Small business forced to close after tariffs
President Trump's sweeping tariffs on dozens of countries went into effect Thursday. Kelly O'Grady has the story of one small business in New York that won't be able to ride the tariffs out.
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President Trump's sweeping tariffs on dozens of countries went into effect Thursday. Kelly O'Grady has the story of one small business in New York that won't be able to ride the tariffs out.
President Trump's blanket tariffs on U.S. trading partners are now in effect. This means that American businesses will have to pay more to bring in foreign goods. CBS News' Javier David and Nancy Cordes have the latest.
President Trump's broad tariffs on dozens of nations took effect on Thursday following months of threats. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump's new round of sweeping tariffs against dozens of countries are now in effect, putting import tariffs at their highest levels since the Great Depression. CBS News' Kelly O'Grady and Nancy Cordes have more.
President Trump said Wednesday that there is a good chance he'll meet with Russian leader Vladimir Putin soon over Russia's war with Ukraine. CBS News White House reporter Aaron Navarro has more on that and the new Trump tariffs now in effect.
CBS MoneyWatch correspondent Kelly O'Grady breaks down the economic goals behind President Trump's sweeping tariffs that are now in effect.
President Trump posted on social media about his sweeping tariffs minutes before they took effect. CBS News' Aaron Navarro reports after Mr. Trump alluded to the legal challenge his tariffs are facing.
President Trump announced on Wednesday that an additional 25% tariff would be imposed on India in three weeks as the country continues to buy Russian oil. Last year, the U.S. imported more than $87 billion in goods from India. CBS News national security contributor Sam Vinograd breaks down the tariffs and potential impact.
President Trump's sweeping tariffs on dozens of countries are now in effect. The markets are reacting to the changes in trade. CBS News' Ramy Inocencio reports.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down President Trump's global tariffs that went into effect Thursday after deals weren't reached with dozens of countries.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
President Trump and Apple CEO Tim Cook announced a new $100 billion commitment to U.S. manufacturing on Wednesday. Peter Kafka, Business Insider chief correspondent, joins CBS News with analysis.
The White House on Wednesday slapped an additional 25% tariff on India for buying oil from Russia. Kelly O'Grady reports on the details surrounding the tariff.
The White House said President Trump's blanket tariffs on foreign goods will take effect at 12:01 am on Thursday. Meanwhile, India and Brazil are both facing a 50% tax on their goods, in part due to policy differences. CBS News' Olivia Rinaldi and Kelly O'Grady have more on the politics and tariff implications on consumers.
New tariffs from President Trump are increasing tensions with two U.S. trade partners. Joe Foudy, distinguished clinical professor of economics at the NYU Stern Business School, joins CBS News to discuss the new levies.
U.S. trading partners are in last-minute negotiations ahead of President Trump's newly imposed tariff deadline. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump is threatening to raise tariffs on Indian goods because of the country's business with Russia. It comes as he tries to put pressure on Vladimir Putin to end the war in Ukraine. CBS News White House reporter Olivia Rinaldi has more details.
While phoning into CNBC on Tuesday morning, President Trump defended his decision to fire the labor statistics commissioner following a disappointing jobs report. CBS News MoneyWatch correspondent Kelly O'Grady has more on the fallout.
President Trump has threatened a 250% tariff on pharmaceuticals in a couple of years, pressuring companies to produce the medications in the U.S. CBS News' Aaron Navarro has more details.
Dozens of higher tariffs, announced by President Trump last week, took effect Thursday. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what to know.
A Brazil Supreme Court justice ordered the house arrest of former President Jair Bolsonaro, on trial for allegedly masterminding a coup plot and a Trump ally.
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
On July 27, Ursula von der Leyen, the president of the European Commission and President Trump agreed to a deal that included a 15% tariff on most goods from the EU.
U.S. trade representative Jamieson Greer told "Face the Nation" that tariff rates are "pretty much set" ahead of President Trump's Aug. 7 deadline. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump defended Friday's firing of Bureau of Labor Statistics Commissioner Erika McEntarfer following the July's weak jobs report. Meanwhile, Mr. Trump announced a new round of sweeping tariffs on U.S. trading partners, set to take effect on Aug. 7. CBS News' Natalie Brand has the latest from the White House, and Sandra Swirski, founder and CEO of Integer, also joins to discuss.
The U.S. and Iran had appeared ready to de-escalate before the U.S. military conducted what it said were defensive strikes against Iran on Wednesday.
Former first lady Jill Biden said she thought her husband, Joe Biden, was having a stroke during the 2024 debate against Donald Trump.
After forensic evidence appeared to contradict Brian Hooker's account of where Lynette Hooker was the night she disappeared, U.S. investigators are renewing their search in the Bahamas.
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
Texas state Rep. James Talarico, the Democratic nominee for U.S. Senate in the Lone Star State, concedes some past statements during debates over transgender policy "missed the mark."
The damaged tank at Nippon Dynawave Packaging Co. held approximately 900,000 gallons of white liquor, a chemical used in paper processing, authorities said.
