss trade in the coming days, the administration said Tuesday.
The 485 shipments, 145 of which contained 516 counterfeit watches and 340 other shipments containing counterfeit driver's licenses, came from Hong Kong and China.
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
President Trump on Sunday said there were no exceptions made to his tariff announcements, adding that "nobody" will see an exemption in his widening trade war.
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
Small businesses in the Chicago area are making some difficult decisions about their future, because of the tariffs imposed by the Trump administration and the retaliation from China.
Chinese officials called soaring U.S. tariffs are "a joke," Friday, while sharply hiking levies on American imports to 125%. Investors aren't laughing as the stock market wobbled again.
The move comes after President Trump raised tariffs to the same level on Chinese goods.
The owner of Timeless Toys said he was forced to buy $200,000 worth of toys due to the trade war between the world's two largest economies.
The owner of Timeless Toys in Lincoln Square says he would like to keep toys out of tariff talk and keep prices low for the holiday season, but he is nervous costs will skyrocket. Shardaa Gray reports.
The owner of Timeless Toys said he was forced to buy $200,000 worth of toys due to the trade war between the world's two largest economies. Shardaa Gray reports.
China is not part of the pause, and the administration is ratcheting up pressure on Beijing to negotiate, pushing tariffs on Chinese goods up to 125%.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
President Trump’s latest move prompted yet another historic day on Wall Street. Erica Brown reports.
The focus is going to be on Soldier Field Sunday night as the Chicago Bears take on the Los Angeles Rams for the NFC Divisional Round of the NFL Playoffs.
A woman was killed early Sunday in a crash on DuSable Lake Shore Drive.
Parts of the Eisenhower Expressway in Chicago's western suburbs were closed early Sunday morning because of a deadly multi-vehicle crash.
Dozens braved the frigid temperatures in the Loop to call for an end to the Iranian regime.
Before the game, the Blackhawks honored their three Stanley Cup champion teams from the 2010s, with 29 players from those squads returning to pose with the Cup.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
A Minnesota judge put limits Friday on the tactics that federal law enforcement are permitted to use in their handling of protests over the Trump administration's surge of immigration resources to Minneapolis.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
The Justice Department says it also added about 80 more attorneys this week to help review the Epstein files to be released.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
January is Radon Action Month, and the Cook County Department of Public Health is urging residents to test their homes for radon.
Severe flu season is sending many people to hospital emergency rooms across the country, including in the Chicago area.
Unionized health care workers this week took aim at Northwestern Medicine, saying the health care system needs to hire more people before expanding the emergency room at Northwestern Memorial Hospital.
The Illinois Department of Public Health announced Tuesday that its recommendations for childhood vaccines will not be affected by a change in federal guidelines.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
The Piggery, a popular barbecue restaurant and bar in the northwest corner of Chicago's Lakeview neighborhood, announced Thursday that it is going out of business.
The Lincolnwood Town Center mall in the north Chicago suburb of Lincolnwood has been sold to a developer, the village announced Wednesday.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Chicago Theatre Week brings value-priced tickets for shows from Feb. 5 until Feb. 15 at Chicago's stage venues. Tickets can sell for $30, $15, or even less.
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
Meteorologist Kylee Miller has your 7 a.m. First Alert Weather forecast for Sunday, Jan. 18, 2026.
The focus is going to be on Soldier Field Sunday night as the Chicago Bears take on the Los Angeles Rams for the NFC Divisional Round of the NFL Playoffs. Asal Rezaei reports.
Video shot in the early morning hours Sunday showed the outbound lanes closed at Home Avenue in Oak Park.
Weir's family said he suffered "underlying lung issues" while battling cancer.
It was found in a gem pit near a remote town known as the city of gems, polished, and now, it's ready to be sold to the highest bidder.
The focus is going to be on Soldier Field Sunday night as the Chicago Bears take on the Los Angeles Rams for the NFC Divisional Round of the NFL Playoffs.
After both teams rallied in the 4th quarter to win in the Wild Card round of the NFL Playoffs, the Chicago Bears and Los Angeles Rams face off on Sunday in a NFC Divisional Round game at Soldier Field in Chicago.
Parts of the Eisenhower Expressway in Chicago's western suburbs were closed early Sunday morning because of a deadly multi-vehicle crash.
A woman was killed early Sunday in a crash on DuSable Lake Shore Drive.
Dozens braved the frigid temperatures in the Loop to call for an end to the Iranian regime.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
Lead-based paint was banned for serious health reasons in 1978, but most homes built before then remain covered in it.
Fire department officials in Chicago's western suburbs said drone technology has been helping keep firefighters safe and make a major impact on public safety.
With the stores becoming a common target for thieves, some of the stores in the Chicago area are taking new steps to fight back.
As thousands of people are expected downtown for New Year's Eve celebrations, Mayor Johnson, the Chicago police, and the Office of Emergency Management and Communications are trying to get out ahead of any safety concerns.
The focus is going to be on Soldier Field Sunday night as the Chicago Bears take on the Los Angeles Rams for the NFC Divisional Round of the NFL Playoffs.
Before the game, the Blackhawks honored their three Stanley Cup champion teams from the 2010s, with 29 players from those squads returning to pose with the Cup.
Tre Singleton added 14 points as the Wildcats dropped their fifth straight.
David Mirkovic and Tomislav Ivisic each scored 10 points, all in the second half, for the Illini (15-3, 6-1 Big Ten), who won their seventh straight.
Nico Hoerner made it claer he wants to stay with the Cubs, despite his name being batted around in ongoing trade rumors.
Chicago police have issued a community alert on a string of burglaries this week targeting businesses from the north lakefront to the Southwest Side.
Burglars broke into a bar in Chicago's Rogers Park neighborhood early Thursday morning.
A teen stood charged Thursday with shooting a young woman in the mouth in Chicago's South Shore neighborhood earlier this week.
A man is dead, and two others were injured after a shooting in Chicago's Morgan Park neighborhood.
Federal prosecutors announced Wednesday that they have charged a registered nurse to giving counterfeit Ozempic to patients in Chicago.
