Plunging U.S. imports from China could lead to shortages, experts warn
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
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The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
President Trump marked the rally in the battleground state of Michigan, and also made fresh news on tariffs Tuesday night. Erica Brown reports.
CBS travel editor Peter Greenberg joined Dana Kozlov.
Trump's ratings on economy are lower, but his deportation plan keeps majority support.
Shein and Temu starting raising prices Friday in anticipation of Trump tariffs scheduled to take effect next week.
This comes after the heads of two major retailers expressed their concerns about how the tariffs could impacted how you shop.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
The lawsuit said the policy put in place by President Trump has been subject to his "whims rather than the sound exercise of lawful authority."
Hong Kong announced it would immediately stop shipping packages to the U.S. in response to President Trump's tariffs.
It comes as the president's trade policy continues to unfold, with new questions about the tariff on some popular electronics from China, like iPhones.
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.
Meanwhile, President Trump posted on Truth Social Sunday that electronics would be subject to a previously announced 20% levy, contrary to an announcement on Friday that they would be spared from tariffs.
Meanwhile, President Trump has come under scrutiny for his week of tariff-related decisions, as many on Sunday morning talk shows continue to debate the economic sense of the tariff hikes and growing trade war with China. Cristian Benavides reports.
As the Trump administration continues itis battles on tariffs and immigration policy, the president traveled to Miami to attend a UFC fight along with Elon Musk and RFK Jr.
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.
Consumer sentiment fell sharply in April for the fourth straight month as the trade war fuels worries about inflation and employment.
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.
The CEO of Amazon said some prices on the e-commerce giant will likely go up due to Trump's tariffs and the trade war.
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%.
Cummings, chief of staff at Stanford Institute for Economic Policy Research, reacts to the happenings in the stock market and why people should care about what they’re seeing.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Up to five people were wounded in a mass shooting Thursday night on the South Side of Chicago.
Dozens of beluga whales are set to be relocated from the shuttered Canadian theme park to aquariums across the United States through an international emergency rescue effort, officials said.
A powerful ceremony on Thursday honored World War I veteran Renee Messelin, the first Black woman soldier to serve overseas for the U.S. military.
State Rep. Carol Ammons is charged with multiple counts of wire fraud, making false statements and conspiracy to obstruct justice. Her husband, Champaign County Clerk Aaron Ammons, is also accused of aiding in attempts to cover up the alleged crimes.
State Rep. Carol Ammons is charged with multiple counts of wire fraud, making false statements and conspiracy to obstruct justice. Her husband, Champaign County Clerk Aaron Ammons, is also accused of aiding in attempts to cover up the alleged crimes.
Mayor Brandon Johnson has yet to announce if he'll seek re-election next year, but a new poll reveals he faces a tough road ahead if he does run for another term.
Chicago Public Schools officials on Wednesday announced plans to lay off hundreds of teachers and other staff and impose five furlough days to help close a $732 million deficit for next school year.
Acting Attorney General Todd Blanche testified Wednesday before the Senate Judiciary Committee for his confirmation hearing to lead the Justice Department in a permanent capacity.
The Wisconsin Elections Commission found billionaire Elon Musk may have violated the state's election bribery law by offering $1 million checks to voters during an election last year.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
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.
Chicago just barely made the top 20 in the American College of Sports Medicine's 2026 ranking of the country's fittest cities.
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.
Illinois American Water and Aqua Illinois are both seeking rate increases that would raise monthly bills by as much as $28, while their parent companies seek regulatory approval to merge — a deal a consumer watchdog says would give one company control of nearly all regulated water customers in the state.
The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.
Chicago Soul Café opened Monday at 6248 S. St. Lawrence Ave.
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.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The 46th Taste of Chicago is cashless for the first time, accepting only credit cards, with a drone and fireworks show scheduled for approximately 9:15 p.m. Friday near Buckingham Fountain.
The Chicago Symphony Orchestra's summer home in Highland Park reopened after a $70 million gut renovation that redesigned the stage to reduce sound levels harmful to musicians.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Chief meteorologist Albert Ramon has the latest First Alert Weather forecast.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
President Trump delivered a White House address focused on election security, as he continues to insist — falsely — that the 2020 presidential election was stolen from him. Parts of his speech touched on allegations that China accessed U.S. voter data and tried to influence the 2020 election.
A man has died after he was pulled out of Lake Michigan near the Playpen north of Ohio Street beach on Thursday afternoon.
Up to five people were wounded in a mass shooting Thursday night on the South Side of Chicago.
Chicago officials closed all beaches and outdoor pools and canceled outdoor events as the air quality became hazardous midday.
Haze from Canadian wildfire smoke that has settled in Chicago on Thursday is directly connected to climate change, according to experts, who said days like this could be more problematic moving forward.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Up to five people were wounded in a mass shooting Thursday night on the South Side of Chicago.
Health professionals at Rush Medical Center say Thursday's air quality is expected to be unhealthy for everyone, as the particles from the wildfires will be high and dense.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
Haze from Canadian wildfire smoke that has settled in Chicago on Thursday is directly connected to climate change, according to experts, who said days like this could be more problematic moving forward.
A pair of jewelry importers have been charged in federal court in Chicago with smuggling millions of dollars in gold jewelry into the U.S. to avoid taxes, schemes uncovered by a federal task force that has surpassed $1 billion in recoveries and penalties over the past year.
Chicago is bracing for another heat wave, less than two weeks after the last one. This time, the heat comes with air quality concerns.
The university released what it's called a strategy statement about the impact it's already seeing artificial intelligence make on higher education and the legal profession.
Azura Stevens scored 18 of her 20 points in the first half, Sydney Taylor added 17 points, and the Chicago Sky beat the Seattle Storm 95-90 on Wednesday.
Dylan Cease struck out the side in the first inning, combining with 10 relievers on a three-hitter in a show of pitching dominance that led the American League to a 4-0 win over the National League in the All-Star Game.
The Cliburns are one of 10 sets of twins in MLB history to reach the major leagues.
Paige Bueckers had 22 points and 11 assists, Jessica Shepard added 19 points and 10 rebounds, and the Dallas Wings beat the Chicago Sky 96-91.
Chicago (50-45) swept the three-game series by outscoring the A's 24-2 after getting swept in three games against Boston.
Up to five people were wounded in a mass shooting Thursday night on the South Side of Chicago.
A judge could decide Wednesday if a man accused of shooting and killing Chicago police Officer John Bartholomew and critically wounding his partner is fit to represent himself at trial.
A woman was arrested in Round Lake Beach, Illinois, Tuesday and charged with the death of her newborn child nearly 25 years ago.
Burglars smashed into a gas station minimart in the south Chicago suburb of Calumet City, Illinois, early Monday.
Armed robbers held up a restaurant in Chicago's Roseland community early Monday morning, police said.
