Trump's tariffs: What they are and how they will work
Economists have a dim view of the import taxes, but they have a role in President Trump's America First policy
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Economists have a dim view of the import taxes, but they have a role in President Trump's America First policy
China gets less than 4 percent of the iPhone's total factory cost, while Apple's profits pay for an army of U.S. workers
President Trump imposed tariffs on $34 billion worth of goods imported from China Friday, and China retaliated with tariffs on pork, soybeans and cars. Ana Swanson, a trade reporter for the New York Times, spoke to CBSN about the effects these tariffs could have on workers and consumers at home and abroad.
The U.S. imposed $34 billion in tariffs on Chinese goods and China quickly retaliated with tariffs on U.S. products, raising tensions between the two nations. This comes just a day after EPA chief Scott Pruitt announced his resignation after months of controversy. CBS News Washington correspondent Paula Reid joined CBSN with more.
Over 210,000 jobs were added in June despite looming “trade war” with China.
The Trump administration is expected to impose even more tariffs on China in the coming weeks. The trade war between the world's largest economies will likely hurt companies and consumers in both the U.S. and China. CBSN contributor and Signal newsletter writer for GZERO Media, Willis Sparks, explains what's at stake for each country.
The U.S. has imposed tariffs on $34 billion worth of Chinese products and China retaliated with tariffs on American goods. This comes as Secretary of State Mike Pompeo travels to North Korea for talks on denuclearization. "Face the Nation" moderator and CBS News senior global affairs correspondent Margaret Brennan takes CBSN through the latest developments.
Beijing is calling it the "biggest trade war in economic history"
The cheese industry is caught in the crossfire of U.S. trade disputes with other countries. As the U.S. imposes tariffs on $34 billion worth of Chinese goods, China is expected to implement retaliatory tariffs on the U.S. cheese industry and other sectors. Dean Reynolds visits Sartori Cheese company in Wisconsin, where 12 percent of its business depends on exports.
The trade war between the world's two biggest economies could reverse many of the benefits of last year's tax cuts
The Trump administration fired the first shots in a looming trade war with China. After midnight Eastern Time, the U.S. raised tariffs on $34 billion worth of Chinese goods. The president says that number will increase to $50 billion in two weeks. China's foreign ministry responded, saying retaliatory tariffs on U.S. goods are now in place, without giving details. "Face the Nation" moderator Margaret Brennan joins "CBS This Morning" from Washington to discuss the impact. Brennan also discusses Secretary of State Mike Pompeo's visit to North Korea in denuclearization efforts.
The U.S. Chamber of Commerce says retaliatory tariffs against the U.S. threaten about a billion dollars of state's exports
The Trump administration is set to impose $34 billion in tariffs on Chinese-made goods, sparking fears of a trade war. But Isaac Stone Fish, CBSN contributor and senior fellow at the Asia Society's Center of U.S.-China Relations, says Beijing's unofficial response should be more concerning to U.S. companies operating in China.
In an interview with CBSN's Elaine Quijano, economist and former Reagan economic adviser Arthur Laffer said a trade war could cancel the benefits of the tax cuts and hinder growth.
In an interview with CBSN, forrmer Reagan economic adviser Arthur Laffer says a trade war would seriously harm growth
The World Trade Organization said uncertainty about a possible trade war is already dragging down the world economy
In new documents given to Congress, Facebook revealed it granted dozens of companies special access to user information for months after claiming it shut down access. Jennifer Grygiel, associate communications professor at Syracuse University, joined CBSN to discuss why these special deals bring up new questions about the platform's privacy policy.
China's government says its growth "has brought great opportunities to trading partners all over the world"
The president's backing of bills in Congress that tighten foreign investment rules marks a less aggressive posture
The president is calling on Congress to create a stronger review process of Chinese investments in the U.S.
