Stocks slump Monday after Trump threatens new tariffs on certain countries
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Tariffs
Trump sends tariff threats to 14 countries
President Trump said the U.S will impose 25% tariffs on goods from South Korea and Japan by August 1, while also threatening to hit a dozen other nations with steep import duties by next month. Kelly O'Grady has more.
Trump and Netanyahu meeting at White House
Israeli Prime Minister Benjamin Netanyahu is in Washington, D.C., for his third meeting with President Trump this year. CBS News White House reporter Olivia Rinaldi has the details.
Breaking down Trump moves on tariffs
In letters sent to 14 countries, including Japan and South Korea, President Trump said they could face anywhere from a 25% to 40% tariffs. Meanwhile, the president is hosting Israeli Prime Minister Benjamin Netanyahu at the White House. Ed O'Keefe has the latest.
Trump's new tariff deadline: What to know
President Trump notified Japan, South Korea and another dozen countries on Monday that they would face 25% tariffs on all exports to the U.S. starting Aug. 1. CBS News senior White House and political correspondent Ed O'Keefe reports.
Dow closes red after fresh tariff threats
The Dow Jones closed down over 400 points on Monday as President Trump sent letters to foreign countries warning of tariff increases that would go into effect August 1. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
White House pushing back tariff deadline
The White House had told trade partners to make a deal with the U.S. or face increased tariffs by July 9, but now that date is being pushed back. CBS News senior White House and political correspondent Ed O'Keefe reports.
Markets react to newest tariff threats
The White House sent letters to warn countries about reaching trade deals before President Trump's 90-day tariff pause expires. CBS News MoneyWatch correspondent Kelly O'Grady has the latest on how markets are reacting to the newest tariff threats.
Trump pushes for trade deals
President Trump set a 90-day tariff pause in April that is set to expire Wednesday. Ahead of the reinstatement, the White House is pressuring countries to finalize trade deals. CBS News' Olivia Rinaldi has the latest details.
How Trump's tariff deadline affects trade
The White House is putting pressure on certain countries to make trade deals ahead of President Trump's looming deadline. CBS MoneyWatch correspondent Kelly O'Grady breaks it down.
White House warns about tariff roll out
President Trump's 90-day pause on global tariffs announced in April is nearing its expiration, and the White House warned that steeper tariffs could roll out at the beginning of August. CBS News' Natalie Brand has the latest.
U.S. warns trading partners higher tariffs could roll out next month
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
Trump tariff notices set to begin this week
The Trump administration is expected to send dozens of letters this week to countries that have not made a trade deal with the U.S. Willie James Inman reports.
Hassett on tariff deadline
White House National Economic Council Director Kevin Hassett tells "Face the Nation with Margaret Brennan" that as the deadline approaches for President Trump's "reciprocal tariffs," there are "some negotiations" for trade deals in the works. "The rough outlines of the deals are becoming clear to everybody," Hassett said.
Trump turns attention to trade after bill signing
The deadline is fast approaching for countries to make new tariff agreements with the U.S. or face a higher rate. The Trump administration is putting them on notice. Willie James Inman has the details.
Missouri fireworks retailer worried about tariffs
President Trump lit the fuse on sweeping tariffs on April 2, which he called "Liberation Day." Ian Lee explains how import taxes on fireworks could affect America's 250th birthday celebration, next year.
Trump signs budget bill as tariff deadline looms
President Trump brought pomp and circumstance to his signing of the "big, beautiful bill" on Friday, with an Independence Day ceremony at the White House that included a B-2 bomber flyover. Scott MacFarlane reports.
Tariffs could spell trouble for fireworks shows
Fireworks, a hallmark of July 4th celebrations, are feeling the impact of President Trump's trade war with China. CBS News correspondent Ian Lee spoke to a Missouri fireworks distributor about the issue.
U.S. tariffs on dozens of countries could surge on July 9. Here's why.
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
How tariffs may impact fireworks celebrations
Millions will gather across the U.S. for the dazzling sights of fireworks to mark the Fourth of July, but the tradition relies almost exclusively on China. The Asian country makes nearly all of the fireworks that are used in the U.S. It's causing problems for fireworks retailers, many of them small businesses, because of the uncertainty of President Trump's tariffs. CBS News' Ian Lee reports.
Fireworks supplier feeling the pinch over tariffs
With the Fourth of July comes sky-high demand for fireworks, but this year, soaring tariffs could dull the show. Elise Preston reports.
Trump administration, EU holding talks
The Trump administration is holding chats with representatives of the European Union to discuss trade as the tariffs deadline looms. CBS News' Ramy Inocencio reports.
Trump announces U.S. trade deal with Vietnam
President Trump on Wednesday announced a trade deal between the U.S. and Vietnam. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump announces U.S. has reached trade deal with Vietnam
President Trump announced the outline of a trade agreement with Vietnam Wednesday on Truth Social.
Business owner used 1.8 million credit card points to pay tariff costs
The owner of an Oklahoma maker of guitar pedals has had to get creative to absorb higher import costs.
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