Trump trade wars could tank foreign tourism in the U.S., report finds
President Trump's aggressive trade policies and barbed rhetoric threatens to discourage foreign travelers from visiting the U.S., economists say.
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President Trump's aggressive trade policies and barbed rhetoric threatens to discourage foreign travelers from visiting the U.S., economists say.
The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell saying "further progress may be delayed" on bringing down inflation because of President Trump's tariffs. CBS News business analyst Jill Schlesinger has more.
Mounting concerns about the Trump administration's trade policies are driving institutional investors away from U.S. stocks.
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in spending which has some economists warning that the U.S. could face a possible recession. CBS News MoneyWatch correspondent Kelly O'Grady has more on recession risk signs.
President Trump has threatened tariffs as high as 200% on European wines, spirits and beer. Janet Shamlian visited a pub in Chicago, where owner Aine O'Brien is concerned about how they could affect business.
Despite the stock market's recent instability, President Trump is standing firm on his promise of implementing reciprocal tariffs in early April. Washington Post opinions columnist Heather Long joins "America Decides" to examine how the tariffs are creating anxiety about a recession.
Homebuilders say President Trump's tariff agenda is making construction and renovation projects more expensive.
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
Tariff trouble around the world could hit your local bar. On Thursday, President Donald Trump threatened to place a 200% tariff on some alcoholic products from the European Union after they issued a 50% tariff on all American whiskey. THe U.S. has already issued 25% tariffs on Canada and Mexico. Now, the makers and buyers of some beloved drinks are now drowning in questions.
Canada's British Columbia is proposing a law that would allow the province to toll U.S. trucks using its roads to travel to Alaska. Alaska Republican State Sen. Robert Myers joins "The Daily Report" to discuss the impact.
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.
Stock markets reeled this week after news varied over President Trump's tariffs and investor fears. CBS MoneyWatch correspondent Kelly O'Grady reports.
The war in Ukraine was a major focus of President Trump's meeting with NATO Secretary General Mark Rutte at the White House on Thursday. CBS News congressional reporter Taurean Small has more.
Irish Taoiseach Micheál Martin described the U.S. and Ireland's economic relationship as a "two-way street."
The Dow lost more than 500 points Thursday and the Nasdaq dropped more than 300 as investors reacted to President Trump's threat to impose a 200% tariff on European Union exports of wine, champagne, and other alcoholic beverages. Suzanne Lynch, Global Playbook author and associate editor for Politico, joined CBS News to discuss Europe's reaction to the threat.
President Trump has imposed steep tariffs on Canadian goods, citing trade imbalances and drug trafficking. But many of his claims exaggerate or misrepresent the facts.
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. Kelly O'Grady examines the latest on the trade war.
The Trump administration said that border security is prompting tariffs against Canada and Mexico. President Trump said Canada specifically does not do enough to curb fentanyl from entering the U.S. CBS News correspondent Shanelle Kaul spoke with Canadian Minister of Public Safety David McGuinty.
President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff back-and-forth between the U.S. and its northern neighbor. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
President Trump hosted NATO Secretary General Mark Rutte at the White House on Thursday. The president has been a vocal critic of the military alliance, which took shape in the aftermath of World War II. CBS News executive director for White House and politics coverage, Fin Gomez, reports.
President Trump is expected to deliver remarks Friday at the Department of Justice focused on "law and order." The visit comes amid mass layoffs and demotions at the department. David Weigel, political reporter for Semafor, and Deepa Shivaram, White House correspondent at NPR, join CBS News to discuss what to expect.
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings senior fellow in economic studies, and Sarah McGregor, Bloomberg News national desk managing editor, join CBS News with analysis.
"Canada is a sovereign state, yes," Pete Hoekstra said during his confirmation hearing Thursday.
President Trump sat down with NATO Secretary General Mark Rutte on Thursday as the U.S. pushes for a ceasefire between Ukraine and Russia. While Russian President Vladimir Putin backed a deal in principle, he said he has "reservations." CBS News' Nancy Cordes and Margaret Brennan have the latest.
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.
Mexico's Ministry of Defense security forces have killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, in a military operation.
President Trump claims White farmers in South Africa are victims of a genocide. South Africans dispute his claim.
Blizzard warnings were issued Saturday for New York City, New Jersey, southern New England and coastal communities along the East Coast.
An armed man was shot and killed early Sunday morning after "unauthorized entry" into the secure perimeter at President Trump's Mar-a-Lago estate, the U.S. Secret Service said.
A defense lawyers group has posted a tracking tool to enable users to check on the status of some of the controversial prosecutions attempted by DOJ in the first year of Trump's second term.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
U.S. Trade Representative Jamieson Greer said "stand by" the trade deal agreements it has signed with its partners despite the Supreme Court's tariff decision.
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
The U.S. State Department's Counterterrorism Bureau shared a post on X about Quentin Deranque, a far-right activist, who died of brain injuries after being beaten.
A defense lawyers group has posted a tracking tool to enable users to check on the status of some of the controversial prosecutions attempted by DOJ in the first year of Trump's second term.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and U.S. Trade Representative Jamieson Greer join Margaret Brennan.
U.S. Trade Representative Jamieson Greer said "stand by" the trade deal agreements it has signed with its partners despite the Supreme Court's tariff decision.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
The recall involves 3.4 million pounds of frozen chicken fried rice products shipped to Trader Joe's locations nationwide and to retailers in Canada.
