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.
Watch CBS News
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
The large turnout was a reflection of Nancy Metayer Bowen's impact, according to those who knew her well.
Residents at Silver Court Mobile Home Park were notified on March 11 that they must vacate the land by Sept. 30.
According to police, Zeeshan yelled slurs at a man after confirming he was Jewish.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
Rough seas and dangerous rip currents led to a high volume of beach rescues on Friday, with 29 people pulled from the water in Fort Lauderdale and another nine in Pompano Beach.
The large turnout was a reflection of Nancy Metayer Bowen's impact, according to those who knew her well.
Residents at Silver Court Mobile Home Park were notified on March 11 that they must vacate the land by Sept. 30.
According to police, Zeeshan yelled slurs at a man after confirming he was Jewish.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
Rough seas and dangerous rip currents led to a high volume of beach rescues on Friday, with 29 people pulled from the water in Fort Lauderdale and another nine in Pompano Beach.
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.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
The executive order is designed to increase the NCAA's control over college sports, and threatens to remove federal funding for colleges and universities that don't comply with NCAA rules.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
Archbishop Timothy Broglio, who heads the Catholic Archdiocese for the Military Services USA, told CBS' Ed O'Keefe that the war is likely not justified under the Just War Theory.
Emily Gregory describes the days following her upset victory in Tuesday's special election as "a little overwhelming, surreal, but exciting."
The Miami Center for Mental Health and Recovery, located at 2200 NW 7th Avenue, would be a first-of-its-kind facility that could make a difference in the lives of countless people.
Wasserman Schultz pushed back against the suggestion that the United States was led into this war by Israel and its leader, Benjamin Netanyahu.
In advance of the trial, CBS News Miami spoke to Miami Herald federal courts reporter Jay Weaver about what Rubio is expected to say when he takes the stand.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
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.
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 federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.