U.S. steelmaker shares jump after Trump hikes industry tariffs to 50%
Shares of several major U.S. steel companies jumped Monday after President Trump said he would hike tariffs to 50%.
Tariffs
Trump, Xi will speak soon, official says
President Trump will speak with Chinese President Xi Jinping at some point in the near future, according to Treasury Secretary Scott Bessent. This comes after Mr. Trump said that China violated its trade agreement with the U.S. CBS News' Natalie Brand has the latest.
Trump's tariff hike on steel causes new uncertainty
President Trump on Friday announced a doubling of tariffs on foreign imports of steel and aluminum from 25% to 50%, which could threaten to impact the prices of cars, appliances and even construction supplies. Taurean Small has details.
Elon Musk gets Oval Office sendoff
Hours after Elon Musk's farewell ceremony in the Oval Office, a U.S. appeals court denied the Trump administration's request to resume mass firings of federal employees. Meanwhile, President Trump returned to a key battleground state for a rally after declaring new steel tariffs and announcing a deal with Japan's Nippon Steel.
Trump doubles steel tariffs as deal sparks hope
With his tariffs facing legal challenges and no big trade deal yet, President Trump hoped for an economic boost through what he called a "planned partnership" between Japan's Nippon Steel and U.S. Steel, which could save tens of thousands of jobs nationwide, including at least 11,000 around West Mifflin, Pennsylvania. Ed O'Keefe has more.
Trump announces doubled tariffs on steel
On Friday in Pennsylvania, President Trump announced that "we are going to be imposing a 25% increase, from 25% to 50%, the tariffs on steel into the U.S., which will even further secure the steel industry in the U.S." CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Fed's preferred gauge shows inflation cooling
New economic data released on Friday showed higher U.S. personal income, a softening of inflation and lower trade deficits. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Trump tariff, trade deal updates
President Trump's sweeping tariffs were temporarily reinstated following a federal appeals court decision on Thursday. This comes after a federal trade court previously blocked most of Mr. Trump's levies against foreign nations. CBS News' Nancy Cordes breaks down the latest from the White House.
Uncertainty in battle over Trump's tariffs
A federal appeals court says President Trump's tariffs can stay in place for now. This came after the court of international trade ruled that they are likely illegal. The back-and-forth is happening as Elon Musk leaves his White House role. He told "CBS Sunday Morning" prior to the announcement of his departure that he has some "differences of opinion" with the Trump administration. Watch more of Pogue's interview with Musk this Sunday, only on "CBS Sunday Morning."
Big Lots leadership on impact of tariffs
Lisa Seigies, president and CEO of Variety Wholesalers, which purchased assets from the Chapter 11 bankruptcy of Big Lots last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.
Trump met with Fed chair Powell
President Trump met with Federal Reserve Chair Jerome Powell at the White House as the nation navigates prolonged inflation and a period of economic uncertainty. CBS News chief White House correspondent Nancy Cordes has more details.
White House reacts to tariff news
A federal appeals court temporarily reinstated President Trump's sweeping tariffs on Thursday, following an earlier decision by a federal trade court to block most of the levies Mr. Trump imposed against foreign nations. Also, it is Elon Musk's final official day as a "special government employee." CBS News' Natalie Brand has the latest from the White House.
Breaking down court rulings on Trump tariffs
A federal international trade court ruled that many of President Trump's tariffs exceeded presidential power -- then a federal appeals court reinstated them. What does it mean? Tad DeHaven, policy analyst at the Cato Institute, joins to discuss.
Business owner reacts to tariff flip-flopping
The last 24 hours have been a rollercoaster for businesses big and small -- now ensnared in a legal back-and-forth. It's also left many American companies in financial limbo, when all they want is some certainty. Jo Ling Kent reports.
Hochul on tariffs: Trump "exceeded authority"
As President Trump's "Liberation Day" tariffs work their way through the courts, New York Gov. Kathy Hochul joins "The Takeout" to discuss the economic impact on her state, immigration raids and more.
Kathy Hochul on Trump's tariffs and more
In this full interview between New York Gov. Kathy Hochul and CBS News chief Washington correspondent Major Garrett, Hochul slams the Trump administration for ICE raids on some undocumented immigrants, defends Manhattan's congestion pricing and explains her "complex" relationship with President Trump.
