Money experts give their advice
Is there any good news that have come from the implemented tariffs? CBS News' Jill Schlesinger and Kelly O'Grady give their thoughts and advice on how to respond to President Trump's tariffs.
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Is there any good news that have come from the implemented tariffs? CBS News' Jill Schlesinger and Kelly O'Grady give their thoughts and advice on how to respond to President Trump's tariffs.
President Trump has paused nearly all of his reciprocal tariffs. The early-afternoon news sent the stock market soaring, gaining back much of the ground it lost since the president first unveiled his tariffs last week. But some tariffs remain in place, including a now 125% tariff on China. David Wessel, senior fellow of economic studies at the Brookings Institute, joins to discuss.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
What was behind President Trump's abrupt turnaround on tariffs? Margaret Brennan has been working her sources.
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.
Years after losing to Donald Trump in the 2016 Republican primary, former Ohio Gov. John Kasich remains a critic of the president. Kasich joins "America Decides" to discuss his new book, "Heaven Help Us," and to unpack the first months of Mr. Trump's second term.
President Trump's tariffs on China are up to 125%. Meanwhile, President Trump announced that most "reciprocal" tariffs are paused for 90 days. CBS News' Jill Schlesinger and Kelly O'Grady answer viewers' questions about how tariffs will impact them.
In his first network TV interview since becoming Health and Human Services secretary, Robert F. Kennedy Jr. spoke with CBS News chief medical correspondent Dr. Jon LaPook about a range of topics, including measles, food additives and weight loss drugs.
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.
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.
Robert F. Kennedy Jr. sat down with CBS News for his first network television interview as Health and Human Services secretary. CBS News chief medical correspondent Dr. Jon LaPook asked Kennedy about the more than $11 billion in cuts to local and state health programs.
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.
Federal judges in New York and Texas have temporarily blocked the deportation of several Venezuelan migrants. CBS News Department of Justice correspondent Scott MacFarlane has the details.
President Trump announced Wednesday that he's pausing tariffs on many countries for 90 days while raising tariffs on China to 125%. Democratic Rep. Jasmine Crockett of Texas joins "America Decides" with her reaction.
President Trump is working to win over House Republican holdouts on the party's budget plan. At a fundraiser Tuesday night, the president told them to "close your eyes and get there." CBS News congressional correspondent Nikole Killion reports.
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.
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.
President Trump walked back his "reciprocal" tariffs Wednesday, announcing that higher levies on most nations will be put on pause for 90 days. Gene Sperling is the former director of the National Economic Council and assistant to the president for economic policy under former Presidents Bill Clinton and Barack Obama and was a senior adviser to former President Biden. Vance Ginn was the chief economist for the White House's Office of Management and Budget during President Trump's first term. They join "The Daily Report" with analysis.
With back and forth from the Trump administration on tariff plans, some home builders and buyers are raising concerns about the long-term impact on the housing industry. President and CEO of the National Association of Home Builders Jim Tobin joins "The Daily Report" with his perspective. After that, CBS News journalists ask Americans their top questions about tariffs. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
President Trump took questions Wednesday in the Oval Office after announcing a pause on reciprocal tariffs for most countries. See his remarks.
Wall Street surged Wednesday after President Trump announced a 90-day pause on reciprocal tariffs for many countries. CBS News' Maurice DuBois anchors a special report.
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.
White House spokeswoman Karoline Leavitt said President Trump's tariffs represented "the art of the deal."
U.S. trade representative Jamieson Greer went before the House Ways and Means Committee Wednesday to testify about President Trump's tariffs. During the hearing, Mr. Trump announced he was putting a 90-day pause on reciprocal tariffs against most countries but raising tariffs on China to 125%.
President Trump announced Wednesday he is increasing tariffs on China to 125% while suspending reciprocal tariffs "beyond" 10% on other U.S. trade partners for the next 90 days. Mr. Trump discussed the decision during an event in front of the White House. CBS News' Aaron Navarro, Taurean Small and Kelly O'Grady have more.