China says it's raising tariffs on U.S. goods to 125%
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
China
Impact of China's increase in tariffs again
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the trade relationship and economic impact of China's increase in tariffs on U.S. goods, plus what to expect in the financial markets.
China to raise tariffs on U.S. products to 125%
China says it is increasing tariffs from 84% to 125% on U.S. goods starting Saturday. President Trump this week had increased tariffs on China to 145%, escalating the trade war. CBS News' Weijia Jiang has the latest.
China announces 125% tariffs on U.S.
China has hiked tariffs on U.S. goods to 125% and called more American hikes impractical and a "joke in the history of the world economy." CBS News' Natalie Brand has more on apparent negotiations with other nations, and Emily Peck, a markets editor at Axios, joins CBS News with more on the impact of President Trump's tariffs.
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.
What is the U.S.-China relationship now?
The White House said its tariffs on China now total 145%. Zongyuan Zoe Liu, Maurice R. Greenberg senior fellow for China studies, joins "The Daily Report" to discuss how this trade war affected U.S.-Chinese relations.
San Antonio mayor on Trump's tariffs
Some of America's biggest cities that export goods to neighboring countries, like Mexico and Canada, are concerned about what President Trump's new tariffs mean for their local economies. San Antonio Mayor Ron Nirenberg joins "The Daily Report" to discuss.
Why markets fell despite Trump's tariff pause
One day after a historic rally on Wall Street, the markets were back in the red on Thursday. The sell-off wiped out some of Wednesday's gains and the market volatility comes as investors remain cautious about the future of global trade. CBS News' Kelly O'Grady and Fin Gomez have the latest details.
Electric vehicle industry braces for tariffs
President Trump's tariffs are likely to impact the production and sales of electric vehicles. Albert Gore III, executive director of the Zero Emission Transportation Association, joins "America Decides" to examine the state of the EV industry.
Trump acknowledges tariff "transition cost"
The stock market slid Thursday, even as the White House said dozens of countries were coming to the table to talk about tariffs. President Trump acknowledged that there would be what he calls "transition problems" with his economic policies. CBS News' Kelly O'Grady and Willie James Inman report.
Wednesday's stock gains mostly erased
Stock markets slumped on Thursday, erasing much of the previous day's gains as investors continue to navigate President Trump's tariff strategy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
How Trump's trade war with China could impact U.S. film industry
Escalating trade tensions between the U.S. and China could affect Hollywood, with the average U.S. film making about 10% of its gross from the China market.
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Trade tension with China impacts U.S. farmers
Less than 24 hours after tariffs went into effect, President Trump announced a 90-day pause on most of his new tariffs and lowered "reciprocal tariffs" to 10%. However, tariffs on China have increased to 125%. As trade tensions escalate, U.S. farmers say they are caught in the middle.
Behind Trump's timing on tariffs pause
Questions are emerging about President Trump's timing on his tariffs pause announcement. This comes as more details emerge about an apparent U.S.-Russia prisoner swap that led to Ksenia Karelina's release. CBS News' Weijia Jiang reports.
China says door for tariff talks is open
China's Commerce Ministry says the door is open for talks with the U.S. on tariffs. This comes as President Trump paused his tariffs on most nations, except China. CBS News' Natalie Brand reports.
China says it's open to talks as Trump pauses tariffs on other nations
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
Wall Street soars after Trump's tariff pause
President Trump announced a 90-day pause on most of his new tariffs, sending the U.S. stock market surging. At the same time, the president said he's increasing the tariff rate on goods imported from China to 125%. Ed O'Keefe and Anna Coren have details.
Federal Reserve's Neel Kashkari on tariffs
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
What to know about the Trump tariffs so far
The tariff announcements and policy updates out of the White House have been changing rapidly. CBS News MoneyWatch correspondent Kelly O'Grady gives an overview. And one of the biggest beneficiaries of the "reciprocal" tariffs may be the U.S. resale market. Poshmark CEO Manish Chandra joins "The Daily Report" to discuss. Then, CBS News' O'Grady and Jill Schlesinger answer your questions.
Why Trump paused tariffs for most nations?
Since the Trump administration announced sweeping new tariffs, there's been mixed messaging from the White House. President Trump announced Wednesday that higher levies on the vast majority of America's trading partners will be paused for 90 days. CBS News' Weijia Jiang, Jill Schlesinger and Kelly O'Grady report and answer viewer questions.
Why did Trump reverse course on tariffs?
China, the world's second-largest economy, was the only country not included in President Trump's 90-day tariff pause on Wednesday. CBS News political director Fin Gómez is tracking the tariff response inside the West Wing.
Trump shifts focus to China in tariff fight
President Trump announced a 90-day pause on his reciprocal tariffs on Wednesday, with most nations getting a break except China, which is now facing a 125% levy. CBS News business analyst Jill Schlesinger has more.
Trump takes questions after tariff pause
President Trump took questions Wednesday in the Oval Office after announcing a pause on reciprocal tariffs for most countries. See his remarks.
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