Trump slams Wall Street's "TACO" acronym
President Trump is pushing back on Wall Street's new "TACO" acronym that's being used to describe his economic policies. The acronym stands for "Trump Always Chickens Out." Political strategists Joel Payne and Matt Gorman, along with CBS News chief White House correspondent Nancy Cordes, join to discuss.
Legal issues over Trump's tariffs to continue
President Trump's efforts to reorient global trade has sparked a legal whirlwind. After two separate rulings halted Mr. Trump's global tariffs, a federal appeals court blocked that decision, allowing his plan to go forward as the legal challenges unfold. CBS News' Olivia Rinaldi and Barron's senior markets analysis writer Paul La Monica break it all down.
What to know about Trump's tariffs after court rules them illegal
A federal court on Wednesday froze the April 2 tariffs imposed by President Trump on almost every foreign nation. Here's what that means.
Appeals court temporarily reinstates Trump tariffs
The U.S. Court of International Trade blocked Trump's 10% tariff assessed on nearly every U.S. trading partner and duties on imports from Mexico, Canada and China.
Court strikes down most of Trump's tariffs, ruling them illegal
A federal court on Wednesday blocked most of the sweeping tariffs imposed by President Trump.
What to know about the federal court that blocked Trump's tariffs
The Court of International Trade has dealt a serious blow to President Trump's tariff policy. Here's what to know about the court.
Appeals court reinstates Trump tariffs for now
A federal appeals court on Thursday reinstated President Trump's sweeping tariffs, less than 24 hours after a federal trade court ruled that the levies were illegal. CBS News White House reporter Olivia Rinaldi has more.
Uncertainty continues for Trump tariffs
The White House is denouncing a court ruling that halts President Trump's so-called "liberation day" tariffs, but the markets are responding favorably. Kristin Myers, editor-in-chief at ETF.com, joins CBS News to discuss what comes next for the tariffs.
Leavitt reacts to tariff ruling against Trump
White House press secretary Karoline Leavitt voiced her displeasure Thursday after a court halted President Trump's sweeping tariffs on goods imported from almost every foreign nation. CBS News correspondent Natalie Brand has more.
Dolly Parton, country music legend, dies at 80 after brief cancer battle
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
Live
Iran, Oman edge toward Strait of Hormuz reopening plan, but Tehran demands U.S. lift blockade
The two nations, which lie on opposite sides of the vital, narrow waterway, discussed a proposal to temporarily reopen it and clear mines.
First on CBS
CIA Director John Ratcliffe on secret trip in Russia
A U.S. Air Force Boeing C-17A Globemaster III transport plane was spotted at a Moscow airport, along with a U.S. diplomatic motorcade, according to public reports.
Sen. Darline Graham projected to win runoff in South Carolina GOP Senate primary
Sen. Darline Graham won the GOP Senate runoff in South Carolina on Tuesday night, CBS News projects, defeating Rep. Ralph Norman in the special primary to replace Graham's late brother, Sen. Lindsey Graham, on the ballot.
DOJ warns Kennedy Center could be knocked down if renovations blocked
The Trump administration said it may need to demolish the Kennedy Center if a plan to close the building for two years as part of a controversial renovation project pushed by President Trump and the organization's board is blocked.
Ontario's Doug Ford says Trump is "treating us like we're Communist China"
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
3 Secret Service officials put on leave amid probe into "potential misconduct"
The Secret Service's chief of communications and two other staffers have been placed on leave pending an investigation into "potential misconduct," U.S. officials told CBS News.
Judge delays custody decision in surrogacy fight over newborn with heart defect
Dallas judge has delayed a custody decision, extending a temporary restraining order another two weeks as the legal fight over custody of a baby with a rare heart defect born to a surrogate continues.
Fire in Pakistan hospital nursery kills 14 newborns, officials say
A fire at a nursery in a major government hospital in Pakistan's capital killed 14 newborns, hospital officials and the government said.
U.S.
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College student fatally shot by police after knocking on wrong door
Glenn Pysher was trying to find his friends when he accidentally knocked on the door of the wrong house. The homeowners called 911 to report an attempted break-in.
Philadelphia's Chucky-style masked man arrested in Las Vegas
U.S. Marshals say 22-year-old Zymire Hughes was arrested Tuesday night in Las Vegas, Nevada.
