Reporter's Notebook: Who pays for tariffs?
As officials debate who pays for tariffs, small business owners say the answer is on their import bill. "CBS Evening News" co-anchor John Dickerson explains.
Watch CBS News
As officials debate who pays for tariffs, small business owners say the answer is on their import bill. "CBS Evening News" co-anchor John Dickerson explains.
Treasury Secretary Scott Bessent told House lawmakers Tuesday that progress is being made on foreign trade talks, but not with China. That could change on this week though. CBS News MoneyWatch correspondent Kelly O'Grady has more on this and other economic news of the day.
President Trump's tariffs could be "the nail in the coffin for many of us," the owner of a Portland, Oregon, clothing store said.
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.
Rising import costs are squeezing small businesses. Many say it feels just like the early days of the COVID-19 pandemic. "CBS Evening News" co-anchor John Dickerson explains.
In Louisiana, we learn how a devastating drought has greatly diminished the area’s crawfish supply. Then in Ohio, we tour a small business that’s seeing promising results from a four-day work week model. Watch these stories and more on Eye on America with host Michelle Miller.
Some small business owners are concerned that the high cost of President Trump's tariffs on imports could shutter their companies. CBS MoneyWatch reporter Megan Cerullo has more.
Triple-digit U.S tariffs on China will "wipe out our business completely," one small business owner says.
The owner of a small stationery business based in Pensacola, Florida, says her company is facing up to $1 million in tariff payments this year alone under the Trump administration's new tariffs.
Emily Ley has built her small business Simplified over the last 17 years. The Pensacola company produces its planners in China for American shoppers -- imports that are now subject to sky-high tariffs. Jo Ling Kent reports.
President Trump has said one of the goals of his sweeping tariffs is to encourage American businesses to manufacture in the U.S. Wired senior writer Zeyi Yang joins "The Daily Report" to discuss the challenges small businesses face shifting production from China to the U.S.
A bookstore in Boston is the only Black-owned bookstore in the city and it's been a hotspot for almost 20 years.
With Wall Street's roller-coaster ride continuing, "The Daily Report" analyzes why some experts are warning the U.S. could be heading toward a bear market across all major indexes. After that, Hilary Milnes, Americas editor at Vogue Business, joins "The Daily Report" to discuss the impact of tariffs on small businesses.
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."
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.
President Trump will impose 25% tariffs on all imported vehicles and auto parts starting April 3. Sam Darwich, owner of Northwestern Auto Repair in Farmington Hills, Michigan, joins CBS News to discuss how the tariffs could impact his business.
Six months after Hurricane Helene devastated parts of the southeastern U.S., Ashville Tea Company founder and CEO Jessie Dean joins "The Daily Report" to discuss the rebuilding efforts.
One day after signing an executive order to begin dismantling the Department of Education, President Trump provided more insight on his plan to reallocate the department's responsibilities. CBS News MoneyWatch reporter Megan Cerullo reports.
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. Kelly O'Grady examines the latest on the trade war.
Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains.
President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff back-and-forth between the U.S. and its northern neighbor. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
It's been just over two months since wildfires burned through Los Angeles, killing more than two dozen people and displacing tens of thousands. California officials say they've finished cleaning up nearly all of the toxic debris, but the rebuilding efforts are just getting underway. Kristina Levy, whose Pacific Palisades pizzeria burned down, joins CBS News to share how she's recovering.
America's greeting card industry generates about $7.5 billion a year, including about $1.4 billion in spending on Valentine's Day alone. But it's not just big companies like Hallmark and American Greetings making the cards.
The Trump administration's steps to dismantle the U.S. Agency for International Development has drawn sharp criticism and concern. Keith Ives, a USAID contractor who measures the estimated impact of the organization's programs, joins "America Decides" to discuss how the moves could negatively affect American jobs and small businesses.
