Trump announces trade deals with the Philippines and Indonesia
The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.
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The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.
Kyle Handley, an economist and adjunct scholar at the Cato Institute, joins CBS News to discuss the latest on tariffs and trade deals.
Car manufacturing giant General Motors said the Trump administration's tariffs are hurting its bottom line. Kelly O'Grady explains.
As we approach the Aug. 1 trade tariff deadline, President Trump has announced the details of new trade deals with both Indonesia and the Philippines. CBS News MoneyWatch correspondent Kelly O'Grady has more.
China is refusing to let a U.S. Department of Commerce employee and a Wells Fargo banker leave the country, officials say.
A 25% tariff on vehicles and auto parts imported into the U.S. has hit automakers amid President Trump's push for global trade partners to reach deals with the U.S. by Aug. 1. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Investors are bracing themselves for second-quarter corporate earnings reports. Meanwhile, Commerce Secretary Howard Lutnick said on "Face the Nation with Margaret Brennan" that the White House is expecting major trade deals over the next two weeks as President Trump's Aug. 1 tariff deadline approaches. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump's approval rating has dropped as he marks six months in office for his second term, a new CBS News poll finds. Nancy Cordes has more details.
Commerce Secretary Howard Lutnick told "Face the Nation with Margaret Brennan" that the White House expects the next two weeks to be "for the record books" with global trade deals, as President Trump's Aug. 1 tariff deadline approaches. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Millions of Americans who take advantage of the Affordable Care Act could see their health insurance costs skyrocket next year due to multiple factors, including the expiration of COVID-era subsidies. The national health information nonprofit KFF found that ACA premiums will increase by an average of 15% in 2026. Cynthia Cox, vice president and director of KFF's Program on the ACA, joins to discuss.
President Trump is threatening countries worldwide with higher tariffs starting in August. White House trade adviser Peter Navarro joins "The Takeout" to discuss.
President Trump threatens to raise tariffs, claiming the European Union won't buy U.S. cars or food — but 2024 trade data shows otherwise.
Democratic Sen. Elizabeth Warren of Massachusetts, a longtime critic of Jerome Powell, is speaking out against President Trump's threats to fire the Fed chair. Warren joins "The Takeout" to explain her position and take stock of Mr. Trump's economy.
Former Vice President Mike Pence discusses the first six months of President Trump's second term, weighs in on Mr. Trump's criticism of Federal Reserve Chair Jerome Powell, and calls on the Trump administration to "release all the files" on Jeffrey Epstein in an extended interview with "The Takeout" host Major Garrett.
Americans are starting back-to-school shopping earlier this year out of concern over tariffs, according to a new study.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
The Consumer Price Index, which tracks the changing costs of goods, rose in June for the second month in a row. Kelly O'Grady breaks down what that means.
The new Consumer Price Index showed inflation accelerated in June, a sign that President Trump's tariffs are beginning to have an impact. CBS News MoneyWatch correspondent Kelly O'Grady explains.
New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices rising at an annual rate of 2.7%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
As President Trump threatens a 30% tariff on Mexico and the European Union, some American businesses are viewing the shift in trade policy as an opportunity to expand. CBS News' Nancy Chen spoke with a cheese producer in Michigan about the potential impacts of new tariffs on the industry.
The Dow Jones finished the day down on Tuesday after new data showed inflation accelerated in June, rising 2.7% on an annual basis. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump posted on social media that he struck a trade deal with Indonesia, but gave no further details. Mr. Trump has sent a slew of tariff letters in recent weeks to trade partners, warning them to make a deal with the U.S. before Aug. 1. CBS News' Ed O'Keefe has the latest.
More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to Russia.
Consumer Price Index data for June emerged Tuesday, showing a 0.3% rise for the month and a 2.7% annual rate. CBS News' Natalie Brand has more from the White House.
As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
Ruben Ray Martinez was fatally shot in South Padre Island, Texas, in March 2025. ICE's involvement in the shooting was not disclosed until more than 11 months after the shooting.
Blizzard warnings were issued Saturday for New York City, New Jersey and coastal communities along the East Coast.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
All nine avalanche victims have been recovered from California's Sierra Nevada, Nevada County Sheriff Shannan Moon said Saturday at a news conference.
The former prince was arrested after revelations about his alleged misconduct in public office emerged in the Epstein files.
The Supreme Court divided 6-3 in finding that a federal law known as IEEPA does not authorize the president to impose tariffs.
Kaillie Humphries Armbruster won her sixth career Olympic medal, tying fellow American Elana Meyers Taylor for the most by any woman in bobsled history.
Team USA could add more gold medals to its tally, including on Sunday when the U.S. men's hockey team takes on Team Canada.
Ruben Ray Martinez was fatally shot in South Padre Island, Texas, in March 2025. ICE's involvement in the shooting was not disclosed until more than 11 months after the shooting.
Kaillie Humphries Armbruster won her sixth career Olympic medal, tying fellow American Elana Meyers Taylor for the most by any woman in bobsled history.
