Markets crater after Trump tariff announcement
Wednesday's announcement of "Liberation Day" tariffs from President Trump led to a major selloff Thursday on Wall Street. Margaret Brennan and Kelly O'Grady report.
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Wednesday's announcement of "Liberation Day" tariffs from President Trump led to a major selloff Thursday on Wall Street. Margaret Brennan and Kelly O'Grady report.
President Trump spoke to reporters outside the White House Thursday, defending his new trade tariffs despite major market slides. CBS News White House reporter Olivia Rinaldi and CBS News MoneyWatch correspondent Kelly O'Grady have the latest.
The White House calls new tariffs a path to economic liberation, but shifting justifications raise questions about their true impact. "CBS Evening News" co-anchor John Dickerson explains.
The Trump administration has frozen or outright ended a number of alternative energy projects, like offshore wind farm permits. But a massive solar farm project in Nevada is still moving forward. Andres Guitierrez reports some local residents worry it could cast a shadow on other economic development.
The Trump administration admitted in a court filing Monday that an "administrative error" and an "oversight" resulted in a Salvadoran man's deportation and imprisonment in a supermax prison in El Salvador. Jessica Levinson has analysis.
China is calling its aggressive show of naval force off the coast of Taiwan a "stern warning" against any move by the southeast Asian island to seek independence. Ramy Inocencio reports on the rising tensions.
The Trump administration's restructuring of the Department of Health and Human Services came in the form of widespread job termination emails at the Food and Drug Administration and the CDC. CBS News has learned the cuts include senior leaders and staff focused on HIV prevention, reproductive health and respiratory diseases. Former HHS Secretary Kathleen Sebelius joins to discuss.
President Trump is set to announce his long-promised mass tariffs. The White House says the president is still working on the final details but did say they would be effective immediately. Erica Brown has more.
CBS News projects that Republican state Sen. Randy Fine has won the special election to represent Florida's 6th Congressional District. Fine will take the seat formerly held by Mike Waltz, who left to become President Trump's national security adviser.
Sen. Cory Booker on Tuesday broke the record for the longest Senate floor speech as he protested against President Trump's policies. The New Jersey Democrat spoke for longer than Sen. Strom Thurmond's 24 hour and 18 minute address in 1957.
Voters are heading to the polls in Wisconsin and Florida to cast their ballots in three critical special elections Tuesday. CBS News' Ed O'Keefe and Taurean Small have the latest.
Sen. Cory Booker has been speaking on the Senate floor for nearly 20 hours in protest of President Trump's policies. The New Jersey Democrat says he'll continue to speak for as long as he physically can. Claudia Grisales, congressional correspondent for NPR, joined CBS News to discuss Booker's speech and some of the other big news from Capitol Hill.
President Trump is preparing to unveil new tariffs on imports Wednesday, but there still aren't specifics on what countries will be impacted. CBS News correspondent Natalie Brand has more.
President Trump signed an executive order Tuesday that would require proof of citizenship to register to vote in federal elections. CBS News Justice Department correspondent Scott MacFarlane has more.
Hundreds of Palestinians protested against Hamas in northern Gaza Wednesday, demanding an end to the war with Israel. BBC News correspondent Emir Nader has more.
Judge James Boasberg, the judge who President Trump has repeatedly lashed out against for blocking the administration's use of the Alien Enemies Act for deportations, has been assigned to oversee a lawsuit stemming from the Signal group chat scandal. CBS News Department of Justice reporter Jake Rosen has more.
Democratic lawmakers are ramping up their attacks on top Trump officials involved in a Signal group chat that mistakenly contained an Atlantic journalist. The text chain included discussions about military operations against the Houthis in Yemen. CBS News' Nikole Killion reports.
An appeals court is deliberating on whether to lift a judge's ban against the Trump administration's use of the Alien Enemies Act to carry out deportations. CBS News Department of Justice reporter Jake Rosen has more.
Monday's story about an Atlantic journalist being included in a group chat among Trump officials discussing war plans for Yemen is reverberating across Washington. CBS News' Ed O'Keefe and Nikole Killion report.
President Trump and national security adviser Mike Waltz spoke Tuesday about the inclusion of a journalist in a group chat where top administration officials were discussing the bombing of Yemen.
The Trump administration is revoking legal status for more than 500,000 Latin American and Haitian migrants who were welcomed into the U.S. under a Biden-era sponsorship process. CBS News national correspondent Manuel Bojorquez reports.
A panel of three judges heard arguments Monday on the Trump administration's use of the Alien Enemies Act to carry out deportations. CBS News Department of Justice reporter Jake Rosen has more on how the hearing went.
The stock market had a solid day on Monday as traders banked on hopes that there would be an ease in tariffs, but President Trump announced in the afternoon that more tariffs are on the horizon. CBS News business contributor Javier David reports.
President Trump reacted Monday to news that the editor-in-chief of The Atlantic, Jeffrey Goldberg, was included in a group chat with top administration officials about bombing plans for Yemen. CBS News White House reporter Olivia Rinaldi has more.
Senate Minority Leader Chuck Schumer says he will not step down from his post despite growing pressure from some Democrats. CBS News congressional reporter Taurean Small has more.