Why Trump's new tariffs are fueling economists' stagflation concerns
Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
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Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
President Trump's sweeping global tariffs are now in effect, but more data on their impact in America could be months away. Ann Berry, the host of "Brew Markets," joins CBS News with more.
About 90 countries, including the European Union, are now facing tariffs of 15% or higher as President Trump's sweeping levies go into effect. Erica Brown reports.
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.