Trump sticks with tariffs amid market turmoil
President Trump said Monday he was not considering a pause on tariffs as Wall Street and world markets saw continued volatility. CBS News' Aaron Navarro, Kelly O'Grady and Nikole Killion have the latest.
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President Trump said Monday he was not considering a pause on tariffs as Wall Street and world markets saw continued volatility. CBS News' Aaron Navarro, Kelly O'Grady and Nikole Killion have the latest.
The U.S. stock market opened down sharply Monday, teeing up to be the third straight day of major losses after President Trump announced sweeping tariffs on trading partners last week. Global markets also tumbled on Monday as the Trump administration continued to defend its tariff plan. CBS News' Kelly O'Grady, Ramy Inocencio and Caitlin Huey-Burns have the latest.
Financial markets overseas tumbled on Monday amid the economic fallout from President Trump's tariffs announcement last week. On Sunday, Mr. Trump stood by his trade policies as larger reciprocal tariffs on dozens of countries are set to go into effect later this week.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to break down the global and U.S. market tumble amid President Trump's latest tariffs, how to financially protect yourself and what to know about the risks of a recession.
The impact of President Trump's sweeping tariffs continues to impact global markets as European and Asian stocks saw drops Monday morning. U.S. stock futures indicate it could be another tough day on Wall Street as Mr. Trump defends his tariff plan. CBS News' Natalie Brand has the latest.
The White House is standing behind President Trump's tariffs even after stock markets around the world crumbled. Weijia Jiang has the latest.
Nearly a year's worth of stock market gains was wiped out on Thursday and Friday, after President Trump announced sweeping tariffs against virtually every nation on Earth, causing the Federal Reserve to warn of potentially higher unemployment and inflation. Correspondent Jo Ling Kent looks at how Trump's trade war may affect consumers and small business owners.
Friday was the second straight day of dramatic losses on Wall Street. One big factor is China announcing that it would impose 34% retaliatory tariffs on American goods in response to President Trump's tariff plan. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
Friday was the second straight day of dramatic losses on Wall Street. One big factor is China announcing that it would impose 34% retaliatory tariffs on American goods in response to President Trump's tariff plan. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.
A 25-hour speech on the Senate floor, the costliest judicial race in U.S. history, President Trump's tariffs and a tanking stock market that followed are some of the most significant political moments from the past week. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Republicans ruled the social media landscape in the 2024 election cycle. Now, some influencers who helped President Trump capture the so-called "bro vote" are expressing their concerns over this recent round of tariffs. Political strategists Joel Payne and Kevin Sheridan join "America Decides" with analysis.
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Some farmers fear the trade war from President Trump's tariffs could put them out of business. John Boyd Jr., a fourth-generation farmer in Virginia, says the price of corn, wheat and soybeans, which are controlled by the markets, have tanked. He is concerned the tariffs could be a long-term issue for American farmers.
Hiring rebounded in March, signaling that the labor market remains resilient despite stronger economic headwinds.
The Southern Shrimp Alliance, which represents the U.S. shrimp industry is praising the Trump administration's tariffs on nearly all foreign imports. American business owners who import products, like JesusDoll.com, are not as happy. Leann Bosarge and David Mauro join "The Daily Report" to discuss why they support and do not support, respectively, the economic policies.
It was a dramatic day for the markets as Wall Street reacted with fear and pessimism to the Trump administration's sweeping tariffs. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns report.
Republican Sen. Rand Paul of Kentucky has emerged as a fierce critic of President Trump's reciprocal tariffs, arguing they may not fit within the U.S. Constitution. Political strategists Hyma Moore and Maura Gillespie join "America Decides" with analysis.
Thursday was Wall Street's worst day since 2020 as investors reacted to President Trump's sweeping new tariffs on all nations. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns have the details.
Foreign leaders lined up on Thursday to condemn President Trump's wide-reaching trade taxes, promising countermeasures of their own. Enda Curran, global economics reporter for Bloomberg, joins "America Decides" to unpack the international fallout.
