Trump says 80% tariff on China "seems right" ahead of trade talks
President Trump opened the door to lowering tariffs on China as U.S. and Chinese officials prepare to meet this weekend.
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President Trump opened the door to lowering tariffs on China as U.S. and Chinese officials prepare to meet this weekend.
A sharp drop in Chinese imports could lead to shortages of the following U.S. consumer products, one analysis shows.
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.