All nine avalanche victims have been recovered from California's Sierra Nevada, Nevada County Sheriff Shannan Moon said Saturday at a news conference.
Caleb Flynn, 37, appeared in season 12 of "American Idol." He was arrested by Tipp City police last week and charged with murder, assault and tampering with evidence.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
The recall involves 3.4 million pounds of frozen chicken fried rice products shipped to Trader Joe's locations nationwide and to retailers in Canada.
A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
Ruben Ray Martinez was fatally shot in South Padre Island, Texas, in March 2025. ICE's involvement in the shooting was not disclosed until more than 11 months after the shooting.
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
House Speaker Mike Johnson's office has denied a request to have the late Rev. Jesse Jackson lie in honor in the U.S. Capitol Rotunda due to past precedent.
The Trump administration fired an interim top prosecutor in Eastern Virginia almost immediately after he was hired by a panel of judges, deepening the conflict between the DOJ and the judiciary in that region.
The 5th Circuit Court of Appeals has cleared the way for a Louisiana law requiring poster-sized displays of the Ten Commandments in public classrooms to take effect.
Travis Corbitt's struggles to breathe led to his retirement and reliance on an oxygen tank.
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Kaillie Humphries Armbruster won her sixth career Olympic medal, tying fellow American Elana Meyers Taylor for the most by any woman in bobsled history.
U.S. speedskater Jordan Stolz finished fourth in his last race after winning two golds and a silver.
An American was among the five recovered dead after the avalanche, police said.
The former prince was arrested after revelations about his alleged misconduct in public office emerged in the Epstein files.
Team USA could add more gold medals to its tally, including on Sunday when the U.S. men's hockey team takes on Team Canada.
Say She She has been on a meteoric rise since their 2022 debut, playing major festivals and selling out venues around the world. The disco-funk group shows no signs of slowing down, recently releasing their third album "Cut & Rewind." Here is Say She She with "Under the Sun."
Say She She has been on a meteoric rise since their 2022 debut, playing major festivals and selling out venues around the world. The disco-funk group shows no signs of slowing down, recently releasing their third album "Cut & Rewind." Here is Say She She with "Cut & Rewind."
Say She She has been on a meteoric rise since their 2022 debut, playing major festivals and selling out venues around the world. The disco-funk group shows no signs of slowing down, recently releasing their third album "Cut & Rewind." Here is Say She She with "Disco Life."
The Milan Cortina Winter Games are coming to an end, with the closing ceremony taking place on Sunday. But enjoying a taste of Italy at home is easy with the iconic Aperol spritz. Here's what to know about the famous cocktail.
The U.S. News and World Report best hotels of 2026 list is full of gorgeous suites and travel inspiration. Here's what to know about the ranking.
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
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.
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
Meta CEO Mark Zuckerberg testified Wednesday in a civil case over social media addiction allegations that skyrocketing social media use shows how people value the sites and it's not a strategy to keep users addicted. Jo Ling Kent reports.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Caleb Flynn, 37, appeared in season 12 of "American Idol." He was arrested by Tipp City police last week and charged with murder, assault and tampering with evidence.
Police in Spain seized a stash of about 1,161 pounds of Papaver somniferum, also known as opium poppy.
New Mexico's attorney general has reopened an investigation into activities at a ranch once owned by convicted sex offender Jeffrey Epstein. CBS News correspondent Ian Lee has more.
The FBI investigated a possible act of terrorism outside of Las Vegas on Friday. This came after a driver armed with guns and explosives attempted to ram his car into a power facility not far from the Hoover Dam. CBS News correspondent Carter Evans has more.
Investigators in the Nancy Guthrie case have turned to genetic genealogy as they try to make the most of potential DNA evidence.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
A successful fueling test prompts NASA to press ahead toward a March 6 moonshot.
NASA's new boss blasted both Boeing and his own space agency for the botched Starliner flight that left two astronauts stuck in space for months.
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.
Just 350 miles from Washington, D.C., McDowell County, WV, is among the poorest parts of this country and many homes lack drinkable water. This Sunday, 60 Minutes visits the birthplace of food stamps to learn about the impact of looming federal cuts.
The Olympics are coming to an end and Team USA still has its eyes on the prize as the men's hockey team prepares to face Canada in the finals on Sunday. If the U.S. wins, it will be the first time they take home gold in the sport since the "Miracle on Ice" at the 1980 Lake Placid Games.
The Dominican Republic and Haiti share an island once known as Hispaniola. The two nations speak different languages but are connected by a shared history. At a New York City cafe, two friends are bringing the communities together with food.
Say She She has been on a meteoric rise since their 2022 debut, playing major festivals and selling out venues around the world. The disco-funk group shows no signs of slowing down, recently releasing their third album "Cut & Rewind." Here is Say She She with "Under the Sun."
Say She She has been on a meteoric rise since their 2022 debut, playing major festivals and selling out venues around the world. The disco-funk group shows no signs of slowing down, recently releasing their third album "Cut & Rewind." Here is Say She She with "Cut & Rewind."