President Trump puts one month pause on auto tariffs
Trump is pushing Ford, General Motors, and Stallantis to shift all production to the U.S. as early fallout builds from his new 25% tariff on Canada and Mexico plus 20% on goods from China.
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Trump is pushing Ford, General Motors, and Stallantis to shift all production to the U.S. as early fallout builds from his new 25% tariff on Canada and Mexico plus 20% on goods from China.
As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
From produce to gasoline to electronics, CBS MoneyWatch correspondent Kelly O’Grady looks at what products might get more expensive for American consumers after President Trump imposed tariffs on all goods imported from Canada and Mexico, and increased existing tariffs on imports from China.
The United States imposed 25% tariffs on nearly all goods imported from Mexico and Canada on Tuesday, as well as an additional 10% tariffs on imports from China on top of those already in place, bringing them to 20%. All three nations plan to retaliate with their own tariffs on the U.S.
President Trump said he plans to impose tariffs on Canada and Mexico starting next week, while also doubling existing tariffs on China. Meantime, the president also is doubling down on his Department of Government Efficiency’s bid to slash federal spending and chop the workforce.
The South China Morning Post reports hundreds of people are flocking to a funeral home in southeast China just to try to the noodles — and are pretending to be part of funeral parties to do it, as the funeral home is not a restaurant.
A designer snapped a picture in his hometown of Yichang, and found the mountain looked like a puppy’s posture while looking for fish.
The Trump administration and cybersecurity experts also have raised concerns that DeepSeek's technology could be a national security threat to the U.S.
The USPS halted an order to suspend incoming packages from China that threatened to severely disrupt trade between the two major economies.
America is on the verge of an international trade war after President Donald Trump signed an order imposing 25% tariffs on Canadian and Mexican neighbors and an additional 10% levy on goods from China.
President Trump said Sunday night that a European tariff is likely next, and that Americans could feel some pain with all this. This comes as the stock market set to open down sharply on news that these massive tariffs on our largest trading partners kick in Tuesday. Political Reporter Chris Tye reports.
Mexico and Canada are set to face 25% tariffs — with the exception of Canadian energy at 10% — while China will face 10% tariffs. As Andrew Ramos reports, Canadian Prime Minister Justin Trudeau has already retaliated.
Canada responded hours later with retaliatory tariffs of its own, while Mexico said it was also planning to issue tariffs on the U.S. as well. China's commerce secretary said that China would challenge the tariffs through the World Trade Organization, according to Reuters, claiming that the move "seriously violates" WTO rules.
Gas Buddy experts say a 25% tariff on Canadian imports could add 30 to 40 cents a gallon at the pump.
President Trump will enact 25% tariffs on imports from Mexico and Canada starting Feb. 1, as well as a 10% tariff on imports from China, according to White House spokeswoman Karoline Leavitt
Lunar New Year is the most important holiday in China and many other Asian communities.
The three Americans are Mark Swidan, Kai Li, and John Leung. The swap follows extensive diplomacy.
The president-elect is threatening to use tariffs as a way to help stop the flow of migrants and illegal drugs into the United States. Natalie Brand reports.
Police say 35 people were killed in Zhuhai, China, when a driver rammed his car into a crowded sports center a day before the city hosts a military air show.
The event at the Jiuquan Satellite Launch Center was held on Wednesday in northwest China.
Two international superstars are now in the U.S. Two giant pandas named Bao Li and Qing Bao arrived at the National Zoo in Washington, D.C., from China on Tuesday.
A 13-year-old YouTube video of an iPhone exploding went viral in recent weeks there.
CBS News fact checked the biggest claims made by Tim Walz and JD Vance during the vice presidential debate.
Under Xi Jinping’s presidency, China has bolstered its nuclear capabilities and revamped the people's liberation army's rocket force.