Judge delays custody decision in surrogacy fight over newborn with heart defect
Dallas judge has delayed a custody decision, extending a temporary restraining order another two weeks as the legal fight over custody of a baby with a rare heart defect born to a surrogate continues.
Bureau of Prisons No. 2 official who was pardoned for drug crimes departs
Josh Smith had a tense relationship with BOP's employees, and some staffers had raised questions about contracts awarded during his year-long tenure.
Ontario's Doug Ford says Trump is "treating us like we're Communist China"
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
MoneyWatch
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Ontario's Doug Ford says Trump is "treating us like we're Communist China"
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
Survey pinpoints the behavior on planes that people find most annoying
Here's what travelers think about shared armrests, reclined seats and fellow passengers' use of tech on planes.
Musk's SpaceX announces $100 billion plan for new spaceport in Louisiana
Elon Musk's space company plans to spend $100 billion to build a new spaceport in Louisiana to launch rockets, state officials and the company announced.
SNAP restrictions cut soda sales but raise stigma concerns, study finds
Banning people from using food stamps to buy sugary drinks helps lower consumption, proponents say. Are such restrictions a good idea?
Canada announces tariffs of up to 50% on $20 billion in U.S. goods
Canadian government officials said they are also providing aid for workers and businesses that could be hurt by U.S.-imposed tariffs.
Politics
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3 Secret Service officials put on leave amid probe into "potential misconduct"
The Secret Service's chief of communications and two other staffers have been placed on leave pending an investigation into "potential misconduct," U.S. officials told CBS News.
Sen. Darline Graham projected to win runoff in South Carolina GOP Senate primary
Sen. Darline Graham won the GOP Senate runoff in South Carolina on Tuesday night, CBS News projects, defeating Rep. Ralph Norman in the special primary to replace Graham's late brother, Sen. Lindsey Graham, on the ballot.
Everton Blair wins special election for late Rep. David Scott's seat
Everton Blair Jr. will serve out the remaining few months of the late Rep. David Scott's final term, the Associated Press projects.
Bureau of Prisons No. 2 official who was pardoned for drug crimes departs
Josh Smith had a tense relationship with BOP's employees, and some staffers had raised questions about contracts awarded during his year-long tenure.
Ontario's Doug Ford says Trump is "treating us like we're Communist China"
As a U.S.-Canada trade war sparks cross-border insults, Ontario Premier Doug Ford told CBS News he's hopeful the two sides can reach an agreement — but cautioned that "no deal is better than a bad deal."
HealthWatch
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Pennsylvania records first 2 measles deaths in 35 years
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
At least 1 in 4 ex-NFL players who died from 2016 to 2021 had CTE, study finds
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
Trump and Kennedy's health industry deals are at risk of vanishing
The agreements, covering issues like drug pricing, reducing the use of synthetic food dyes, and cutting back on insurance prior authorization rules, were announced with fanfare and touted as victories.
8-year-old girl dies from brain-eating amoeba infection in Louisiana
Lillian Smart, 8, has died after being infected by an extremely rare brain-eating amoeba that is found in warm freshwater, her family said.
Trump puts autistic kids in the spotlight and cuts agencies built to protect them
Researchers and disability rights advocates warn that the dismantling of the Education Department and its erosions of civil rights oversight risk widening the disparities autistic children face.
World
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Live
Iran, Oman edge toward Strait of Hormuz reopening plan, but Tehran demands U.S. lift blockade
The two nations, which lie on opposite sides of the vital, narrow waterway, discussed a proposal to temporarily reopen it and clear mines.
Fire in Pakistan hospital nursery kills 14 newborns, officials say
A fire at a nursery in a major government hospital in Pakistan's capital killed 14 newborns, hospital officials and the government said.
Gun-running ship located 78 years after being sunk by Israeli military
In June 1948, Israeli forces opened fire and sank the boat in waters off Tel Aviv on the orders of David Ben Gurion, Israel's first prime minister.
U.K. estate used as Wayne Manor in "Batman Begins" must be surveyed for bats
Since being built in the 1850s, Mentmore Towers has been featured in "Batman Begins" and other movies, but has fallen into disrepair.
Will the U.S. sanctions against Iran work if they don't include China?
Analysts say without meaningful sanctions against China, Iran will likely survive this latest round of financial punishment.
Entertainment
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Entertainment
Country singer Ashley McBryde on Dolly Parton
Country singer Ashley McBryde joins CBS News after Dolly Parton's death at 80 to discuss her impact on music and the Nashville country scene.
