China says it's open to talks as Trump pauses tariffs on other nations
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."
Watch CBS News
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."
Less than 24 hours after his tariffs kicked in, President Trump placed a 90-day pause on nearly all tariffs. The move sent stocks soaring, with the Dow skyrocketing more than 2900 points.
President Trump’s latest move prompted yet another historic day on Wall Street. Erica Brown reports.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
Illinois is one of the largest exporting states in the U.S. doing business with China, and tariffs could have deep and wide-ranging effects on Illinois industry.
Illinois is the second largest importer of Chinese goods in the country, and if the trade war lingers and tariffs soar as advertised, the cost of things — and thousands of jobs — are on the line. Political Reporter Chris Tye reports.
Illinois is one of the largest exporting states in the U.S. doing business with China, and tariffs could have deep and wide-ranging effects on Illinois industry.
Illinois leaders want farmers and agricultural workers to know they have their backs when it comes to selling their good around the world, even amid President Donald Trump's escalating trade war.
Illinois leaders want farmers and agricultural workers to know they have their backs when it comes to selling their good around the world, even amid President Donald Trump's escalating trade war.
At a time when foreign leaders and business executives are desperate for clarity, the White House is sending mixed messages as it pursues conflicting goals.
Undeterred by a panicked stock market, President Donald Trump threatened additional tariffs on China on Monday, raising fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war.
President Trump and Israeli Prime Minister Benjamin Netanyahu met two days before new U.S. tariffs go into effect.
As the stock market continues to plunge following President Trump's newest announced tariffs, many Americans are seeing their retirement savings, particularly in 401(k) plans, take a hit.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.
The sweeping tariffs on goods from countries around the world set off the worst two-day Wall Street sell-off in five years.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
President Trump is playing golf and getting ready for a new week after a busy one that brought new global tariffs and a fierce stock market reaction.
Stocks suffered their worst crisis since COVID in March 2020, as the Dow Jones plunged more than 2,200 points on Friday, over concerns about the fallout from President Trump’s tariffs. The NASDAQ and S&P lost nearly 6 percent. Posting on social media as he went golfing, the president called this “a great time to get rich.” But in a rare move, President Trump is calling on the Federal Reserve to cut interest rates. Fed chairman Jerome Powell warned on Friday that tariffs could do long-term harm to the economy.
As Jarred Hill reports, the White House continues to promise the long-term gain will be worth it.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
It is not yet known how much more consumers will pay for nearly everything they buy.
It is not yet known how much more consumers will pay for nearly everything they buy. Jermont Terry reports from Abt Electronics in Glenview, where consumers are left what the tariffs will mean for their purchases in the future.
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.
