CEO of German tech company on tariffs
Germany is hoping to avoid a 50% tariff President Trump has proposed for the country. Barbara Humpton, president and CEO of Siemens USA, a German based tech company, spoke with Jericka Duncan about the impact.
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Germany is hoping to avoid a 50% tariff President Trump has proposed for the country. Barbara Humpton, president and CEO of Siemens USA, a German based tech company, spoke with Jericka Duncan about the impact.
President Donald Trump is ramping up his tariff threats on social media, this time aimed at Apple. The Dow dropped .6% yesterday after Trump said phones sold in the U.S. should be made in the U.S. The S&P and Nasdaq also tumbled.
The markets closed lower Friday after President Trump threatened to impose a 25% tariff on Apple and 50% tariff on the European Union.
In a return to the global trade war, President Trump threatened a new round of tariffs on the European Union. He said he recommends a 50% tariff on EU imports starting as soon as June 1, after saying negotiations with the EU are "going nowhere." CBS News' Major Garrett and Javier David have more.
President Trump is pushing Apple to shift iPhone production to the U.S., while French winemakers are bracing for new trade barriers. Nancy Cordes and Elizabeth Palmer report.
A federal judge has temporarily halted the Trump administration's attempt to block the enrollment of international students at Harvard University. Sabrina Rodríguez, national political reporter at The Washington Post, and Tyler Kendall, Washington correspondent for Bloomberg, join "America Decides" with analysis.
"I am proud to announce that, after much consideration and negotiation, US Steel will REMAIN in America," President Trump wrote Friday afternoon.
President Trump warned Apple on Friday that it could face a 25% tariff if it does not start manufacturing iPhones in the U.S. CBS News chief White House correspondent Nancy Cordes reports.
The Dow Jones closed down on Friday as President Trump's fresh tariff threats lit a fire under the European Union and Apple. Sarah Frier, Bloomberg technology editor, joins with analysis.
President Trump says he is not looking for a trade deal with the European Union and is blasting Apple for manufacturing the iPhone outside of the U.S. This comes as Mr. Trump signs a new batch of executive orders. CBS News' Lindsey Reiser reports.
President Trump is threatening to impose tariffs on Apple products if the company proceeds with plans in India. The stock markets are reacting negatively to Mr. Trump's statements. CBS News' Weijia Jiang reports and JD Durkin has more on the financial impact.
President Trump said he would impose steep tariff on Apple unless company starts manufacturing some iPhones in the U.S.
U.S. and European stocks dropped Friday after President Trump threatened to slap 50% tariffs on the European Union and 25% tariffs on Apple. Also, Russia's defense ministry said it has conducted a prisoner swap with Ukraine. CBS News' Ramy Inocencio has the latest.
President Trump announced Friday in separate social media posts that he's recommending a 50% tariff on the European Union and a 25% tariff on Apple if the company doesn't manufacture its iPhones in the U.S. Meanwhile, Harvard University is suing the Trump administration over its ban on the school from enrolling international students. CBS News' Natalie Brand has the latest.
China says trade talks with the U.S. are important amid a 90-day truce that lowered tariffs between the two countries, but other nations need to get involved to reach a full solution. Andrew Polk, partner at Beijing-based research firm Trivium China, joins "America Decides" with analysis.
Nike will raise prices on footwear, clothing and equipment starting this week.
President Trump slams Federal Reserve Chair Jerome Powell; South Philadelphia nonprofit creates meaningful job opportunities for adults with autism.
Active shooter reported on Florida State University campus; suspect in custody.
Police give update on Florida State University shooting that killed two and injured six people.
Walmart said it would eliminate members of its global tech workforce in a memo sent to employees on Wednesday.
Stocks tumbled Wednesday amid concerns the new budget bill in Congress could deepen the U.S. deficit. Earlier in the day, Target reported weaker-than-expected earnings due partly to anxiety about the implications of President Trump's tariffs. Javier David, business editor at the Dallas Morning News, joins "America Decides" with analysis.
Target missed its earnings expectations as it grapples with the effects of tariffs and the impact of scaling back its diversity and inclusion efforts. This comes as Home Depot also reports disappointing gains. Jordyn Holman, a business reporter for The New York Times, joins CBS News 24/7 with more.
Federal judge ramps up demands for Trump administration to return Kilmar Abrego Garcia from El Salvador; New CDC study shows rates of Autism diagnoses among children on the rise.
Judge finds cause to hold Trump administration in contempt for violating deportation flight orders; South African police rescue kidnapped American pastor amid shootout with abductors.
Fed Chair Powell says unemployment and inflation likely to go up as tariffs are paid by the public; Newly released bodycam footage shows first responders at Gene Hackman's home.