President Trump's tariff threats have some major companies on alert, but the possible ramifications are also concerning many small business owners. Bobby Djavaheri, president of the Los Angeles-based company Yedi Houseware Appliances, joins CBS News to share his perspective.
Trump says the U.K. decision to hand a strategic island to Mauritius, which he previously supported, was stupid, and justification for his attempt to acquire Greenland.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
A U.S. citizen detained by ICE at gunpoint in his underwear in frigid conditions in Minnesota asks, "What did I do wrong?" The Associated Press says
A new study finds that warming temperatures are causing Antarctic penguins to breed earlier, threatening some species with extinction by century's end.
The death toll from the train crash in southern Spain continues to rise as officials are left perplexed by the cause, but rule out sabotage.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
President Trump has reshaped America's approach to foreign policy, pressured political enemies, downsized the federal workforce and prioritized deportations his first year in office.
A U.S. citizen detained by ICE at gunpoint in his underwear in frigid conditions in Minnesota asks, "What did I do wrong?" The Associated Press says
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
Dr. Rachel Nazarian, a board-certified dermatologist, joins "CBS Mornings" to share her tips for saving your dry winter skin.
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
A new study finds that warming temperatures are causing Antarctic penguins to breed earlier, threatening some species with extinction by century's end.
Ancient messages and drawings are among hundreds of inscriptions that archaeologists recently uncovered on a wall in Pompeii.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
The 19-year-old woman was found on a beach at K'gari. Police said her body had been "interfered with" by dingoes.
Authorities warned that recent rainfall has left the water off area beaches murky, which increased the risk of bull shark attacks.
The cast of the series "Queer Eye" talks to "CBS Mornings" about a member of the show's absence, the series' legacy ahead of its 10th and final season and how it has impacted them.
Acclaimed fashion designer Valentino Garavani, known simply as Valentino, has died at age 93. Seth Doane looks back at his life and legacy.
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
As a young boy, Judd Apatow says he wanted to grow up to be like the director of such classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol: "Mel Brooks: The 99 Year Old Man!"
"Sunday Morning" looks back at historical events on this date.
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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.
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
The Trump administration is navigating multiple lawsuits surrounding federal immigration raids in Minnesota. CBS News' Camilo Montoya-Galvez reports.
The woman prosecutors say was the "mastermind" of Minnesota's biggest COVID-era fraud scheme is speaking exclusively with CBS News. Last year, Aimee Bock was convicted of orchestrating a $250 million plot to defraud a government program to feed hungry children. In a video call from her Minnesota jail cell, Bock defended her actions while also admitting regrets.
Authorities released an image from the operation, showing a naval helicopter hovering above a vessel with packages laid out on the deck.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
A state judge and his wife were shot inside their home in Indiana on Sunday. Both survived, and a manhunt is on for the shooter, who apparently fired a shotgun through the door of their Lafayette home. Matt Gutman has the latest.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
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.
The cast of the series "Queer Eye" talks to "CBS Mornings" about a member of the show's absence, the series' legacy ahead of its 10th and final season and how it has impacted them.
Spain is observing three days of national mourning after a massive train crash that killed at least 40 people, according to officials. CBS News' Chris Livesay reports.
President Trump will face shocked European leaders in Davos, Switzerland, as he remains defiant in his stance on Greenland. CBS News' Holly Williams reports.
President Trump insists the U.S. needs Greenland to bolster its national security, which has belonged to Denmark for more than two centuries. His efforts are facing strong opposition from European allies in NATO. Former GOP Sen. Kay Bailey Hutchison, who was U.S. ambassador to NATO during Mr. Trump's first term, joins "CBS Mornings" to discuss his foreign policy approach and its impact with U.S. allies.
President Trump's approach to foreign policy, which includes his stances on the Israel-Hamas war, the Russia-Ukraine war and tariffs, has helped define his first year in office for a second term. Michael E. O'Hanlon, a director of research at the Brookings Institution, joins CBS News' with more.