Powell on higher inflation, slower growth
Federal Reserve Chair Jerome Powell said higher inflation and slower growth are more likely as more details emerge about President Trump's tariffs. CBS News contributor Javier E. David has more.
Tariffs
Trump calls for Powell to cut rates
President Trump and Federal Reserve Chair Jerome Powell are commenting on what they think is the future of U.S. economic growth. This comes as the world reacts to Mr. Trump's tariffs announcement. Isabel Wang, a reporter at MarketWatch, joins CBS News with more.
NATO chief on Trump's tariffs
NATO Secretary General Mark Rutte told "Face the Nation" moderator Margaret Brennan he doesn't believe President Trump's sweeping tariffs on all U.S. trading partners will harm the military alliance. "I'm not saying it doesn't have an impact on individual allies, but it does not have an impact on the alliance," Rutte said.
New jobs data as tariffs concerns remain
New jobs data showed more gains than expected for March but concerns over tariffs and a potential recession remain. CBS News' Kelly O'Grady reports.
Rubio pushes back on economic concerns
Secretary of State Marco Rubio pushed back on questions about economic concerns as global markets dropped following President Trump's tariffs announcement. CBS News' Willie James Inman reports.
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.
Here's what economists are saying about Trump's tariffs
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.
Trump's tariffs on cars take effect
President Trump's 25% hike on all imported cars and auto parts began Thursday. CBS News MoneyWatch correspondent Kelly O'Grady shows how consumers are trying to get ahead of the anticipated price hikes at dealerships.
Trump on China's retaliatory tariffs
President Trump is slamming China's retaliatory tariffs on U.S. goods matching his 34% rate announcement. This comes as new employment data emerges and as U.S. stocks have another bad start in Wall Street. CBS News contributor JD Durkin has the latest economic news, and Natalie Brand reports from the White House.
China fires back at Trump's tariffs with 34% levy on all U.S. imports
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Auto workers face layoffs amid new tariffs
Stellantis, the company that makes Jeep, Chrysler, Dodge and Ram trucks, said it's temporarily laying off 900 workers in the Midwest as President Trump's 25% tariff on foreign cars and parts takes effect. CBS News' Lana Zak spoke to workers impacted.
Farmers concerned over Trump's tariffs
Some farmers fear the trade war from President Trump's tariffs could put them out of business. John Boyd Jr., a fourth-generation farmer in Virginia, says the price of corn, wheat and soybeans, which are controlled by the markets, have tanked. He is concerned the tariffs could be a long-term issue for American farmers.
How tariffs may impact labor market, 401Ks
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
Trump on tariffs negative impact
President Trump says economic turbulence will be temporary after his tariff announcement, but businesses and farmers are already making drastic moves to navigate the uncertainty ahead. CBS News' Weijia Jiang and Lana Zak have the latest.
Markets fall as China announces tariffs
It's another turbulent day for global markets after China announced 34% retaliatory tariffs on U.S. goods. This comes as Wall Street braces for another slide in U.S. stocks. Bill Watts, a markets MarketWatch editor, joins CBS News with more.
China imposing retaliatory tariffs
China is imposing retaliatory tariffs on U.S. goods matching the 34% rate that President Trump announced will go into place. CBS News' Natalie Brand reports.
Stocks shudder again as China strikes back against Trump tariffs
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Dow plunges more than 1,600 points as stocks recoil from tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
World reacts to Trump's sweeping tariffs
President Trump's major tariff announcement on Wednesday led to a Thursday meltdown on Wall Street and backlash across the globe. CBS News reports.
American businesses react to Trump tariffs
The Southern Shrimp Alliance, which represents the U.S. shrimp industry is praising the Trump administration's tariffs on nearly all foreign imports. American business owners who import products, like JesusDoll.com, are not as happy. Leann Bosarge and David Mauro join "The Daily Report" to discuss why they support and do not support, respectively, the economic policies.
Dramatic day on Wall Street
It was a dramatic day for the markets as Wall Street reacted with fear and pessimism to the Trump administration's sweeping tariffs. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns report.
Rand Paul makes case against Trump tariffs
Republican Sen. Rand Paul of Kentucky has emerged as a fierce critic of President Trump's reciprocal tariffs, arguing they may not fit within the U.S. Constitution. Political strategists Hyma Moore and Maura Gillespie join "America Decides" with analysis.
Wall Street sees nearly $2 trillion in losses
Thursday was Wall Street's worst day since 2020 as investors reacted to President Trump's sweeping new tariffs on all nations. CBS News' Kelly O'Grady, Weijia Jiang and Caitlin Huey-Burns have the details.
Countries look to retaliate against tariffs
Foreign leaders lined up on Thursday to condemn President Trump's wide-reaching trade taxes, promising countermeasures of their own. Enda Curran, global economics reporter for Bloomberg, joins "America Decides" to unpack the international fallout.
Stellantis to pause production at Windsor plant, lay off 900 workers in Midwest
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
Texas dad deported to Ghana was then forced to go to Mali, he says
Poll finds Democrats still boosted by voters' economic concerns
Live
Trump says he's weighing deal with Iran against action to "finish them off"
Venezuela opposition leader María Corina Machado returns to country
Blanche says DOJ is "doing our own research" with Alaska challenge
Alaska Senate candidate sustains "minor injuries" in car accident
Four Corners region faces more flood threats following days of heavy rain
Gina Hinojosa says there's "deep disappointment" in both parties
