"De minimis" U.S. tariffs exemption ends for low-value imports
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
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An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Americans are reining in their spending at fast-food restaurants as they continue to face economic uncertainty.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
According to the U.S. Department of Agriculture, U.S. seafood imports have increased almost every year from 1995 through 2023.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
New tariffs, including a 50% rate on Brazilian imports, are now in effect worldwide, marking the largest shift to the global economy in nearly a century and raising concerns about inflation despite record U.S. tax revenue.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
Trade experts say the Trump administration's barrage of new tariffs could raise prices for consumers and cause headaches for businesses.
The Trump administration is poised to hit dozens of nations around the world with higher tariffs starting next week.
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
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%.
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.
One of the highest tariffs threatened by President Trump so far is against Brazil, with the president citing a criminal prosecution against Jair Bolsonaro.
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
Two Brothers to the Rescue airplanes were shot out of the sky by Cuban MiGs 30 years ago on Feb. 24, 1996.
Some GOP members of the Senate Appropriations Committee argued that the proposal would put vulnerable children at risk and bring back previously eradicated diseases.
Six in 10 employers want workers with AI skills, but few are offering higher base pay or bonuses for the know-how.
Food festivals are changing, and social media is playing a huge part in it, with the SOBE Wine and Food Festival this year showcasing the impact.
President Trump is expected to tout his administration's economic record in his State of the Union address, even as affordability remains front and center.
Two Brothers to the Rescue airplanes were shot out of the sky by Cuban MiGs 30 years ago on Feb. 24, 1996.
Some GOP members of the Senate Appropriations Committee argued that the proposal would put vulnerable children at risk and bring back previously eradicated diseases.
Six in 10 employers want workers with AI skills, but few are offering higher base pay or bonuses for the know-how.
Food festivals are changing, and social media is playing a huge part in it, with the SOBE Wine and Food Festival this year showcasing the impact.
President Trump is expected to tout his administration's economic record in his State of the Union address, even as affordability remains front and center.
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.
A grand jury refused to return an indictment against the six Democratic lawmakers earlier this month.
Dozens of Democrats are boycotting the State of the Union on Tuesday, as many opt to hold nearby counterprogramming rather than signs of protests like those seen within the House chamber in recent years.
The highest-ranking officials in Washington will be present for President Trump's State of the Union address Tuesday night — here's what to know about where they're sitting.
Some House Republicans have rebuked Mr. Trump on tariffs, war powers and the Epstein files, and defections could grow as the midterms approach.
President Trump will deliver the 2026 State of the Union address before a joint session of Congress tonight. Here's when it will take place, and how and where to watch.
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.
Alyssa Alhadeff and Alex Schachter were murdered eight years ago at Marjory Stoneman Douglas High School. Now, their parents are championing legislation to ensure that the tragedy never happens again.
As the partial government shutdown gets underway, Moskowitz argued that ICE should be reformed.
Alexander Vindman spoke to CBS Miami's Jim DeFede on Sunday's Facing South Florida now that he is running for U.S. Senate in Florida.
The bill by State Rep. David Borrero would order a study on moving Miami-Dade's Urban Development Boundary (UDB) line and eliminating longstanding safeguards designed to protect the Everglades, requiring any project outside the UDB to receive a two-thirds vote of the County Commission.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
In a new study that could have significant implications for future Alzheimer's treatment, researchers at the University of Miami have successfully figured out how to combat one of the early signs of the neurodegenerative disease.
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
The House's Health Care Facilities & Systems Subcommittee approved the bill which also changes multiple laws and restrictions involving nursing homes, dental hygienists, and registered nurses.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
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.
Food festivals are changing, and social media is playing a huge part in it, with the SOBE Wine and Food Festival this year showcasing the impact.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
Barry Manilow announced Friday he needs to reschedule several more concerts as he continues to recover following surgery after he was diagnosed with lung cancer.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
Hilary Duff opens up about taking the stage for the first time in 10 years, addresses fan rumors about her single "Mature," and shares deeply personal lyrics about her sister, Haylie, in a "CBS Mornings" interview.