The three men from China Labor Watch were arrested while probing abuses at factories making her fashion products
To see how bad the escalating trade tensions might get, investors would be wise to monitor these issues
Many economists fear his trade actions may substantially slow U.S. growth, and markets are taking note
Ninety-five percent of murders in Guatemala, Honduras and El Salvador are going unpunished in a wave of violence fueling immigration. Alex Kliment, CBSN contributor and Signal newsletter writer, has that and more of today's hard numbers.
Peter Navarro, President Trump's top trade adviser, recently discussed the evolution of his views on U.S. trade policy with Axios reporter Erica Pandey. She interviewed Navarro and joins CBSN to talk more about what he told her is the future of U.S. trade policy.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
President Trump announced Saturday night that he will cancel a pending attack on Iran after he indicated that a rough framework of a peace deal had been reached.
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
Records reveal California twice missed deadlines to buy the trains at the center of a federal funding fight — then quietly dropped its lawsuit weeks after missing its new deadline.
Democratic Sen. Mark Kelly also voiced concerns about the Pentagon's funding requests, calling the approach "irresponsible — and now they want a blank check."
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Several people were killed in a shooting Saturday afternoon at an In-N-Out restaurant in Twin Falls, Idaho, local authorities said.
There were three fires in the Spokane area: the Old Trails Fire, the Fairview Fire and the Meadowview Fire.
Dozens died, and the tiny enclave of Ceuta was thrown into chaos earlier this week after a rush of migrants entered from Morocco.
GOP Rep. Mike Turner of Ohio said critical infrastructure assets "need to be hardened" as investigators are probing whether Iranian hackers are behind malicious cyber activity that affected technology at water systems in U.S. states last week.
Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown.
Democratic Sen. Mark Kelly also voiced concerns about the Pentagon's funding requests, calling the approach "irresponsible — and now they want a blank check."
There were three fires in the Spokane area: the Old Trails Fire, the Fairview Fire and the Meadowview Fire.
Records reveal California twice missed deadlines to buy the trains at the center of a federal funding fight — then quietly dropped its lawsuit weeks after missing its new deadline.
WestJet canceled more than 300 flights as of early Sunday, snarling travel plans in Canada in the middle of a three-day weekend.
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
Chinese-made electric bedding poses "risk of serious injury or death," according to U.S. product safety regulators.
The following is the transcript of an interview with Democratic Sen. Mark Kelly of Arizona that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
GOP Rep. Mike Turner of Ohio said critical infrastructure assets "need to be hardened" as investigators are probing whether Iranian hackers are behind malicious cyber activity that affected technology at water systems in U.S. states last week.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
The following is the transcript of an interview with former Sen. Joe Manchin and his daughter, Americans Together CEO Heather Manchin, that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
The following is the transcript of an interview with Republican Rep. Mike Turner of Ohio that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
Megan Kaverman's weight gain, fatigue, high blood pressure and other symptoms were dismissed for years before she was diagnosed with a rare heart disease.
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what's in a can of Coke, according to a new report.
The following is the transcript of an interview with Democratic Sen. Mark Kelly of Arizona that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
The aircraft were Bell helicopters operating over the Psatha area west of Athens, each with a two-person crew.
The Trump administration is offering the public less information about the Iran war and its direction, even as the costs continue to mount.
The following is the transcript of an interview with Republican Rep. Mike Turner of Ohio that aired on "Face the Nation with Margaret Brennan" on Aug. 2, 2026.
Dozens died, and the tiny enclave of Ceuta was thrown into chaos earlier this week after a rush of migrants entered from Morocco.
Actress Scarlett Johansson has played many roles in her career – and now, the Tony-winner and two-time Oscar-nominee has taken on another: launching her new line of products, called The Outset, designed for people with sensitive skin (like hers). She talks with correspondent Tracy Smith about her skin struggles, and how husband Colin Jost has been a "guinea pig" for her products. (Originally broadcast April 12, 2026.)
Philadelphia-based artist Stacey Lee Webber has invested small coins and bills into her sculptures and jewelry – art made entirely of money. Correspondent Nancy Giles talks with the money-making artist whose creations can cost a pretty penny. (Originally broadcast April 12, 2026.)
