Stocks shudder again as China strikes back against Trump tariffs
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
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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.
As President Trump's 25% tariff on all imported vehicles kicked in overnight, it's expected that new cars are going to rise in price even more.
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
President Trump will impose 25% tariffs on all imported vehicles and auto parts starting April 3. Sam Darwich, owner of Northwestern Auto Repair in Farmington Hills, Michigan, joins CBS News to discuss how the tariffs could impact his business.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
These automakers are the most and least exposed to President Trump's sweeping tariffs on automobiles.
Most Americans say the matter of Trump administration officials discussing U.S. military plans on the Signal app is serious.
Airlines are seeing lower demand from Canadians looking to travel to the U.S. amid a brewing U.S.-Canada trade war.
President Trump's newly announced 25% tariffs on all vehicles and auto parts imported into the U.S. is set to take effect April 2.
Billboards such as those spotted in the Metro Detroit area this week read, "Tariffs are a tax on your grocery bill."
Reaction to Trump's 25% auto tariffs include neighbors who insist "there shouldn't be any tariffs," to adversaries who say nobody will win a trade war.
A 25% tariff on imported vehicles and vehicle parts from Canada and Mexico is set to take effect on April 2.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
In a focus group conducted by Axios in Michigan, some battleground state voters expressed second thoughts about supporting President Trump in the 2024 election. Political strategists Meghan Hays and Maura Gillespie join "America Decides" with analysis.
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.
It's been a roller coaster ride day after President Trump initially announced plans to increase tariffs on steel and aluminum products from Canada to 50%.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
Experts say you could save thousands of dollars by buying a car now, versus later in 2025 if tariffs are enacted.
Michigan is reviving an iconic red, white and blue license plate in celebration of America's 250th birthday in 2026.
A Holly man has been charged with murder and other criminal offenses after his mother was found dead in their home.
An investigation into the case of a Michigan man who contracted rabies after an organ transplant provided more details on the infection's origin.
Prosecutors have charged Tyler Robinson with aggravated murder in the Sept. 10 shooting of conservative activist Charlie Kirk. They plan to seek the death penalty.
The Senate is set to vote Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Former University of Michigan football coach Sherrone Moore was detained by police on Wednesday, hours after he was terminated from his position, a source told CBS News Detroit.
Michigan is reviving an iconic red, white and blue license plate in celebration of America's 250th birthday in 2026.
There's another setback for residents of Leland House in Detroit after authorities say winter weather caused a power outage, leading to an emergency evacuation.
The university appointed Biff Poggi as the interim head coach.
A Holly man has been charged with murder and other criminal offenses after his mother was found dead in their home.
Slower adoption of electric vehicles was cited as the reason for pending layoffs at GM's Factory Zero.
Yanfeng will close its Romulus production facility, located at 9800 Inkster Road.
In Metro Detroit, drivers are paying about $3.06 per gallon, which is 1 cent more than last week but 3 cents less than at the same time a year ago.
Most of the intersections and roundabouts that made the 2024 list are in Southeast Michigan.
Avancez said a change in customer orders will result in layoffs during December at its Hazel Park location.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The nominations for the 2026 Golden Globes have been announced. Here are the nominees.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Prosecutors have charged Tyler Robinson with aggravated murder in the Sept. 10 shooting of conservative activist Charlie Kirk. They plan to seek the death penalty.
The Senate is set to vote Thursday on competing measures to lower health care costs, but both parties' bills are expected to fail. Follow live updates here.
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
Arrests across the U.S. have dropped by 25% compared to the onset of the pandemic in 2019, an analysis by the Council on Criminal Justice released Tuesday found.
Here are the top 20 largest Powerball and Mega Millions jackpots in history, and the odds of winning them.
An investigation into the case of a Michigan man who contracted rabies after an organ transplant provided more details on the infection's origin.
Many people living with MS are limited from taking nature walks shown to improve mental health, so Hala Darwish is bringing Mother Nature to them.
Legionella bacteria were found through water testing in the building late Thursday after an employee was diagnosed with Legionnaires' disease.
The new guidelines are effective at all DMC locations, including the Children's Hospital of Michigan.
The sheriff's office says closure for Building 38E is effective Friday through the weekend.
Former University of Michigan football coach Sherrone Moore was booked into jail on Wednesday, just hours after he was fired.
The University of Michigan appointed Biff Poggi as interim head coach after Sherrone Moore was terminated.
A.J. Hinch has mastered the art of smiling and sidestepping the one question he keeps hearing at the MLB winter meetings.
John Gibson made 39 saves for his first NHL shutout in nearly three years, and the Detroit Red Wings beat the Vancouver Canucks 4-0.
The parent of a Monroe, Michigan, student-athlete has filed a Title IX complaint over a transgender student from another school competing in a girls' volleyball game and tournament.
The Detroit show will attract hundreds of thousands to the area as automakers, tech companies and more gravitate to downtown Detroit.
This week on Michigan Matters, Carol Cain speaks with retail owners and entrepreneurs ahead of the holiday season.
Hundreds of thousands will line up along Woodward Avenue for America's Thanksgiving Parade in Detroit.
This week's roundtable discusses the economic outlook as the critical fourth quarter of 2025 plays out.
Detroit City Council President Mary Sheffield was overwhelmingly elected as mayor.
Overall drier conditions today but with colder temperatures. NEXT Weather Meteorologist Karen Carter tells us if we'll have any relief from the cold temps.
Former vice president and 2024 Democratic presidential candidate Kamala Harris will speak in Detroit Feb. 27 as part of her book tour.
The U.S. has seized a large oil tanker off the coast of Venezuela, officials said Wednesday, escalating tensions between the two countries.
Detroit police say a girl in her late teens was shot and killed, in a man in his 20s was wounded, in the aftermath of a shooting that remains under investigation.
The Detroit Lions head west this weekend to face former Lions quarterback Matthew Stafford and the Los Angeles Rams.