U.S., China set to hold talks in London
Representatives from the U.S. and China are expected to hold trade talks in London on Monday. CBS News foreign correspondent Ramy Inocencio has the latest.
Tariffs
Toys caught in the crosshairs of Trump's tariffs
New evidence shows that President Trump's tariff policies are shaking up global trade. Imports of foreign goods plunged about 16% in April, the largest one-month drop on record. Nancy Chen dives into how the toy business is being impacted.
Tariffs are causing Alaska Airlines to cancel flights. Here's why.
With two fewer aircraft in its fleet, Alaska Airlines says it is trimming its summer flight schedule.
U.S. flights are getting canceled over tariffs
It's peak travel season, but Kris Van Cleave reports the airlines are starting to feel the impact of tariffs, and they warn it could soon cost more to fly.
Economy adds 139,000 jobs in May
Friday's monthly jobs report showed some softening in private sector hiring, but little that would suggest a coming recession, with the economy adding 139,000 jobs in May. Peggy Collins and Laura Davison, who cover politics for Bloomberg News, join "The Takeout" to discuss the jobs report, the latest on the feud between President Trump and Elon Musk, and more.
Trump official reacts to Musk criticism
White House trade advisor Peter Navarro reacted to Elon Musk's criticisms of President Trump's tariffs as Mr. Trump and Musk's public feud continues. CBS News' Aaron Navarro has the latest from the White House, and CBS MoneyWatch correspondent Kelly O'Grady has updates on the May jobs report numbers.
Employers added 139,000 jobs in May as labor market remains steady
Employers across the U.S. added 139,000 jobs in May while the nation's unemployment rate remained at 4.2%, new data shows.
May 2: CBS News 24/7, 4pm ET
Stocks climb on solid jobs report; Key witness in Karen Read trial, Jennifer McCabe, returns for cross-examination.
May 2: CBS News 24/7, 1pm ET
White House releases 2026 budget proposal increases for military, cuts in health and energy; A horse trainer's community was devastated by the Eaton Fire. Now he's eyeing a Kentucky Derby win.
Details on Trump's call with Xi Jinping
President Trump and Chinese President Xi Jinping had a phone call on Thursday to discuss the trade truce that Mr. Trump alleged China betrayed. CBS News foreign correspondent Anna Coren has the latest.
Trump floats cutting Musk's federal contracts
President Trump and Elon Musk are engaging in a social media brawl. CBS News' Fin Gómez and Aaron Navarro, plus Politico White House reporter Sophia Cai, join "The Takeout" to unpack how the spat could affect the fate of Mr. Trump's economic agenda.
Trump on Musk's budget bill criticism
President Trump took questions before Jeanine Pirro's swearing-in ceremony to become U.S. attorney for the interim District of Columbia. Mr. Trump says he expects movement in ceasefire talks between Israel and Hamas, and continued to blast Russian President Vladimir Putin for recent strikes in Ukraine. Mr. Trump also commented on talks with Iran over its nuclear program and the latest details emerging about the Republican budget bill moving through Congress. CBS News' Scott MacFarlane reports on Pirro's new position and his interview with the retiring Capitol Police chief.
Steel and aluminum tariffs expected to raise costs on cars, homes, more
The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.
Trump tariffs hit popular baby products
Popular baby product company "Munchkin" is facing the impact of President Trump's 50% steel and aluminum tariffs, CEO Steven Dunn told CBS News. The company is having to discontinue certain products and lay off employees for the first time ever, according to Dunn. CBS News' Jo Ling Kent joins with more.
Lutnick, congresswoman clash over tariffs
Rep. Madeleine Dean of Pennsylvania pressed Commerce Secretary Howard Lutnick at a House hearing about trade deficits and the uncertainty President Trump's tariff plan has caused since its rollout in April. Dean brought up Walmart increasing the price of bananas amid the administration's tariffs.
Trump speaks to China's Xi on trade, says talks will resume soon
President Trump spoke to Chinese President Xi Jinping on Thursday amid an ongoing dispute over a temporary deal to ease the escalation of tariffs.
How new tariffs make parenting more expensive
Jo Ling Kent reports on how the latest 50% tariffs on imported steel and aluminum are increasing the cost of daily goods American parents count on.
Trump speaks to China's Xi
President Trump spoke to China's Xi Jinping about trade, CBS News has confirmed. This comes as Mr. Trump accused China of violating an initial agreement and as the administration targets international student visas. CBS News' Natalie Brand reports.
Popular baby products company hard-hit by tariff hike on steel, aluminum
Tariffs affect almost all of the 500-plus products that Munchkin sells, the vast majority of which are made in China.
Timeline of Trump's steel, aluminum tariffs
The Trump administration's increased 50% tariff on steel and aluminum imports went into effect Wednesday. U.S. steel firms have praised the action, while various foreign trade partners have condemned it. CBS News MoneyWatch Correspondent Kelly O'Grady reports.
Why Trump raised tariffs on steel, aluminum
President Trump has doubled his tariffs on steel and aluminum imports from 25% to 50%. The new import taxes took effect overnight. They apply to nearly all U.S. trading partners, except for the U.K. CBS News chief White House correspondent Nancy Cordes has more on what's behind the decision.
Ex-Obama trade adviser on impact of tariffs
President Trump's tariff hike on steel and aluminum imports took effect on Wednesday. Francisco Sanchez, who served as the under secretary of commerce for international trade in the Obama administration, joins "The Takeout" to unpack the possible downstream consumer effects.
CBO: Trump budget bill would increase deficit
The Congressional Budget Office released new numbers on the monetary impacts of President Trump's budget bill and tariffs on Wednesday. CBS News chief White House correspondent Nancy Cordes reports.
Dollar Tree says U.S. tariffs could cut its Q2 profits in half
Dollar Tree CEO says "the tariff landscape is highly fluid and changing week to week," as the discount retailer slashes its earnings guidance.
Markets calm as tariffs take effect
U.S. stock markets appear calm as President Trump's doubled tariffs on foreign steel and aluminum take effect. This comes as new jobs report data emerges. CBS MoneyWatch correspondent Kelly O'Grady has more.
Elon Musk says SpaceX throttled Ukraine Starlink speeds over drone strikes
More than 1,000 arrested in France as protestors and police clash
Iran has "increased efforts to target U.S. personnel," intel chief warns
Live
Iran says U.S. military not allowed in Gulf "under any circumstance"
ICE crackdown prompts some Texas Latinos to turn away from Trump
DOJ sues to block Alaska Senate certification if Sullivan loses
Rubio calls on Cubans seeking "positive change" to work with CIA
President Trump, first lady vote early in person in Florida