Jane Pauley hosts our annual "Money Issue." Featured: Obstacles to home ownership; fighting health insurance denials; Chinese EVs; opposition to AI data centers; American Girl dolls; skin care mogul Scarlett Johansson; roller coasters; the popularity of Bingo!; and is your phone eavesdropping on you?
The summer blockbuster may be having its own blockbuster comeback. After years of streaming dominance, audiences are again packing theaters. Adam Yamaguchi has more.
Correspondent Lee Cowan reports on how the ups-and-downs of today's amusement park industry are being ridden via new technologies in roller coaster design, including the New Texas Giant (a hybrid wooden-and-steel roller coaster), and the Tormenta Rampaging Run (a "giga dive" coaster), at Six Flags Over Texas. (Originally broadcast April 12, 2026.)
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications of such facilities in their backyards, are fighting back. "Sunday Morning" national correspondent Robert Costa examines the drive to construct AI data centers, and the debate between opponents and AI advocates. (Originally broadcast April 12, 2026.)
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
When ads pop up on your phone for products after you've happened to mention them, is it an indication that advertisers are eavesdropping on you? Correspondent David Pogue checks out the facts about highly-targeted advertising, and why it sometimes gets weirdly specific. (Originally broadcast April 12, 2026.)
Last year the Chinese car company BYD (which stands for Build Your Dreams) overtook Tesla as the world's top seller of fully electric vehicles, despite the U.S. market being virtually closed to them. Correspondent Seth Doane looks at how China's long-term investments in innovation are paying off in EVs – and how protective tariffs may end up hurting American automakers down the road. (Originally broadcast April 12, 2026.)
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
In 1993, Jeanie Childs was found stabbed more than 60 times in her Minneapolis apartment. Bloody footprints and unknown DNA left investigators without answers until a 2015 cold-case review and public DNA database finally pointed to a suspect.
Last year, "CBS Saturday Morning" spoke with ticket reselling company Elite Events and Tickets about its methodology and practices. Now, the Federal Trade Commission is fining the company, saying it violated the Better Online Ticket Sales Act. Elite Events and Tickets neither admitted to nor denied the FTC's allegations.
It has been six months since Nancy Guthrie, the mother of "Today Show" co-host Savannah Guthrie, vanished from her Arizona home. Investigators have now released two ransom notes with "distinctive linguistic characteristics" and are asking for the public's help in identifying their writer.
Savannah Guthrie said she and her family have been "in agony and despair ever since" her mother Nancy's disappearance in February.
For the first time, the Pima County Sheriff's Office released a pair of emails allegedly sent by Nancy Guthrie's kidnapper, who said she had died shortly after she had been abducted. Tom Hanson reports.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Missed the second half of the show? Hugging Face CEO Clement Delangue, independent former Sen. Joe Manchin and his daughter Heather Manchin join "Face the Nation."
Watch Margaret Brennan's full interview Hugging Face Co-Founder and CEO Clem Delangue, a portion of which aired on July 19, 2026, about the recent hack of their systems by an autonomous AI agent from an OpenAI training model.
On "Face the Nation with Margaret Brennan," former Sen. Joe Manchin and his daugher, Heather, discussed their initiative to help more independents get elected to office. They also addressed whether they could ever support a self-described socialist candidate.
ChatGPT maker OpenAI revealed that its technology hacked into another AI company on its own during internal testing. Hugging Face CEO Clement Delangue, whose company was hacked, described the "very weird and unprecedented" incident in an interview on "Face the Nation with Margaret Brennan" -- and offered suggestions on how future incidents could be prevented.
Republican Rep. Mike Turner said on "Face the Nation with Margaret Brennan" that "I don't think anybody's satisfied with the level of information that we're receiving" on the Iran war, while backing the Trump administration's strategy of pressing Iran to the negotiating table on nuclear weapons.