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.
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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.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
The Minnesota National Guard has been mobilized at the direction of Gov. Tim Walz, but had not yet been deployed to city streets.
Prime Minister Benjamin Netanyahu's office said in a statement that the Gaza executive committee was "not coordinated with Israel and is contrary to its policy."
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Federal prosecutors are investigating Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey for allegedly impeding immigration agents, sources told CBS News, an extraordinary escalation in the Trump administration's clash with Democratic leaders.
John Harbaugh, the 63-year-old former head coach of the Baltimore Ravens, agreed to a 5-year contract to coach Big Blue.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
The Minnesota National Guard has been mobilized at the direction of Gov. Tim Walz, but had not yet been deployed to city streets.
The White House held an event with a bipartisan group of governors to push for reforms in the largest electric grid in the country.
Sgt. Bo, a therapy dog who has provided constant comfort to survivors of a 2023 Nashville school shooting, was the American Humane Society's 2025 Hero Dog Award winner.
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow to millions of Americans.
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
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.
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Gov. Abigail Spanberger will be referred to with traditional formality: "Madam Governor" or, as some officials phrase it, "her excellency."
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
A bipartisan U.S. Congressional delegation's comments in Denmark contrasted with those emanating from the White House.
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
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.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Elite mountaineer Jim Morrison, fueled by a promise he made to his deceased partner, ascended and then skied down Mount Everest's treacherous North Face.
The Olympic Winter Games in Milan are scheduled to open on February 6, 2026.
Prime Minister Benjamin Netanyahu's office said in a statement that the Gaza executive committee was "not coordinated with Israel and is contrary to its policy."
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Won't You Speak Your Mind."
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Dandelions."
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Back to the Wind."
Federer played exhibition doubles matches with past champions Andre Agassi and Ash Barty.
In an exclusive interview with "CBS Mornings," Alicia Keys reflects on "Hell's Kitchen's" Broadway run ending after nearly two years of sold-out performances. The musical is inspired by Keys' own experiences and will continue its national tour. She speaks about the decision for it to leave Broadway and how she has found a healthy relationship with success.
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.
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.
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.
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.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
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.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
This past July, police in California raided the home of Guojun Xuan and Silvia Zhang over allegations of possible child abuse. The couple's 21 children, mostly surrogate-born, were taken into state custody as an investigation began. In the months since their arrest and release, the couple has had at least five more surrogate-born babies. The couple is now fighting for custody of all of their children and is suing some of their surrogates in the process. CBS News legal reporter Katrina Kaufman has more.
Lawyers for the man accused of killing Turning Point USA founder Charlie Kirk are trying to disqualify one of the prosecutors on the case. CBS News reporter Andres Gutierrez has more.
U.S. Immigration and Customs Enforcement is holding about 73,000 people facing deportation, a new record high, according to data. CBS News' Camilo Montoya-Galvez reports.
A Minneapolis Fire Department report obtained by CBS News details Renee Good's apparent injuries and other details about the shooting. CBS News' Ian Lee reports.
A federal indictment alleges some college basketball players were bribed to play poorly in a point-shaving scheme. Citadel professor Sean Patrick Griffin joins CBS News with more details.
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 NASA crew splashed down off the coast of California on Thursday weeks earlier than scheduled due to an astronaut aboard the International Space Station dealing with a medical issue. Mark Strassmann reports on the unprecedented mission home.
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.
ACF Fiorentina owner Rocco Commisso died Saturday at age 76. 60 Minutes spoke with the billionaire in 2023 about his journey from building New York-based cable TV empire Mediacom to owning a soccer club in Florence, after initialing moving to the U.S. at age 12 with his family from southern Italy.
"CBS Saturday Morning" meets Jim Morrison, the mountaineer who became the first to successfully ski down Mount Everest's North Face. He enlisted a camera crew to document the harrowing journey.
Saturday marks the 320th anniversary of Benjamin Franklin's birth, and "CBS Saturday Morning" breaks down the Founding Father's impact on the U.S. and reigning popularity.
"CBS Saturday Morning" breaks down the weekend slate of NFL Playoff games with CBS Sports' Adam Schein.
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Won't You Speak Your Mind."