Tariffs will drive up U.S. prices even with Trump trade deals, experts say
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
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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.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
The owner of an Oklahoma maker of guitar pedals has had to get creative to absorb higher import costs.
President Trump said he'll let Canada know what their tariff rate on exports to the U.S. will be soon.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."
Employers across the U.S. added 139,000 jobs in May while the nation's unemployment rate remained at 4.2%, new data shows.
The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.
President Trump spoke to Chinese President Xi Jinping on Thursday amid an ongoing dispute over a temporary deal to ease the escalation of tariffs.
Natalie Brand reports President Trump's new 50 percent tariffs on steel and aluminum took effect overnight, with trade groups sounding the alarm about the potential impact to consumers.
The U.S. Court of International Trade blocked Trump's 10% tariff assessed on nearly every U.S. trading partner and duties on imports from Mexico, Canada and China.
A federal court on Wednesday blocked most of the sweeping tariffs imposed by President Trump.
Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.
President Donald Trump warned Friday he’ll impose a 25% tariff on iPhones not made in the U.S. and suggested other tech companies like Samsung could also face tariffs, despite Apple’s pledge to invest $500 billion in domestic operations.
eBay has agreed to pay a large settlement after a Massachusetts couple was the victim of a bizarre harassment campaign.
Tuesday marked the first time since two convicted murderers were executed on a single day — in Arkansas in 2017 — that a state has planned virtually back-to-back executions.
Thursday is expected to be a scorcher across South Florida and will likely be the warmest day of the week.
Police said they found a man in a vehicle suffering from multiple gunshot wounds.
Ananya Patel is sharing survivors' stories to raise awareness about human trafficking and help others recognize the warning signs.
eBay has agreed to pay a large settlement after a Massachusetts couple was the victim of a bizarre harassment campaign.
Tuesday marked the first time since two convicted murderers were executed on a single day — in Arkansas in 2017 — that a state has planned virtually back-to-back executions.
Thursday is expected to be a scorcher across South Florida and will likely be the warmest day of the week.
CBS Miami is hosting a The Price Is Right contestant search at Toyota of Hollywood on Aug. 28.
Police said they found a man in a vehicle suffering from multiple gunshot wounds.
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 federal judge ordered U.S. immigration authorities to release a key witness in the fatal shooting of a Mexican homebuilder by a U.S. Immigration and Customs Enforcement officer in Houston.
President Trump is delivering a eulogy for Sen. Lindsey Graham, his one-time opponent for the presidency and later, his close ally.
Republican Sen. Rand Paul released more than a thousand pages of journal entries from Dr. Anthony Fauci, teeing up what is likely to be a contentious hearing on Wednesday.
A federal appeals court has upheld a judge's ruling that halted President Trump's efforts to create a federal voter list and limit who can receive a mail ballot.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
As Florida attorney general, it was Moody and her office that approved the diversion of $10 million of taxpayer money to the Hope Florida Foundation
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
Larkin spoke this week to CBS News Miami's Jim DeFede.
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Dotie Joseph said after talking with neighbors and looking at the field, she thinks she has plenty of experience to assume the governorship.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
The case accuses OpenAI of practicing medicine without a license and failing to safeguard users seeking health advice.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
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.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Tenisha Warner sat down for an exclusive interview with "CBS Mornings" before a lawsuit over her late husband's estate became public, and discussed her grief and raising her daughter alone.
A lawyer says influencer brothers Andrew and Tristan Tate will fight extradition to the United Kingdom.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.