Tariff deadlines and interest rates
CBS News has this report on Washington headlines, including a tariff decision deadline.
Watch CBS News
CBS News has this report on Washington headlines, including a tariff decision deadline.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
President Trump announced Sunday that the United States and the European Union had reached a trade deal after meetings in Scotland. CBS News’ Weijia Jiang explains.
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
That's down from the 25% levies he proposed earlier this month. Japan's prime minister says duties on autos from his nation will be cut to 15% from 25%.
Detroit Axle cites disruptions in its supply chain resulting from changes in U.S. import tariff policy when announcing the warehouse closure.
Stellantis is warning of nearly $3 billion in losses for the first half of 2025, due to tariffs and other reasons.
Americans are starting back-to-school shopping earlier this year out of concern over tariffs, according to a new study.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Fresh tomatoes from Mexico — which supplies about 70% of the U.S. tomato market — will face a 17.09% duty.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
Canada — one of the U.S.'s largest trading partners — will face 35% tariffs, President Trump said Thursday.
President Trump is threatening to make U.S. businesses pay a 50% tariff on certain import goods. Items imported from several other countries may also face a 20% to 30% tariff rate hike.
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
President Trump is preparing to send letters to dozens of countries regarding the latest tariffs on imported goods to the U.S.
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
The U.S. trade war with China has sharply curbed fireworks imports. "The timing of the tariffs couldn't have hit at a worse time," one industry rep says.
Canadian Prime Minister Carney says U.S.-Canada trade talks are resuming Canada rescinded its plan to tax U.S. technology firms, a plan President Trump blasted.
President Trump said he'll let Canada know what their tariff rate on exports to the U.S. will be soon.
With Cooper Schoenberg and Carter Lutz's respective schools, Indiana and Miami, playing on Monday for the College Football Playoff title, it is putting that bond to the test.
The story of Gerber began nearly a century ago in Michigan. The company now reaches families in 80 countries.
U.S. Secretary of Transportation Sean Duffy, who stopped at the Detroit Auto Show, claimed that efforts by the administration to reverse the Biden-era electric vehicle policies will make cars more affordable again, including rolling back fuel efficiency standards.
Detroit is feeling more like the Arctic this week which makes being without stable housing even more difficult.
The Lions are set to hire Arizona Cardinals' offensive coordinator Drew Petzing as Detroit's next OC, a source told CBS Sports.
More than 100 cars were involved in a pileup on I-196 in Zeeland Township on Monday morning in West Michigan.
Gusty winds and blowing snow will impact travel before dangerously cold windchills move in.
The Michigan Occupational Safety & Health Administration said there were at least 43 workplace fatalities in the state last year.
With Cooper Schoenberg and Carter Lutz's respective schools, Indiana and Miami, playing on Monday for the College Football Playoff title, it is putting that bond to the test.
The story of Gerber began nearly a century ago in Michigan. The company now reaches families in 80 countries.
U.S. Secretary of Transportation Sean Duffy, who stopped at the Detroit Auto Show, claimed that efforts by the administration to reverse the Biden-era electric vehicle policies will make cars more affordable again, including rolling back fuel efficiency standards.
On average, drivers in the state are paying $2.96 per gallon for regular unleaded fuel.
The 2026 Detroit Auto Show opened to the public on Saturday. Some people at the show think the Trump administration is doing a good job of making cars more affordable. Others disagree.
The Detroit Auto Show's Charity Preview is Friday night, and CBS News Detroit is taking you there.
The North American International Auto Show in Detroit once dedicated an entire track on its coveted show floor to getting consumers comfortable with electric vehicles and charging.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
Most stores on Monday are open during their regular business hours on Martin Luther King Jr. Day, with a few exceptions.
A U.S. defense official confirmed some 1,500 active-duty soldiers, currently stationed in Alaska, are on standby for possible deployment to Minneapolis amid the city's protests.
DHS Secretary Kristi Noem defended ongoing immigration operations in Minnesota, and said a federal judge's order limiting the tactics federal agents can use "didn't change anything."
Officials in Oakland County, Michigan, say they will establish a committee in an effort to strengthen long-term water safety after Legionella bacteria were detected at two different area facilities last month.
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
The U.S. House of Representatives approved Thursday a three-year extension of subsidies for the Affordable Care Act.
Michigan health officials say only 23% of Michigan residents have received this year's influenza vaccine.
The CDC took six previously routine vaccinations off its recommendation list, but Michigan health officials suggest parents consider those immunizations anyway.
With Cooper Schoenberg and Carter Lutz's respective schools, Indiana and Miami, playing on Monday for the College Football Playoff title, it is putting that bond to the test.
The Lions are set to hire Arizona Cardinals' offensive coordinator Drew Petzing as Detroit's next OC, a source told CBS Sports.
Alex DeBrincat scored 36 seconds into overtime to give the surging Detroit Red Wings a 4-3 win over the Ottawa Senators.
From being treated like "cattle" as a young girl to sleeping in her car off a Polish highway, Allison Reed has taken a long, hard road to follow her Olympic ice dance dream.
Duncan Robinson and Cade Cunningham each scored 16 points in limited minutes as the Detroit Pistons routed the shorthanded Indiana Pacers 121-78 on Saturday night at Little Caesars Arena.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The focus is on health, as Dusty Mysen, a father of four from Oxford, diagnosed with pancreatic cancer several years ago, who underwent aggressive therapy, is now cancer-free five years later.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
Cooper Schoenberg and Carter Lutz, from Birmingham, Michigan, have been friends for as long as they can remember. The friends, who attend the University of Miami and Indiana University, respectively, are briefly rivals ahead of the College Football Playoff championship.
Wind chills will dive between -10 and -15 Tuesday morning before another clipper brings snow back by Wednesday morning.
In Fremont, Michigan, the Gerber factory skyline is more than an industrial landmark. For many families, it represents generations of work, pride and purpose.
President Trump is escalating his pressure campaigns to take control of Greenland, and the president's push is sparking intense backlash from some of the United States' closest allies.
U.S. Secretary of Transportation Sean Duffy, who stopped at the Detroit Auto Show, claimed that efforts by the administration to reverse the Biden-era electric vehicle policies will make cars more affordable again, including rolling back fuel efficiency standards.