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.
Watch CBS News
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."
The price of a wide array of products will likely soon be going up as a result of the tariffs — affecting everything from food to electronics.
President Trump's imposition of blanket 25% tariffs on all goods imported from Canada and Mexico took effect overnight. Charlie De Mar spoke with some Chicago business owners who are bracing for an impact.
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.
The tariffs mean the prices are of things like gas, cars, lumber and groceries are expected to go up within the next few weeks.
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.
Drivers say those inspections take several minutes each, causing up to three-hour delays.
The tariffs have been placed on hold after President Trump spoke to the leaders of our closest neighbors on the phone. Erica Brown reports.
While the tariffs on Mexico and Canada have been paused, there was still concern late Monday about what happens next month if the tariffs go ahead in a month.
President Trump is pausing tariffs targeting imports from Mexico and Canada for a month after the two countries agreed to beef up border security.
The tariffs in Canada and Mexico were paused Monday, but gas and lumber are two of the big commodities that would potentially be impacted if they go ahead. Megan Hickey reports.
President Trump's tariffs against Mexico and Canada have been paused, but there is concern about the effects in particular on the gas and lumber industries if they go ahead. Megan Hickey reports.
President Trump also said he spoke with Canada's Justin Trudeau Monday morning and will speak to him again, raising the possibility that a trade war may be avoided.
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
President Trump on Friday proposed significant new tariffs on multiple sectors of the economy.
The U.S. Marine Corps says it has sent around 500 of its members to the southern border as part of the Trump administration's efforts to crack down on immigration. They arrived on Thursday night near the border between San Diego and Tijuana, Mexico.
While on vacation in Tulum, Mexico, Lina Nassiri was recording herself jumping into the ocean with a waterproof iPhone case when her phone slipped from her hand. A lifeguard found it, but it kept recording while lost.
According to Chicago police, at least one person was killed and five others were injured in shootings this weekend.
A teen was shot by an air rifle during a prank in Joliet on Friday night.
Chicago police released for of a person who is wanted in a battery on a CTA Red Line train on Chicago's Near North Side.
Crash-and-grab burglars stole an ATM from a liquor store in Lincoln Park.
A man was shot and killed in the Greater Grand Crossing neighborhood.
Sheri Mecklenburg resigned from the Department of Justice this week, penning a scathing letter in which she said U.S. Attorney Andrew Boutros "personally directed" the Broadview 6 prosecution that she says ended her career.
The Chicago City Council deferred a full vote on the sale of the city's parking meters from one private company to another to their next full council meeting as they face an end-of-month deadline.
In a 6-3 decision, the Supreme Court sided with the Trump administration in its push to use a controversial database to review state voter rolls for potential noncitizens.
Democratic Sen. Tammy Duckworth of Illinois is demanding the Pentagon and Federal Aviation Administration reject President Trump's call to convert plans for a massive triumphal arch into a "top grade Military Complex."
With an unprecedented budget, ICE spent billions in a rush to expand its detention network, wasting millions in the process, the Government Accountability Office found.
Scammers are now impersonating the patient portal MyChart, using realistic-looking emails, texts, and websites to try to steal personal information and, in some cases, get malware on your computer.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
Nicor customers will get a break on their bills this fall after Illinois Attorney General Kwame Roul reached an agreement with the utility to cut $140 million from its requested rate hike.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Sixteen of the state's cases this year trace to an outbreak among people who were unvaccinated or had an unknown vaccination history. Health officials say the overall risk is very low but want residents to confirm they're protected.
The Chicago Department of Public Health on Wednesday launched its first "street psychiatry" teams, in an effort to provide mental health services to some of the city's most vulnerable people.
A new Illinois law lets terminally ill patients request a lethal prescription to end their lives, making the state the 13th in the U.S. — and the first in the Midwest — to permit it.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
A judge on Tuesday was expected to place two shuttered Chicago-area safety-net hospitals into receivership.
