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CEO Hubert Joly said that he is working directly with the Trump administration to minimize the impact new tariffs could have on U.S. shoppers, and plans to continue to do so when he steps down as CEO next month and becomes executive chairman of the company's board.
The two companies announced the agreement as part of a broader array of services they are providing to small business. Over time, the companies intend to help U.S. small businesses sell their products to buyers around the world through Alibaba.com.
The U.S. and China will continue to try to hash out trade differences next week in Washington after two days of talks wrapped up Friday in Beijing. But ongoing trade tensions have damaged U.S. farmers to a degree that they are pulling back on investing in heavy equipment.
Companies have been voicing concerns over a looming trade war between China and the U.S. as both countries have been threatening tariffs against one another.
Ji Chaoqun is accused of acting as an "illegal agent" at the direction of a "high-level intelligence officer" of a provincial department of the Ministry of State Security.
"I hate to do this, but behind that there is another $267 billion ready to go on short notice if I want."
Oreo has just rolled out two new head-turning flavors, but you'll need your passport and a plane ticket to China to try them.
American, the world's largest carrier, said it will end Chicago-Shanghai service in October.
A number of American companies already sell products on Alibaba's Taobao and Tmall websites. US supermarket leader Kroger just set up shop on Tmall.
Lobsters are among the seafood and other U.S. goods hit by Chinese tariffs in early July.
Republican backlash is growing against President Trump's $12 billion plan to help American farmers feeling the pain of the escalating trade war.
"I fully support my president, but it's tough to defend it."
Farmers are already suffering from lower corn and soybean prices due to tariffs that curtailed exports to China.
Tesla is among companies hit by additional 25 percent import duties imposed by Beijing in retaliation for a tariff hike.
The current China-U.S. tit-for-tat comes on top of U.S. steel and aluminum tariffs on imports from allies including the EU, Canada and Mexico.
While in China, Emanuel will visit the Chinese company that has a $1.3 billion contract to build CTA train cars at a factory in the Hegewisch neighborhood of Chicago.
Dozens of the area's top business leaders and politicians will make their way to China Monday.
After midnight Eastern Time on Friday, the U.S. imposed tariffs on $34 billion worth of Chinese goods, and now the cheese industry is caught in the crossfire of U.S. trade disputes with other countries.
President Donald Trump just raised the stakes in the fight with China over trade.
President Donald Trump's tariffs on Chinese goods are intended to help American companies that have been hurt by Beijing's industrial policies. But in the short term, at least, many American businesses may be the ones feeling pain.
The administration also threatened to impose more tariffs should China retaliate — and China has already indicated it would.
"We're in a very uncertain period, and uncertainty is not good for investment."
The decision comes after top administration officials have tried to dampen fears of a trade war.
Other countries around the world, including Germany, France and the United Kingdom, also have said they would like to keep the original deal, known as the Joint Comprehensive Plan of Action (JCPoA), in place.
Iran's Supreme Leader Ali Khamenei on Wednesday blasted Mr. Trump's speech as "silly and superficial," saying it contained at least 10 lies.
It is unclear how the fire started and whether there were any displacements.
Six Flags Great America in Gurnee is celebrating its 50th birthday this year, and after half a century it's still bringing joy to countless people in the Chicago area.
The Tinley Park Country Music fest was hugely delayed and somewhat damaged by strong storms on Friday.
A Park Ridge daycare worker has been arrested and charged for striking a child, police said.
Nathan Church and Masyn Winn hit three-run homers and the St. Louis Cardinals had 17 hits overall to beat the Chicago Cubs 17-1.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
Illinois House Speaker Emanuel "Chris" Welch is making moves to remove state Rep. Harry Benton (D-Plainfield) from office.
Special Agent-in-Charge Douglas DePodesta, who has led FBI Chicago for the past three years, is leaving his post on July 6.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Renowned singer-songwriter and Chicago-area native John Prine will be honored with a mural at the Old Town School of Folk Music in the Lincoln Square community.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
Taylor Swift and Travis Kelce's wedding plans include a rehearsal dinner and a late-night celebration at Madison Square Garden in New York City, according to sources familiar with the security planning.
Chicago rapper Twista has pleaded guilty to willfully failing to pay income taxes.
Fire officials said four people were taken to the hospital in good condition, and three others in fair condition. Twelve other people refused treatment.
A mostly cloudy forecast for the Fourth of July Saturday, with afternoon and evening thunderstorms likely. Highs in the upper 80s.
Six Flags Great America in Gurnee is celebrating its 50th birthday this year, and after half a century it's still bringing joy to countless people in the Chicago area.
The Tinley Park Country Music fest was hugely delayed and somewhat damaged by strong storms on Friday.
It's official: Taylor Swift and Travis Kelce are married. They wed in a ceremony officiated by Adam Sandler in Madison Square Garden.
Two Chicago police officers were shot on the city's South Side Friday evening during a struggle after a traffic stop. The driver was also shot and critically injured.
Another round of thunderstorms is approaching, prompting a Severe Thunderstorm Watch for the entire Chicago area into the overnight hours.
Three children died on Geneva Lake in Wisconsin after a boat capsized during a severe storm Friday, Lake Geneva police said.
Multiple Fourth of July fireworks displays planned for Friday night in the Chicago area have been canceled or rescheduled because of strong thunderstorms moving through the area.
It is unclear how the fire started and whether there were any displacements.
About 13,000 people were treated in emergency rooms for fireworks-related injuries in 2025, and with America's 250 birthday celebration about to start, doctors worry even more people could get hurt this year.
A new AI-powered tool being used by some police departments claims to turn a shell casing into an investigative lead in under 24 minutes.
University of Illinois - Chicago scientists took their lab work to the streets of the South Side during this week's heat wave, checking on tree cover and tree health in some of Chicago's more vulnerable neighborhoods.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
An Uber driver who was assaulted during a ride said he begged Chicago police officers not once but twice for help, but was left to fend for himself.
Nathan Church and Masyn Winn hit three-run homers and the St. Louis Cardinals had 17 hits overall to beat the Chicago Cubs 17-1.
Brayan Rocchio hit a two-run homer in the bottom of the ninth inning that gave the Cleveland Guardians a 6-5 victory over the Chicago White Sox in the opener of a four-game series between the top two teams in the AL Central.
The Cubs (49-38) have won five straight after sweeping the Padres (43-42), who have lost five in a row.
Dean Kremer pitched six impressive innings in his return from a quad injury, and the Baltimore Orioles avoided a sweep Wednesday with a 6-1 victory over the Chicago White Sox.
Alex Bregman, Michael Busch and Pete Crow-Armstrong added homers to help the Cubs win for the 10th time in 12 games.
Chicago police are looking for three men who targeted four businesses in Bridgeport and Bronzeville overnight, on the hunt for ATMs and cash registers.
Two people are dead, and one is injured after a shooting at Fairlane Town Center in Dearborn, Michigan, on Friday.
A man was ordered detained Thursday after the shooting death of an employee at an Amazon Fulfillment Center in Matteson, Illinois, earlier this week.
A man is charged for sexually assaulting a woman while she was jogging on the 606 Trail in Chicago's Logan Square neighborhood over the weekend.
Burglars crashed a sport-utility vehicle into a convenience store in Chicago's Loop early Thursday morning.
