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President Trump says he will impose new tariffs on China if Xi Jinping does not withdraw retaliatory tariffs; Stocks tumble as global markets feel the impact of Trump tariffs.
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President Trump says he will impose new tariffs on China if Xi Jinping does not withdraw retaliatory tariffs; Stocks tumble as global markets feel the impact of Trump tariffs.
Investors are reacting favorably to news of China and the U.S. reaching a 90-day trade agreement. The deal lowers tariffs on both sides and is considered a pause from current levels. CBS MoneyWatch correspondent Kelly O'Grady reports.
Treasury Secretary Scott Bessent announced a temporary period of lower tariffs between the U.S. and China. The reprieve is good news for business owners in both nations who were reeling from President Trump's trade strategy. CBS News' Natalie Brand and Anna Coren report.
The United States and China announced a step toward ending their trade war. Both countries have agreed to sharply reduce tariffs for 90 days. Last month, the U.S. imposed a 145% tariff on Chinese goods and Beijing responded with 125% tariffs on American products. CBS News' Caitlin Huey Burns has the latest.
CBS News MoneyWatch correspondent Kelly O'Grady breaks down what to know about the potential financial impact to American consumers after the U.S. and China agreed to temporarily ease tariffs.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
The flow of goods from China into the U.S. has slowed dramatically, which could soon mean job cuts, shortages and tough choices for consumers. However, there is progress in the trade war between the two countries. For the first time, negotiators are meeting. Elise Preston has more.
President Trump opened the door to lowering tariffs on China as U.S. and Chinese officials prepare to meet this weekend.
President Trump appeared to give his treasury secretary his starting point in trade talks with Beijing set for this weekend. Weeks after imposing a 145% tariff on China, the president posted, "80-percent tariff on China seems right." Kelly O'Grady explains.
China's Xi Jinping joined Vladimir Putin for a huge Victory Day parade in Moscow, hoping to reassure Russians of their nation's strength as the Ukraine conflict grinds on.
As Russia celebrates its 80-year-old victory over Nazi Germany, Putin wants the world to see that despite the new conflict in Europe, he still has friends in high places.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Chinese officials for trade talks in Switzerland this weekend. Ahead of the meeting, President Trump seemed to suggest he'd be open to lowering the tariff rate on Chinese imports. CBS News' Nikole Killion and Kelly O'Grady have more.
In a post on social media, President Trump said he'd be open to raising taxes on rich people as part of negotiations over his "big beautiful bill." CBS News' Nikole Killion and Kelly O'Grady have the latest.
White House press secretary Karoline Leavitt commented on President Trump's latest social media post about lowering tariffs on China to 80%. This comes as the U.S. prepares to hold trade talks with China in Switzerland. CBS News' Aaron Navarro reports.
The U.S. and China are preparing to discuss a possible trade deal in Switzerland days after the U.K. reached an agreement with the Trump administration. CBS MoneyWatch correspondent Kelly O'Grady reports.
President Trump appears ready to lower tariffs on China as the U.S. prepares for trade talks in Switzerland. Peter Goodman, a reporter for The New York Times, joins CBS News with what to expect.
President Trump celebrated a trade agreement with the United Kingdom, but sealing a deal with China was also on the president's mind. Weijia Jiang reports.
President Trump announced a trade deal Thursday expanding U.S. market access in the U.K. Although many agreement details still need to be worked out, Mr. Trump says his administration could soon announce more deals with other nations. Martin Baccardax, senior editor and markets correspondent for TheStreet, joins "America Decides" with analysis.
Treasury Secretary Scott Bessent is traveling to Switzerland, where he will lead U.S. trade talks with China this weekend. When asked about progress between the two nations on Thursday, President Trump insisted that China is open to negotiations when it comes to tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Before becoming Pope Leo XIV, Robert Frances Prevost expressed sympathy with those who criticized Vice President JD Vance's theological argument that there are hierarchies of love. CBS News political director Fin Gómez joins to examine how the new American pontiff could impact U.S. politics. Then, CBS News White House reporter Willie James Inman joins with the latest on President Trump's trade talks.
President Trump and Treasury Secretary Scott Bessent have both said numerous trade agreements could come as soon as this week.
Russian President Vladimir Putin welcomed China's Xi Jinping to celebrate Victory Day 80 years after World War II ended. CBS News' Elizabeth Palmer reports from Moscow.
Treasury Secretary Scott Bessent told a House committee on Wednesday that he and U.S. trade representative Jamieson Greer will hold trade talks with Chinese officials in Switzerland on Saturday. CBS News senior White House correspondent Weijia Jiang reports.
One industry reeling from President Trump's tariffs is American toy makers. Jay Foreman, CEO of Basic Fun!, the toymaker selling brand names like My Little Pony, Tonka Trucks and Lincoln Logs, joins CBS News to discuss the impact.
Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will sit down with their Chinese counterparts in Switzerland for trade talks this weekend, but they'll do so after President Trump said the U.S. will not lower tariffs against China to kick-start talks. CBS News White House reporter Aaron Navarro has the newest details.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
GOP leaders unveiled a plan to end DHS shutdown, mirroring a framework that the Senate pursued last week before it was quickly batted down by House Republicans.
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting — including by creating lists of citizens who are eligible to vote.
The Noem policy meant the secretary was required to personally sign off on thousands of DHS contracts.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.
"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
A coalition of major Democratic groups sued the Trump administration, seeking to strike down an executive order that would exert more federal influence over mail-in voting — including by creating lists of citizens who are eligible to vote.
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
The federal government may try to send 5-year-old Liam Conejo Ramos back to detention.
The State Department announced Wednesday that it is modifying the Foreign Service Officer Test to reflect the foreign policy goals of the Trump administration.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Indonesia, a vast archipelago of more than 280 million people, sits on major seismic faults and is frequently hit by earthquakes.
The Trump administration has lifted sanctions on Venezuela's interim President Delcy Rodriguez, according to the Treasury Department, as the U.S. seeks to rebuild ties with the Venezuelan government.
President Trump predicted in a prime-time address that the U.S. will complete its military mission in Iran "very shortly," and said U.S. forces have achieved "overwhelming victories," but he did not offer a definitive timeline.
A video shows the moment when the M/V Bandero, operated by the Captain Paul Watson Foundation, steams toward the stern of the fishing vessel.
American commandos joined Ecuadorian troops in a joint mission aimed at dismantling a suspected criminal hub along the country's coast.
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
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.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Bundy's full DNA profiled was entered into the FBI's national database, giving investigators a shot at solving potential cases linked to Bundy.
A child was being pushed in a stroller at Moore and Humboldt streets in East Williamsburg on Wednesday when she suffered a gunshot wound to the head, police said.
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
NASA's Artemis II astronauts launched on a nine-and-a-half-day mission around the moon and back.
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
President Trump addressed the nation about the Iran war Wednesday night, saying that the U.S. would complete its mission there "very shortly." CBS News' Ed O'Keefe remarks on the president's remarks and J.D. Simkins, editor-in-chief of the Military Times and Defense News, joins with analysis.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
President Trump addressed the nation Wednesday night about the Iran war. Tony Dokoupil anchored CBS News' special report.
President Trump sought to assure Americans that the conflict with Iran would be brief compared to other wars in U.S. history and insisted that gas prices would go down quickly. Nancy Cordes reports.