McDonald's said Wednesday it will spend $8.5 billion over the next decade to modernize its restaurants globally.
The future of Rate Field was back in the spotlight on Wednesday.
Plans for a new Chicago White Sox stadium in the South Loop have residents near the existing ballpark in Bridgeport concerned, not just because the team might be leaving, but also what might be coming nearby.
A new report from the University of Illinois Chicago said federal immigration enforcement led to $1.26 billion in unspent money at retail establishments and restaurants in Cook County.
Around 115 million domestic and international tourists visited Illinois last year, pushing visitor spending past $50 billion for the first time and generating more than $88 billion in total economic impact.
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
A Tennessee judge granted Dolly Parton's estate a temporary restraining order Wednesday against the late singer's nephew Bryan Seaver and his private security company.
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
Nike-owned Converse acknowledged that an ad for its Chuck Taylor sneaker is "deeply upsetting."
Two people are in custody after a 1-year-old girl was shot and critically injured inside an apartment on Chicago's South Side, a police source said.
The Shatterproof walk to end addiction is underway in Chicago's Lincoln Park neighborhood.
Pullman chef Dominique Leach, owner of Lexington Betty Smokehouse, is taking her talents to the Whisky Springs Fest.
How could a little boy live through unthinkable suffering all alone with nothing?
Crash-and-grab burglars stole an ATM from a liquor store in Lincoln Park.
Two people are in custody after a 1-year-old girl was shot and critically injured inside an apartment on Chicago's South Side, a police source said.
According to Chicago police, at least one person was killed and five others were injured in shootings this weekend.
A teen was shot by an air rifle during a prank in Joliet on Friday night.
Chicago police released for of a person who is wanted in a battery on a CTA Red Line train on Chicago's Near North Side.
Crash-and-grab burglars stole an ATM from a liquor store in Lincoln Park.
In 2024, an off-duty Chicago police officer shot and killed a dog that was being held by its owner. COPA and CPD Supt. Larry Snelling agreed the officer should be fired. But more than two years later, that hasn't happened.
Surging gas and diesel prices are putting the pinch on farmers with harvest season underway, and could drive grocery prices even further up.
Another business owned by a couple under investigation for mishandling bodies at funeral homes and crematories on the South Side and in the south suburbs was raided by law enforcement Thursday.
Crown Point native Chris Payne was arrested for the 2018 sexual assault of a woman, which he has adamantly claimed from the beginning that he had nothing to do with.
A Chicago nonprofit is suing its former president, accusing him of illegally diverting millions of dollars in charitable funds and jeopardizing the charity's future in fighting homelessness.
Munetaka Murakami homered twice to increase his season total to 35, and the playoff-bound Chicago White Sox beat the Colorado Rockies 6-1 as they tried to gain ground in the AL Central.
The Boston Red Sox beat the Chicago Cubs 2-0 Friday night to sweep a doubleheader.
Major League Baseball announced Saturday's game has been moved to the home of the Tampa Bay Rays.
The MLB Postseason begins on Tuesday, and anticipation is high across Chicago, with both the Cubs and White Sox making the playoffs in the same year for only the fourth time ever.
The Boston Red Sox rallied from a three-run deficit to beat the Chicago Cubs 4-3 in a doubleheader opener on Friday.
A Chicago violence interrupter is remembered for the difference he tried to make in his South Shore neighborhood. Courtney Harris worked to keep young people away from violence, but died in a shooting over the weekend.
Three men were wounded in a shooting on Thursday night outside a liquor store in the South Chicago neighborhood.
A sixth-grade teacher and basketball coach at a school in Island Lake, Illinois, was arrested Thursday on child pornography charges.
Boise police have identified a man known as the "Unknown Wanderer" who was found dead in a church in 1982, and revealed a possible link to the Chicago Tylenol murders.
A Mundelein, Illinois, high school teacher and volleyball coach appeared in court Wednesday morning on charges of making an unauthorized video recording of a minor.
