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.
Natalie Brand reports the Trump administration is trying to finalize deals with trading partners before a current pause on reciprocal tariffs runs out in July.
China has denied President Trump's assertion that the two sides were involved in active negotiations over tariffs.
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
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."
"Small consumables, electronics, car parts. They will go up in price considerably."
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.
CBS News Miami's Joan Murray reports on the impact of tariffs and what it will mean for your wallet.
The U.S. will impose a 104% tariff on imports from China starting on Wednesday, according to White House officials.
A spokesperson for China's foreign ministry hit back at Vice President JD Vance after Vance referred multiple times to "Chinese peasants" in a Fox News interview.
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
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.
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.
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.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
Director of National Intelligence Tulsi Gabbard and CIA director John Ratcliffe testified in a Senate Intelligence hearing that was pre-scheduled to deal with global threats.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna Coren reports from Beijing with the latest.
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."
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.
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden.
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.
Dr. Albert Williams, an associate professor of finance and economics at Nova Southeastern University, says tariffs are generally not good for an economy and will probably ended up being a lose-lose situation
Chadwick Willacy, 58, is scheduled to be executed by lethal injection at Florida State Prison on April 21, the sixth warrant DeSantis has signed this year.
According to an arrest form, detectives went to the apartment and saw Maria Otero, 42, walking inside with a patient who was wearing a black robe and compression socks.
The measure, which the governor is expected to sign, is set to go into effect in January 2027, after the midterm elections.
The measure, in part, restricts government contracts with entities in China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria --- nations listed by Florida as foreign countries of concern --- and prohibits public officials and employees from accepting gifts from those countries.
Surveillance video shows the driver did not slow down or stop after hitting Antonio Sanchez, 62, who later died at the hospital, according to authorities.
Chadwick Willacy, 58, is scheduled to be executed by lethal injection at Florida State Prison on April 21, the sixth warrant DeSantis has signed this year.
According to an arrest form, detectives went to the apartment and saw Maria Otero, 42, walking inside with a patient who was wearing a black robe and compression socks.
The measure, which the governor is expected to sign, is set to go into effect in January 2027, after the midterm elections.
The measure, in part, restricts government contracts with entities in China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria --- nations listed by Florida as foreign countries of concern --- and prohibits public officials and employees from accepting gifts from those countries.
Surveillance video shows the driver did not slow down or stop after hitting Antonio Sanchez, 62, who later died at the hospital, according to authorities.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The Kennedy Center is set to close for two years on July 4.
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
President Trump said Friday that the U.S. military had conducted "one of the most power bombing raids" on Iran's Kharg Island, a vital oil hub for the country.
The Trump administration has launched investigations into dozens of countries accused of failing to crack down on forced labor, flexing a law that lets the federal government impose tariffs.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
Frank Mora noted that the Trump Administration does not want the total collapse of the Cuban government because it could prompt an exodus of refugees from the island to the United States.
Any change to the property tax system would have to be approved by voters in November, and it seemed unlikely the House plan was going to be approved by the Senate.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.