Stocks cratered in the U.S. on Thursday, one day after President Trump unveiled his plans for a 10% baseline tariff on all nations and higher levies for some. CBS News' John Dickerson anchors a special report.
President Trump's new global tariffs are likely to mean higher prices for many products, experts say. U.S. Commerce Secretary Howard Lutnick joins "CBS Mornings" to talk about the president's plan and the impact on consumers.
Iran's foreign minister says Tehran is interested only in a deal to fully end the war, not a ceasefire, after Trump says there's currently no dialogue at all.
In Alaska, the top four vote getters in the primary advance to the general election.
Rep. Byron Donalds won the Republican primary for governor and former Rep. David Jolly won the Democratic primary, The Associated Press projects.
President Trump ordered the exercises be scaled back, citing what he said was a good relationship with North Korean leader Kim Jong Un and South Korea's refusal to join the U.S. war against Iran.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
The former defense minister, whose firing sparked weeks of protests, said Ukraine needed to find a way to hold elections despite the prolonged war with Russia.
The 35-year-old executive assistant to the president is a quiet but loyal force at President Trump's side.
The Trump administration has been quietly deporting migrants from Mexico to Central America, despite the Mexican government's willingness to accept the return of all its citizens.
August is National Grief Awareness Month, and Kate Doerge wants to reimagine how we deal with grief. After the experience of losing her 16-year-old daughter, Kate decided it was time to reframe the feeling of sadness. We've all heard of the five stages of grief, but Kate suggests there are five actions to help you learn how to carry your grief. Plus, Norah talks about how she wants to be remembered, and Kate tells us how to show up for people who are grieving.
Harvard University has agreed to pay $53 million to resolve lawsuits by families alleging it mishandled the bodies of loved ones donated to its medical school.
GOP Sen. Ashley Moody and Democratic State Rep. Angie Nixon will face off in November after winning their primaries for U.S. Senate on Tuesday night, the Associated Press projects.
Rep. Byron Donalds won the Republican primary for governor and former Rep. David Jolly won the Democratic primary, The Associated Press projects.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The USDA's own inspector general has repeatedly raised concerns about federal oversight of dog breeders.
When inflation rises faster than workers' wages, it feels like they're getting a pay cut. Companies, meanwhile, benefit.
More than 7.2 million checks have been mailed so far, with millions more expected to go out this week, according to State Farm.
Companies that stood by their diversity efforts faced no detectable impact from investors or shoppers, researchers found.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
Five flavors of Outshine Fruit Bars sold nationwide were recalled because they may include glass, Dreyer's Grand Ice Cream said.
Prosecutors in Charlie Kirk 's killing pointed to an engraved bullet, arguing that its inscription shows Kirk was targeted for how the defendant perceived his politics.
In Alaska, the top four vote getters in the primary advance to the general election.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
President Trump ordered the exercises be scaled back, citing what he said was a good relationship with North Korean leader Kim Jong Un and South Korea's refusal to join the U.S. war against Iran.
The Trump-backed incumbent has struggled to raise money for his reelection bid as the House Ethics Committee investigates numerous allegations against him.
August is National Grief Awareness Month, and Kate Doerge wants to reimagine how we deal with grief. After the experience of losing her 16-year-old daughter, Kate decided it was time to reframe the feeling of sadness. We've all heard of the five stages of grief, but Kate suggests there are five actions to help you learn how to carry your grief. Plus, Norah talks about how she wants to be remembered, and Kate tells us how to show up for people who are grieving.
The Ebola outbreak in Congo has passed 5,000 cases, government data showed, an unprecedented rate of spread that's outpacing efforts to slow it in one of the country's remotest regions.
In this interview from 2024, former pitching ace Tommy John talked with correspondent Faith Salie about the injury to his pitching arm he suffered in 1974, and about the innovative procedure (which came to be known as "Tommy John surgery") that rescued his career – and would prolong the careers of many more professional and amateur athletes since. [John died on Aug. 15, 2026 at age 83.]