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
The November ballot in Texas is now set, after a four-term Republican senator lost to a Trump-endorsed challenger in Tuesday's primary runoffs. Meanwhile, Texas Democrats are angling to win their first Senate race since 1988.
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
A federal judge has given a onetime truck and bus driver charged in an assassination plot against an Iranian American writer a 10-year prison sentence.
FEMA says it's ready for hurricane season, though it's still racing to recover from months of shutdown disruptions, delayed grants and a depleted Disaster Relief Fund.
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
The S&P 500 hit a new record on Wednesday, even as soaring gas prices fuel inflation and consumer confidence sinks.
The former assistant attorney general for the Justice Department Antitrust Division, Gail Slater, was abruptly terminated in February after clashes with Pam Bondi and Todd Blanche.
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
The Insurance Institute and Consumer Reports ranked 96 of the safest cars for teens. Here's what to know.
A group of 35 former federal judges asked a court to reopen a legal dispute between President Trump and the government, calling the deal to create a $1.776 billion "anti-weaponization fund" potentially fraudulent.
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
FEMA says it's ready for hurricane season, though it's still racing to recover from months of shutdown disruptions, delayed grants and a depleted Disaster Relief Fund.
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
The November ballot in Texas is now set, after a four-term Republican senator lost to a Trump-endorsed challenger in Tuesday's primary runoffs. Meanwhile, Texas Democrats are angling to win their first Senate race since 1988.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
HGTV host and designer Ty Pennington opens up about his mother's yearslong battle with bronchiectasis, a chronic lung condition that often goes undiagnosed, and shares tips for caregivers on creating a calm environment. (Sponsored by Insmed)
President Trump said his health "checked out perfectly" after a medical checkup on Tuesday. Nancy Cordes reports.
The U.S. military carried out another round of strikes on Iran, a U.S. official confirmed to CBS News on Wednesday, another challenge to a shaky ceasefire between the two countries.
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
More than a dozen soldiers injured in Operation Epic Fury are still recovering at the military hospital.
Two CIA agents died in a car crash while accompanying soldiers and state prosecutors in a raid of a drug lab in Chihuahua.
The U.S. is in the process of setting up a quarantine facility in Kenya for Americans who were exposed to Ebola or infected with the deadly illness.
Grammy Award-winning artist Estelle released her sixth studio album, titled "Stay Alta," and joins CBS News 24/7 Mornings to reflect on her career and discuss what this record means for her.
Comedian Josh Johnson talks with "CBS Mornings" about finding humor in everyday life, how storytelling is at the center of his jokes and his first HBO special, "Symphony."
There were 12 new categories this year at the American Music Awards, which were held on Memorial Day. For the second time at the awards show, BTS took home the night's biggest prize.
Comedian Josh Johnson talks to CBS News' Vladimir Duthiers about his journey from becoming a writer to a correspondent and host on "The Daily Show," his new special, "Josh Johnson: Symphony" on HBO Max, how his family influenced his comedy and more.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
YouTube unveiled a new AI labeling system on Wednesday, aiming to make it easier for viewers to distinguish between real and AI content. CNET editor-at-large Scott Stein joins CBS News to break down the change.
YouTube said it will automatically label photorealistic content created by AI, the video platform said.
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.
More than 1 billion people worldwide use artificial intelligence chatbots, but just how accurate are the answers? Forum AI released results from its latest study to determine the accuracy of chatbots in news and current events. Robbie Goldfarb, co-founder of Forum AI, joins CBS News to discuss.
CBS News' Chris Livesay gets an inside look at how the U.S. military is using artificial intelligence on the battlefield.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
New forensic evidence appears to contradict Brian Hooker's account of where he says he was the night his wife Lynette went missing in the Bahamas. Cristian Benavides has the details.
"Friends" star Matthew Perry drowned in his hot tub in 2023 under the effects of ketamine. The 54-year-old's longtime personal assistant, who gave him the fatal injection, pleaded guilty to conspiracy and was sentenced to over three years in prison.
An infrared camera mounted on the sailboat used by Brian and Lynette Hooker in the Bahamas could contain clues about her disappearance, CBS News has learned. Cristian Benavides has more.
Xu Yao was found guilty of killing Lin Qi, the founder of the company that holds the film adaptation rights for the blockbuster sci-fi trilogy "The Three-Body Problem."
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
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.
Timothy Hudson, the 16-year-old charged with sexually assaulting and killing his 18-year-old stepsister, Anna Kepner, will remain free for now while a judge considers arguments following a hearing Wednesday. CBS News' Katrina Kaufman has the latest updates.
Former President Joe Biden is suing the Justice Department to block the release of audio and transcripts from his private interviews with a ghostwriter that later became part of a special counsel investigation into his handling of classified documents. CBS News legal contributor Jessica Levinson has more.
Members of Congress offered their congratulations to Major Garrett on Wednesday as "The Takeout" marked one year on CBS News 24/7.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
Democratic strategist Joel Payne and Republican strategist T.W. Arrighi join "The Takeout" with their thoughts on Ken Paxton's win in the Texas GOP Senate primary and President Trump's recent comments that he doesn't care about the upcoming midterm elections.