Bessent: No trade negotiations with China yet
Treasury Secretary Scott Bessent told lawmakers at a House hearing on Tuesday that the U.S. is not yet engaged in trade negotiations with China.
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Treasury Secretary Scott Bessent told lawmakers at a House hearing on Tuesday that the U.S. is not yet engaged in trade negotiations with China.
A sharp drop in Chinese imports could lead to shortages of the following U.S. consumer products, one analysis shows.
Treasury Secretary Scott Bessent testified before lawmakers on Capitol Hill Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The impact of President Trump's 145% tariffs on Chinese goods is playing out in real-time at America's ports. Gene Seroka, Port of Los Angeles executive director, joins "The Daily Report" to discuss.
Sweeping 145% tariffs on Chinese imports threaten some businesses' survival, as nearly all toy manufacturing happens overseas. Eleanor Mak, CEO and founder of Jilly Bing, a small business doll company, joins "The Daily Report" to discuss how tariffs are impacting her.
A Chinese exporter says Trump's tariffs simply aren't fair, while a U.S. buyer hopes for a trade war truce, because "China produces what you want."
The ongoing trade war is already impacting businesses in China amid President Trump's 145% tariff on the country. Exporters say sales are down because many American buyers can't afford to purchase what they need. CBS News' Anna Coren reports.
The Chinese Ministry of Commerce is commenting on potential trade talks with the U.S. This comes as more details emerge about the economic repercussions of President Trump's tariffs. Lori Bettinger, the president of BancAlliance, joins CBS News with more.
Some retailers have started breaking out the cost of tariffs on customer purchases, highlighting the impact on consumers.
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
The wars in Ukraine and the Middle East, and pressure from Trump, helped drive a massive boost in global military spending last year, a Swedish think tank says.
Bookings of container shipments from China to the U.S. are down nearly 50% compared to a year ago. Carter Evans reports from one of the country's busiest ports to see the economic impact at the loading dock and on small business shelves.
In the trade war with China, CBS News got a look behind enemy lines. But keep in mind, Anna Coren was shown what the Chinese Communist Party wanted her and the American public to see.
A commercial fisherman caught a highly invasive Chinese mitten crab in the Lower Columbia River, Oregon wildlife officials said.
Most Americans think tariffs will drive up prices and cost the U.S. more money than they generate, according to a new Gallup poll.
President Trump will begin his weekend in Rome to attend Pope Francis' funeral as thousands prepare to say their final goodbyes. CBS News New York reporter Tony Aiello has more. Plus, CBS News' Nancy Cordes and Eleanor Watson report on Mr. Trump's interview with Time Magazine and peace talks between Russia and Ukraine.
President Trump landed in Rome on Friday for the Saturday funeral of Pope Francis. CBS News' Nancy Cordes and Aaron Navarro report.
The Dow Jones eked out a 0.05% gain Friday as investors digested mixed messages on trade talks between the U.S. and China. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
As the U.S.-China trade war continues, Apple aims to produce its iPhones sold in America in India by the end of 2026, according to reports. CBS News' Kelly O'Grady has the latest on the trade war.
President Trump spoke to reporters outside the White House on Friday before heading to Rome for Pope Francis' funeral. Mr. Trump addressed trade talks and the Russia-Ukraine peace talks. CBS News' Olivia Rinaldi has more.
President Trump said he's spoken with Chinese President Xi Jinping "numerous times" on tariffs, but was vague on the details. China has denied that negotiations are underway. CBS News' Kelly O'Grady and Willie James Inman have more on the ongoing trade war.
The Trump administration will grant companies developing self-driving cars exemptions from certain federal safety regulations for testing purposes to help them compete with their Chinese rivals. Meanwhile, top Chinese policymakers pledged to support firms impacted by President Trump's tariffs. CBS News' Anna Coren reports from Guangzhou, China, where she attended the Canton Fair, the country's longest-running international trade event.
President Trump defends deportations to El Salvador; Brush fire battle ongoing in Florida.
DOJ faces deadline to hand over details about deportation flights to federal judge; McNeese State upsets Clemson and Drake University defeats Missouri.
DOJ in court over deportation flight; National Medal of Honor recipients gather in Texas.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Trump says he'll end the war soon, when he wants to, as Iran hits 3 ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
An image of the sighting showed the massive bear standing over the carcass near Yellowstone Lake.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
The men were Norwegian citizens of Iraqi origin who were not previously known to police, police prosecutor Christian Hatlo said.
The discovery caused officials to evacuate 18,000 people on Wednesday, the largest such operation ever in the city, emergency services said.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
President Trump says he'll end the war soon, when he wants to, as Iran hits three ships near the Strait of Hormuz and warns U.S.-linked banks will be next.
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Pop culture icon Flava Flav stopped by "CBS Mornings" to discuss his plans to celebrate women Olympic and Paralympic medalists from the 2026 Winter Games.
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
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.
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
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.
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Hawaii's Kilauea volcano erupted for the 43rd time since December 2024, sending glassy volcanic fragments, ash and lava into the air. Videos from the U.S. Geological Survey captured the powerful eruption.
Richard Kahn, who was Jeffrey Epstein's accountant, testified Wednesday before the House Oversight Committee over his relationship to the convicted sex offender. CBS News' Elaine Quijano has more on his opening statement.
President Trump stopped to speak with reporters on Wednesday as he headed to Kentucky, where he touted the U.S. military's operation against Iran, claiming that most of Tehran's navy is "gone."
Richard Kahn, Jeffrey Epstein's longtime accountant, is testifying before the House Oversight Committee on Wednesday. CBS News' Elaine Quijano has more.