Trump to meet with EU leader in Scotland
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.
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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.
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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.
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That's down from the 25% levies he proposed earlier this month. Japan's prime minister says duties on autos from his nation will be cut to 15% from 25%.
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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