Trump touts UK trade deal amid China tariff fears
President Trump celebrated a trade agreement with the United Kingdom, but sealing a deal with China was also on the president's mind. Weijia Jiang reports.
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President Trump celebrated a trade agreement with the United Kingdom, but sealing a deal with China was also on the president's mind. Weijia Jiang reports.
President Trump announced a trade deal Thursday expanding U.S. market access in the U.K. Although many agreement details still need to be worked out, Mr. Trump says his administration could soon announce more deals with other nations. Martin Baccardax, senior editor and markets correspondent for TheStreet, joins "America Decides" with analysis.
Treasury Secretary Scott Bessent is traveling to Switzerland, where he will lead U.S. trade talks with China this weekend. When asked about progress between the two nations on Thursday, President Trump insisted that China is open to negotiations when it comes to tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Before becoming Pope Leo XIV, Robert Frances Prevost expressed sympathy with those who criticized Vice President JD Vance's theological argument that there are hierarchies of love. CBS News political director Fin Gómez joins to examine how the new American pontiff could impact U.S. politics. Then, CBS News White House reporter Willie James Inman joins with the latest on President Trump's trade talks.
President Trump and Treasury Secretary Scott Bessent have both said numerous trade agreements could come as soon as this week.
Stocks jumped Thursday as President Trump unveiled a trade deal with the U.K. It marks the first major agreement since the president slapped tariffs on nearly all U.S. trade partners. CBS News contributor JD Durkin joins from the New York Stock Exchange with the latest.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
Companies are already moving to hike their prices as U.S. tariffs bite, a move economists say is likely to drive up inflation.
Japanese automaker underscores impact of Trump's tariffs on imported vehicles by outlining hefty hit to profits.
President Trump announced a trade agreement with the United Kingdom that lowered tariffs on some British goods. Commerce Secretary Howard Lutnick said at the Oval Office that the deal will raise $6 billion in revenue for the United States. CBS News breaks down the deal's terms.
President Trump is expected to announce a trade agreement with the United Kingdom as more nations apparently attempt to negotiate with the White House to lower tariffs levied. CBS News' Nancy Cordes reports.
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Treasury Secretary Scott Bessent told a House committee on Wednesday that he and U.S. trade representative Jamieson Greer will hold trade talks with Chinese officials in Switzerland on Saturday. CBS News senior White House correspondent Weijia Jiang reports.
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Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will sit down with their Chinese counterparts in Switzerland for trade talks this weekend, but they'll do so after President Trump said the U.S. will not lower tariffs against China to kick-start talks. CBS News White House reporter Aaron Navarro has the newest details.
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