Dow dives on China trade fears
Investors are jittery as the Trump administration ratchets up the pressure on tariffs ahead of negotiations with China on Thursday.
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Investors are jittery as the Trump administration ratchets up the pressure on tariffs ahead of negotiations with China on Thursday.
A massive trade deal between the U.S. and China is in jeopardy. That could impact millions of Americans as President Trump threatens to double the tariffs on Chinese imports. Stocks fell with the news. Ben Tracy reports.
President Trump is threatening to raise tariffs on $200 billion worth of Chinese goods, rattling investors and causing the Dow to plunge. Melissa Amro, founder and owner of The Stock Swoosh, LLC, joined CBSN to talk about the possible impacts that these tariffs could have on the U.S. economy.
Doctors in China are testing out using electronic brain implants to treat drug addiction. Erika Kinetz, Shanghai correspondent for The Associated Press, joins CBSN AM with the story of the clinical trial's first patient.
"A pair of American siblings trapped in China are making a public plea for help. In a video you'll see only on ""CBS This Morning,"" Cynthia Liu describes the terrifying ordeal for her and her brother Victor. The two traveled to the country last year but have not been allowed to return home to the U.S. because of a so-called ""exit ban."" Margaret Brennan reports. "
American businesses and consumers will pay more for many Chinese imports after the U.S. increased tariffs on $200 billion worth of goods Thursday night. There is now a 25 percent tariff on Chinese products worth a total of $250 billion. The Trump administration raised tariffs in the middle of the trade talks that continue today in Washington. Weijia Jiang reports.
After the Trump administration raised the tariffs on $200 billion worth of goods, China says it is prepared to take countermeasures against U.S. exports. Elizabeth Palmer reports.
One trade group estimates the Trump administration's increased tariffs on Chinese goods could cost the average American family around $767 per year. CBS News business analyst Jill Schlesinger joined CBSN to discuss what products could be affected.
The stock market opened Friday following the Trump administration's increase in tariffs on Chinese goods. Senior columnist at Yahoo Finance, Rick Newman, joined CBSN to discuss how the tariffs are impacting the market, and consumers.
High-stakes trade talks lasted for just two hours between the U.S. and China. Both sides walked away with no deal. Ben Tracy reports from the White House.
President Trump says trade talks with China will continue after discussions between the two countries ended Friday without a deal. CBSN political contributor and conservative columnist Michael Graham and Democratic strategist Joel Payne join CBSN to discuss the latest developments and the rest of the day's top political headlines.
"President Trump has escalated the U.S. trade tensions with China. He's threatening to raise tariffs again on essentially all remaining imports from china, which are valued at an estimated $300 billion. This comes after the Chinese delegation left meetings with U.S. officials in Washington Friday with no deal. Nikole Killion reports."
Bob Cusack, editor-in-chief of The Hill, joins "CBS This Morning: Saturday" to break down this week's trade talks between the U.S. and China, which ended with no deal, President Trump's decision to assert executive privilege over the full Mueller report and what could happen if Robert Mueller contradicts Attorney General William Barr's interpretation of that report.
After months of negotiations, the U.S. and China walked out of trade talks without a deal. The move came after the U.S. increased tariffs to 25 percent on $200 billion worth of Chinese imports. Alex Lawson, senior reporter for Law360, joins CBSN to discuss.
The trade war on American consumers is heightening tension between the world's two largest economies. President Trump is now threatening more tariffs on China. Nicole Killion reports.
President Trump is issuing a warning to China this weekend, saying the country should "act now" to reach a trade agreement with the U.S. David Nakamura, a reporter for The Washington Post, joins CBSN to discuss what to expect during the week ahead in politics.
The White House said Sunday it expects China to retaliate over new tariffs. President Trump warned Beijing to "act now" on a trade deal by tweeting that negotiations will be "far worse for them" in his second term. Mr. Trump also lashed out over the Mueller probe. Nikole Killion reports.
Wall Street is bracing for a U.S. trade war with China that would hurt American companies, farmers and consumers. China is expected to retaliate against new U.S. tariffs that began Friday. The Trump administration is already preparing more tariffs on nearly all Chinese goods. Ben Tracy reports.
President Trump is warning China not to retaliate for the newest tariff hike on its imports. Three days ago, the president raised tariffs to 25 percent on approximately $200 billion on Chinese goods. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss how the tariffs will impact Americans.
Uber stock fell 7% after a disappointing initial public offering, and U.S. stocks plunged after China announced tariff retaliation. CBS News business analyst Jill Schlesinger talks to CBSN.
The U.S. is preparing to place higher tariffs on nearly all Chinese imports, after negotiators failed to reach a deal during talks in Washington last week. Politico trade reporter Megan Cassella joins CBSN to discuss how the tariffs will affect global markets and American consumers.
China is moving forward with its threat to retaliate against the U.S. by raising tariffs on $60 billion worth of American goods. CBS News White House correspondent Ben Tracy joined CBSN with more.
Despite an ongoing trade war with China, President Trump appeared confident in the U.S. economy, saying it's in a "strong" position. This comes after the Dow Jones Industrial Average plunged more than 500 points after China imposed its own tariffs on the U.S.
China retaliated against President Trump's new tariffs by raising their own. That sent stocks into a slide Monday, with the Dow shedding 617 points. Paula Reid reports.
The market plunged amid an escalating trade war between the U.S. and China, but will American consumers be impacted the most? CBS News business analyst Jill Schlesinger explains.
Hours after the president said he expects to hold new talks with Kim Jong Un, South Korea and Japan said several short-range missiles were launched by the North.
Iran has shrugged off President Trump's threat to hit the Islamic Republic with an "economic D-Day" as a "doubling down on failed policies."
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FBI agents executed search warrants targeting former Democratic Rep. Eric Swalwell and seized his electronic devices, two sources told CBS News.
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The company told CBS News it will direct the refunds toward groceries and general merchandise.
Think that back-to-school photo is safe to post online? Bad actors could use AI "nudify" apps to make it X-rated.
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FBI agents executed search warrants targeting former Democratic Rep. Eric Swalwell and seized his electronic devices, two sources told CBS News.
The Democratic National Committee is on the hunt for the best host city for the 2028 Democratic convention.
In a new video shared first with CBS News, Tulsi Gabbard said doctors discovered the cancer, a sacral chordoma, a rare tumor, after her husband, Abraham Williams, experienced back pain.
Min Zin is the second American academic to be designated as wrongfully detained in recent months.
Iran has shrugged off President Trump's threat to hit the Islamic Republic with an "economic D-Day" as a "doubling down on failed policies."
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
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Iran has shrugged off President Trump's threat to hit the Islamic Republic with an "economic D-Day" as a "doubling down on failed policies."
Hours after Trump said he expects to hold new talks with Kim Jong Un, South Korea and Japan said several short-range missiles were launched by the North.
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Think that back-to-school photo is safe to post online? Bad actors could use AI "nudify" apps to make it X-rated.
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