A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.
Large U.S. retailers say the Trump administration tariffs are forcing them to hike customer prices to offset higher costs.
A defense lawyers group has posted a tracking tool to enable users to check on the status of some of the controversial prosecutions attempted by DOJ in the first year of Trump's second term.
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
On this "Face the Nation with Margaret Brennan" broadcast, Iranian foreign minister Abbas Araghchi and U.S. Trade Representative Jamieson Greer join Margaret Brennan.
U.S. Trade Representative Jamieson Greer said "stand by" the trade deal agreements it has signed with its partners despite the Supreme Court's tariff decision.
U.S. ambassador to Israel, Mike Huckabee, made his comments during an interview with conservative commentator Tucker Carlson that aired Friday.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
Travis Corbitt's struggles to breathe led to his retirement and reliance on an oxygen tank.
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
Nemesio Rubén Oseguera Cervantes — also known as "El Mencho" — was the leader of the notorious Jalisco New Generation Cartel prior to his death on Sunday.
The Milan Cortina Olympics ended Sunday with a closing ceremony inside the ancient Roman amphitheater, Verona Arena.
Iranian Foreign Minister Abbas Araghchi said Iran has "every right to enjoy a peaceful nuclear energy, including enrichment" as the U.S. pushes for a deal on its nuclear program.
Mexico's Ministry of Defense security forces killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, known as "El Mencho," in a military operation.
U.S. ambassador to Israel, Mike Huckabee, made his comments during an interview with conservative commentator Tucker Carlson that aired Friday.
The Australian-born actress earned an Academy Award nomination for her powerful performance as a mother stretched to the limits.
In this web exclusive, Rose Byrne, an Oscar nominee for best actress for her performance in Mary Bronstein's "If I Had Legs I'd Kick You," talks with Tracy Smith about her response to the character of Linda, a woman at the end of her rope. She also talks about her early years in Hollywood, including her friendship with fellow Australian Heath Ledger, and her experience playing comedy with "Bridesmaids."
Australian-born actress Rose Byrne earned an Academy Award nomination for her powerful performance in the drama "If I Had Legs I'd Kick You," playing a mother stretched to the limits. She talks with correspondent Tracy Smith about playing a woman losing all sense of control. Byrne also discusses her early years in Hollywood and the help she received from fellow Aussie Heath Ledger; and how she branched off from working in dramas like the TV series "Damages," to comedies like "Bridesmaids."
"Sunday Morning" remembers some of the notable figures who left us this week, including Academy Award-winning actor Robert Duvall.
In 1968, a group of artists, activists, and community members founded the Studio Museum in Harlem. It was a space not just for displaying works celebrating the contributions of African-American artists, but also to foster up-and-coming artists through a residency program. Now, following a seven-year, $160 million renovation, the Studio Museum has reopened. Nancy Giles pays a visit.
A growing, aging population and an acute caregiver shortage are pushing adult care centers to think outside the box. Itay Hod introduces a new, high-tech helper.
One of the catalysts for the social media addiction debate was a 2024 book called "The Anxious Generation" by social psychologist Jonathan Haidt. His new book tries to help parents and kids break free from screens. Haidt joins CBS News to discuss Mark Zuckerberg, the ongoing social media addiction trial and artificial intelligence.
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.
A Los Angeles judge ordered Meta officials to remove their AI glasses at a trial over the impact of social media on users.
Meta CEO Mark Zuckerberg took the stand at the social media addiction trial examining whether children and teens were given access to an addictive and harmful product. CBS News' Carter Evans reports.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Nemesio Rubén Oseguera Cervantes — also known as "El Mencho" — was the leader of the notorious Jalisco New Generation Cartel prior to his death on Sunday.
In April 2024, college student Sade Robinson, 19, went on a first date and never came home. Her car was found set on fire 3 miles from her apartment. Using data from an app on her phone, law enforcement began to piece together where she went — and who she was with.
Cati Blauvelt was discovered in an abandoned South Carolina farmhouse in 2016 — a broken knife blade inside her body. Almost immediately, her friends had one suspect in mind: John Blauvelt, her estranged husband, a once-respected Army recruiter.
Caleb Flynn, 37, appeared in season 12 of "American Idol." He was arrested by Tipp City police last week and charged with murder, assault and tampering with evidence.
Police in Spain seized a stash of about 1,161 pounds of Papaver somniferum, also known as opium poppy.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
A successful fueling test prompts NASA to press ahead toward a March 6 moonshot.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The Milano Cortina Winter Olympics came to a spectacular close Sunday night in a historic Roman amphitheater in Verona, Italy. Seth Doane in Cortina covered all 19 days of competition and reflects on its impact.
The U.S. men's hockey team beat Canada on Sunday to win its first Olympic gold medal since the "Miracle on Ice" in 1980. Kelly O'Grady reports.
Russia fired scores of missiles and drones at targets across Ukraine Sunday. Holly Williams is in Kyiv with more.
The United States stands at the brink of a major conflict in the Middle East with the Iranian regime grappling with domestic discontent and the threat of U.S. strikes. Charlie D'Agata reports.
Mexican security forces killed Nemesio Rubén Oseguera Cervantes, also known as "El Mencho," during an operation in the western state of Jalisco, Mexico's Ministry of Defense said Sunday. Violent clashes erupted in parts of western Mexico amid the operation. Americans caught in the chaos have been told to shelter in place. Willie James Inman reports.