Trump announces 25% tariff on India
President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
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President Trump announced tariffs of 25% on imports from India — in addition to an unspecified "penalty."
Stela Perez makes jeans, tops and dresses out of her fashion company, A Cut Above the Rest LA, but says the price of materials and labor has recently decimated her "made in America" business. Jo Ling Kent reports.
Economists says the new U.S.-EU trade pact averts a trade war and eases uncertainty, but locks high tariffs into place.
Opening arguments start Thursday in a federal case that could upend President Trump's signature trade policy.
Trump says he's "very disappointed" with Vladimir Putin, and he's shortening the deadline for the Russian leader to agree a ceasefire with Ukraine.
President Trump struck a deal between the U.S. and the European Union just days before a 30% blanket tariff on European goods was set to go into effect. Kelly O'Grady has details.
President Trump has struck a deal with Europe to head off a trade war. It avoids the 30% import tax the president had threatened to impose on European goods beginning Aug. 1. Instead, the tariffs will be about half that amount. The Europeans, in return, will spend hundreds of billions of dollars on U.S. products. Weijia Jiang has more.
President Trump and the European Union announced a trade deal on Sunday ahead of Mr. Trump's Aug. 1 tariff deadline. CBS News MoneyWatch correspondent Kelly O'Grady has more on where trade deals with other countries stand.
President Trump announced the U.S. and European Union reached a trade deal that includes a 15% tariff on imported goods and a promise by the EU to purchase $750 billion worth of American energy. CBS News MoneyWatch correspondent Kelly O'Grady has more on why the announcement is fueling investor optimism.
President Trump is meeting with British Prime Minister Keir Starmer in Scotland as more news emerge about his tariff negotiations. Republican strategist Kevin Sheridan and CBS News political contributor Joel Payne join "CBS News Mornings" to discuss how effective Mr. Trump's tariff threats have been.
President Trump and the European Union have announced a trade deal following Mr. Trump's meeting with EU president Ursula von der Leyen on Sunday in Scotland. CBS News' Natalie Brand has the latest, while Koen Verhelst, a trade reporter for POLITICO, joins with details on the agreement's framework.
The National Retail Federation says more parents than ever are bracing for price hikes and are trying to get ahead of the Aug. 1 tariff deadline by shopping for school supplies in the middle of summer. Ali Bauman has more.
European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.
President Trump traveled to Scotland on Friday to visit his golf courses and discuss trade with foreign leaders. CBS News senior White House correspondent Weijia Jiang has the details.
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
Protesters plan to greet Trump as he visits Scotland, but what do the locals near — and even in the middle of — his luxury golf resort think?
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
President Trump said there's a "50-50 chance, maybe less than that" the U.S. would reach a trade deal with the European Union. Mr. Trump is headed to Scotland, where he's slated to meet with U.K. Prime Minister Keir Starmer during his four-day private trip. CBS News' Kelly O'Grady has more.
President Trump has threatened to impose a 30% tariff on imports from the European Union's 27 member countries if no trade deal is reached by Aug. 1.
President Trump visited the Federal Reserve on Thursday, where he publicly disagreed with its chair, Jerome Powell, about the central bank's renovation costs. Following the tour, Mr. Trump denied tensions between himself and Powell, saying they had a "good meeting." CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump visited the Federal Reserve on Thursday to tour its multi-billion-dollar renovation project. It comes amid his repeated public attacks on Fed Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
House Speaker Mike Johnson told CBS News chief Washington correspondent Major Garrett that he understood President Trump's frustration with Federal Reserve Chairman Jerome Powell, adding that it's going to be "a rocky road" for the Fed chair between now and the end of his term in May 2026. CBS News MoneyWatch correspondent Kelly O'Grady and Barron's senior writer Martin Baccardax join with analysis.
President Trump toured renovations at the Federal Reserve headquarters with Chair Jerome Powell on Thursday. The visit comes amid the president's criticism of Powell over the central bank holding interest rates steady. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Trump is set to visit Scotland, his mother's ancestral home, where he owns two golf courses, for a mix of business and pleasure. But some Scots are taking no pleasure.
U.S. agriculture secretary credits Trump as Australia announces easing of restrictions on U.S. beef imports. But will Aussie consumers take advantage?