With court's tariff ruling, U.S. businesses could be due refunds
The U.S. government could have to refund domestic businesses billions in tariffs, should the Supreme Court uphold a recent federal appeals court ruling.
Watch CBS News
The U.S. government could have to refund domestic businesses billions in tariffs, should the Supreme Court uphold a recent federal appeals court ruling.
A new CBS News poll finds Americans' views of the economy remain negative. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
President Trump faces several ongoing legal challenges over the extent of his executive power. Jessica Levinson joins to discuss.
An appeals court ruled last Friday that many of President Trump's tariffs are illegal, but declined to immediately block them. Akin Oyedele, deputy editor of newsletters for Business Insider, joined CBS News to discuss the market reaction to the decision.
Labor Day protests broke out across the U.S. on Monday, challenging President Trump's recent economic and immigration policies. CBS News' Tom Hanson has the latest.
Congressional lawmakers return to Capitol Hill on Tuesday following the August recess, and a looming Sept. 30 funding deadline is expected to be the main focus. CBS News' Natalie Brand has the latest from the White House.
President Trump's signature tariff policies are in legal jeopardy after a federal appeals court on Friday declared most of them illegal. CBS News business contributor Javier David examines how much of a blow the ruling signifies to the president's agenda.
The leaders of China, Russia and India are putting their friendly relationship on full display at the 2025 Shanghai Cooperation Organization summit. CBS News national security contributor Sam Vinograd joins with analysis.
A federal appeals court over the weekend ruled President Trump overstepped his authority when he imposed most of his reciprocal tariffs. CBS News legal contributor Jessica Levinson has more.
President Trump has claimed the authority to bypass Congress and impose sweeping tariffs, but a new ruling throws that in doubt.
The Trump administration has ended the de minimis exemption, implementing tariffs on most items shipped to the U.S. that have a value under $800. The change is already sparking confusion for international delivery services and businesses, with some shipments paused. Carter Evans has more.
As of Aug. 29, shipments to the U.S. valued at less than $800 are subject to tariffs, potentially resulting in surprise costs for consumers.
An exemption that allowed low-value parcels shipped to the United States to avoid tariffs has ended, the Trump administration said. Imtiaz Tyab has more on the fallout.
A federal appeals court on Friday ruled that most of President Trump's global tariffs are unconstitutional. Plus, a federal judge heard arguments on Friday from Federal Reserve Governor Lisa Cook's lawyers for an emergency temporary restraining order to block President Trump from ousting her. CBS News White House reporter Aaron Navarro has more.
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
The Trump administration is scrapping the de minimis tax exemption for parcels valued at $800 or less. BancAlliance's Lori Bettinger joins CBS News with more details.
An exemption that allowed low-value parcels shipped to the U.S. to avoid tariffs has ended, Trump administration officials say.
President Trump's steep 50% tariff on Indian goods is now in effect. The president had initially announced a 25% tariff on India, but earlier this month he signed an executive order imposing an additional 25% tax because India buys Russian oil. CBS News business contributor Javier David has more.
Here's why American appliance maker Whirlpool thinks Trump's tariffs will help its business.
Whirlpool, which makes 80% of its appliances in the U.S., is looking to ramp up production as the Trump administration's new tariffs take effect. Senior vice president Jason Ebert talks about how the company hopes tariffs will help it compete with foreign rivals.
President Trump's praise of a controversial ad campaign gave American Eagle a boost, but his tariffs weigh heavier than words. "CBS Evening News" co-anchor John Dickerson explains.
India, France and Austria joined a growing list of countries Monday that have suspended postal shipments to the United States over President Trump's import tariffs. CBS News senior business and tech correspondent Jo Ling Kent has more.
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.