U.S. kindergarten vaccination rates have declined again, with exemptions reaching a record high for the 2025-2026 school year
Health Secretary Robert F. Kennedy Jr.'s closed-door research has yet to produce evidence linking vaccines and autism.
The bodies of two climbers who disappeared in the Swiss Alps in 1992 have been found, freed from a melting glacier, police said.
Triple-murderer Erin Patterson appeals convictions for poisoning four of her estranged husband's relatives with death cap mushrooms.
The body was buried inside a canal, resting on its left flank, with the skull facing the pyramid and the Pacific Ocean, archaeologists said.
The Ebola outbreak in Congo has passed 5,000 cases, government data showed, an unprecedented rate of spread that's outpacing efforts to slow it in one of the country's remotest regions.
The former defense minister, whose firing sparked weeks of protests, said Ukraine needed to find a way to hold elections despite the prolonged war with Russia.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
"CBS Mornings" revealed the nominees for three categories at this year's VMAs, including artist of the year.
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to discuss some of her favorite books coming to the big screen this year.
OpenAI has launched a chatbot marketed for teens that the company says will provide stronger protections as concerns over AI safety increase. Axios Chief Technology Correspondent Ina Fried joins "The Takeout" to discuss.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
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.
Artificial intelligence and the data centers powering the technology have become a flashpoint ahead of the 2026 midterm elections. Shira Ovide, a technology reporter for The Wall Street Journal, has more.
Popular American chat app Discord says it suspended livestreams in line with a Brazilian government order, amid fierce criticism over a 13-year-old girl's death.
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Prosecutors in Charlie Kirk 's killing pointed to an engraved bullet, arguing that its inscription shows Kirk was targeted for how the defendant perceived his politics.
Meta is standing trial over claims that it intentionally designed its products to be addictive and therefore harmful to children. Lance Ulanoff, editor-at-large at TechRadar, joins "The Daily Report" to discuss.
Lindsay Clancy's former mother-in-law, Susan Clancy, took the stand Tuesday to offer testimony as Lindsay Clancy stands on trial for the killings of her three children. CBS News' Shanelle Kaul has more.
Philadelphia police are searching for a man in a horror mask resembling Chucky the doll who has been terrorizing locals. Lilia Luciano has more.
The alleged killer in the case of Jared Bridegan, a former Microsoft manager who prosecutors say was the victim of a murder for hire arranged by his ex-wife and her husband, is now on trial. Jason Allen has more.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
August is National Grief Awareness Month, and Kate Doerge wants to reimagine how we deal with grief. After the experience of losing her 16-year-old daughter, Kate decided it was time to reframe the feeling of sadness. We've all heard of the five stages of grief, but Kate suggests there are five actions to help you learn how to carry your grief. Plus, Norah talks about how she wants to be remembered, and Kate tells us how to show up for people who are grieving.
A lawyer attracted unwanted attention outside Boston Federal Court following Lawrence, Massachusetts, Mayor Brian DePeña's arraignment last Friday. The mayor's attorney rear-ended a parked vehicle while attempting to leave the area and remarked that he would bring bodyguards with him next time. Prosecutors allege DePeña improperly used more than $1.5 million in COVID small-business loans.
A CBS News analysis finds crime in Washington, D.C., dropped to its lowest level since at least 2010 in the 12 months after President Trump declared a federal emergency and deployed the National Guard into the city. CBS News' Anna Schecter has more.
Oil prices on Tuesday reached their highest level since July as the war in Iran drags on without an end in site. CBS News national security analyst Aaron MacLean has more.
The head of the Justice Department's Civil Rights Division announced Monday that she's planning to deploy 1,000 federal monitors to polling places throughout the U.S. for the midterm elections. Jen Fifield, reporter for ProPublica, joins CBS News to discuss.