Cher speaks out after Dolly Parton's death
Grammy-award winning artist Cher spoke about Dolly Parton after the country legend's death at 80 Tuesday. Cher told CBS News about their first meeting and what she loved about Parton. She said she'll miss Parton's laugh the most.
Celebrating Dolly Parton after her death at 80
"CBS Evening News" pays tribute to the life and legacy of Dolly Parton. She died at 80 after a brief battle with cancer, her team announced on Tuesday.
Dollywood nonprofit president on Parton's death
Dolly Parton, who died Tuesday at age 80, leaves behind much more than a musical legacy. A generous philanthropist, she gave millions to a variety of causes, including education and children's literacy. Dollywood Foundation President Jeff Conyers joins CBS News to discuss the organization's Imagination Library program.
Dolly Parton in 2016 on her life, career
From May 2016, Dolly Parton speaks with Gayle King about her road to country music fame, Whitney Houston's cover of "I Will Always Love You," her marriage and more.
Technology
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Musk's data centers push out family that's owned land for generations
A plant in Southaven, Mississippi, that powers Elon Musk's SpaceXAI data centers in the area has sparked backlash from residents concerned about noise and air pollution.
Elon Musk's data centers spark backlash
In Southaven, Mississippi, some residents are pushing back on SpaceXAI's expanding footprint in the region.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Key takeaways from China's robot games
China's World Humanoid Robot Games is a technological showcase, but also a possible glimpse into the future of robotics. Anna Coren reports.
How the Robot Games are going in Beijing
The World Humanoid Robot Games are underway in Beijing, China, in a stadium repurposed from the 2022 Winter Olympics. Many of the machines on display can now outrun and out-jump even the best real-life Olympians. Anna Coren has the story.
Science
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Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Views of the total solar eclipse in Europe
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
Europe sees total solar eclipse
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Crime
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Philadelphia's Chucky-style masked man arrested in Las Vegas
U.S. Marshals say 22-year-old Zymire Hughes was arrested Tuesday night in Las Vegas, Nevada.
Legal analysis of Texas surrogate case
A Texas judge is hearing arguments on who has the legal right to make medical decisions on behalf of a baby with a heart defect who was carried to term by a surrogate against the biological parents' wishes. Harry Nelson, a healthcare attorney, joins "The Daily Report" to discuss.
Unarmed college student shot by police
The parents of a 22-year-old college student who was fatally shot by police after knocking on the wrong door spoke out on Tuesday. Tom Hanson has more details.
Doctor says Clancy's actions were criminal
Forensic psychologist Dr. Kirk Heilbrun took the stand in Lindsay Clancy's trial for the killings of her three children on Tuesday, testifying that he felt Clancy was criminally liable despite claims of postpartum psychosis. CBS News' Shanelle Kaul has the details.
Breaking down Day 20 of Lindsay Clancy trial
Two more witnesses testified in the Lindsay Clancy trial on Tuesday. Clancy, who has admitted to killing her children, has pleaded not guilty, arguing she had postpartum psychosis. CBS News correspondent Shanelle Kaul reports.
Space
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First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
Stunning photos show total solar eclipse over Europe
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Country singer Ashley McBryde on Dolly Parton
Country singer Ashley McBryde joins CBS News after Dolly Parton's death at 80 to discuss her impact on music and the Nashville country scene.
Cher speaks out after Dolly Parton's death
Grammy-award winning artist Cher spoke about Dolly Parton after the country legend's death at 80 Tuesday. Cher told CBS News about their first meeting and what she loved about Parton. She said she'll miss Parton's laugh the most.
Watch: Jon Batiste's tribute to Dolly Parton
Jon Batiste performed a musical tribute to the late country music superstar Dolly Parton, who died Tuesday at age 80 after a brief battle with cancer.
Dolly Parton shows off "9 to 5" memorabilia
When 60 Minutes' Morley Safer spoke to Dolly Parton back in 2009, she showed off memorabilia from "9 to 5" along with dresses covered in rhinestones. "I used to be tall until I started wearing them," she joked.
Graham wins GOP Senate runoff, CBS News projects
Sen. Darline Graham, the late Lindsey Graham's sister, won the Republican Senate primary runoff in South Carolina on Tuesday night, CBS News projects. Jessi Mitchell anchors a special report.