Trump reveals these 2 new tariffs on "Liberation Day," April 2
On April 2, President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 90 nations.
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On April 2, President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 90 nations.
President Trump has announced a new 10% tariff on all countries, with more for "worst offenders." Nancy Cordes reports. Then Jason Allen and Elizabeth Palmer have more on the tariffs' impact and reactions.
After much anticipation and intrigue, President Trump has finally unveiled his plan for sweeping reciprocal tariffs. He announced that goods from every nation the U.S. trades with will be subject to import taxes. He and his supporters argue the move will help bring manufacturing back to the U.S. CBS News' Kelly O'Grady, Olivia Rinaldi, Caitlin Huey-Burns and Lana Zak break it all down.
One restaurant owner worried about tariffs pushing up food prices said such costs are "coming right off my bottom line."
Leading up to Wednesday's announcement, the European Union said it was prepared to retaliate against President Trump's reciprocal tariffs. CBS News senior foreign correspondent Elizabeth Palmer has more.
There have been mixed reactions to President Trump's new global tariffs from elected officials across the United States. Delaware Gov. Matt Meyer, a Democrat, joins "America Decides" with his perspective.
The largest economies in Asia will be hit with some of the larger tariffs under President Trump's new plan announced Wednesday. Zongyuan Zoe Liu, a Maurice R. Greenberg senior fellow for China studies at the Council on Foreign Relations, joins "The Daily Report" to discuss how countries across Asia are responding.
One of President Trump's biggest topics on the campaign trail was the economy, but economists worry about the effects of his latest round of tariffs. CBS News executive director of elections and surveys Anthony Salvanto has a look at how Americans are feeling so far about Mr. Trump and the economy.
President Trump promised to bring down prices on the campaign trail, but economists say his tariffs could raise them. Political strategists Joel Payne and Kevin Sheridan join "America Decides" to examine the potential political ramifications.
President Trump declared a national emergency on Wednesday, giving him the power to regulate imports and impose a baseline tariff of 10% on all countries with specific reciprocal tariffs on what he calls the "worst offenders." CBS News' Weijia Jiang and Jo Ling Kent have more.
President Trump unveiled sweeping new global tariffs Wednesday despite warnings from economists that the move could cause prices to rise across the U.S. Nancy Cook, senior national political correspondent for Bloomberg News, and Courtenay Brown, economics reporter for Axios, join "America Decides" to discuss.
Leaders across the globe have largely criticized President Trump's tariffs. CBS News' Lana Zak, Elizabeth Palmer and Jason Allen are tracking the reaction to Wednesday's announcement of "Liberation Day" tariffs from U.S. allies to the north, south and across the pond.
President Trump announced on Wednesday a 10% tariff on all countries and additional reciprocal tariffs on the "worst offenders." CBS News' Weijia Jiang, Kelly O'Grady, Jo Ling Kent and Margaret Brennan break down the unveiling and its likely impact.
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.
Here's what to know about tariffs ahead of President Trump's plans to announce new import duties on April 2.
President Trump has previously described the "External Revenue Service" as an arm of government "to collect tariffs, duties, and all revenue that come from foreign sources."
President Trump is expected to announce new, major tariffs Wednesday afternoon in what he's calling "Liberation Day," despite warnings from economists about increased prices. CBS News reports on what we know so far about the tariffs and the reaction from around the globe.
Companies that do business across the U.S.-Mexico border are preparing for a potential tariffs upheaval after President Trump's announcement. CBS News' Jason Allen reports.
Reports are emerging that President Trump may have some news about a potential sale of TikTok. This comes as the world awaits Mr. Trump's announcement on tariffs. CBS News' Jo Ling Kent reports.
U.S. ports are preparing for the impact of President Trump's incoming tariffs. Bryan Brandes, the maritime director for the Port of Oakland, joins CBS News with more.
The Port of Oakland is already feeling the impact of President Trump's tariffs strategy. CBS News San Francisco's Veronica Macias reports.
Canadian businesses are preparing for the economic hit of President Trump's tariffs announcement. Ken Eansor, the owner of Windsor Honda in Canada, joins CBS News' Lana Zak with his tariff concerns.
The United Kingdom is bracing to retaliate if President Trump's tariffs slam Europe's economic growth. CBS News' Ramy Inocencio reports.
The markets and currency prices could take hits after President Trump announces his latest round of tariffs. CBS News' Willie James Inman and Kelly O'Grady report.