EU delays retaliatory tariffs for 6 months after deal with U.S.
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.
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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.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
China is standing firm against U.S. demands that it stop buying oil from Russia and Iran.
Watch Margaret Brennan's full interview with Jamieson Greer, the U.S. trade representative, a portion of which aired on "Face the Nation with Margaret Brennan" on August 3, 2025.
As President Trump's tariffs took effect Friday, some parents are worried that the cost of school supplies might be impacted.
As President Trump's global tariffs took effect on Friday, the most recent jobs report numbers also showed that employers added 73,000 jobs in July.
Trade experts say the Trump administration's barrage of new tariffs could raise prices for consumers and cause headaches for businesses.
President Trump signed an executive order Thursday night raising tariffs on about 70 countries. CBS News' Tom Hanson has the details.
President Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a disappointing jobs report. CBS News politics reporter Kathryn Watson has more.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
Along the U.S.-Mexico border in Arizona, a brigade of soldiers is guarding the border wall as part of President Trump's plan to further increase U.S. military presence there. Charlie D'Agata reports.
The White House announced this week that duties on Canadian goods will jump from 25% to 35% starting Friday. Ed O'Keefe reports on how an anti-American boycott amid the trade war has impacted local businesses.
Friday was a very down day on the stock market after a new jobs report showed a hiring slowdown and President Trump's unveiling of higher tariffs for many top U.S. trading partners. CBS News' Kelly O'Grady and Ed O'Keefe have the latest.
U.S. Trade Representative Jamieson Greer is defending the Trump administration after a Friday report showed U.S. job growth has slowed. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan spoke with Greer and joins "The Takeout" to unpack his response.
President Trump's new tariffs on dozens of countries will go into effect on Aug. 7. Kevin Hassett, director of the National Economic Council, joins "The Takeout" to discuss the potential impact on the economy.
"Face the Nation" moderator Margaret Brennan speaks with U.S. Trade Representative Jamieson Greer. More of their interview will air Sunday on "Face the Nation."
White House press secretary Karoline Leavitt downplayed new jobs data that may signal changes in the U.S. economy. CBS News' Zak Hudak reports.
President Trump announced 25% tariffs on certain goods from India. Devina Gupta with BBC News, a CBS News partner, has more.
Countries around the world received the news of President Trump's tariff rates as August began. In Canada, a 35% tariff is bound to impact the lumber, steel and aluminum. CBS News' Natalie Brand and Elizabeth Palmer report.
President Trump announced higher tariffs on more than 60 U.S. trading partners at rates of up to 50%. They are set to begin on Aug. 7. CBS News' Nancy Cordes reports.
The latest jobs data, coupled with President Trump's tariff announcement, is impacting global stock markets. CBS MoneyWatch correspondent Kelly O'Grady reports.
CBS News senior business and technology correspondent Jo Ling Kent joins "CBS Mornings" to break down how President Trump's higher tariffs on dozens of U.S. trading partners could impact Americans.
President Trump announced higher tariffs for dozens of countries, meeting his Aug. 1 deadline. CBS News' Nancy Cordes and Elizabeth Palmer have more.