President Trump pauses Mexico and Canada tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.
Watch CBS News
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.
Just two days after imposing 25% tariffs on imports from Canada and Mexico, President Trump is hitting the pause button. The president signed a series of executive orders on Thursday, granting exemptions for products that are compliant under the U.S.-Mexico-Canada agreement. CBS News' Olivia Rinaldi and Kelly O'Grady break it down.
President Trump temporarily lifted the tariffs imposed on some Canadian and Mexican goods. But Ontario Premier Doug Ford is still threatening some states in the U.S. with retaliation over Mr. Trump's tariff policies. CBS News senior White House and political correspondent Ed O'Keefe spoke with Ford.
President Trump signed a late-day executive order, making a major reversal on his tariff policy. It will suspend the surcharges on some goods coming into the U.S. from Canada and Mexico. CBS News' Scott MacFarlane and Weijia Jiang report on the latest.
President Trump says there will be a pause on tariffs for Mexican goods covered by the United States-Mexico-Canada Agreement. This comes after strong reactions to his tariffs emerged in the stock market and among several industries. CBS News' Weijia Jiang reports.
President Trump says he spoke to Mexican President Claudia Sheinbaum and has decided to pause some tariffs until April. CBS News contributor Javier David has more on the tariffs and their effects.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Markets opened Thursday with the Dow dropping more than 500 points after the opening bell as countries and businesses continue to grapple with President Trump's tariffs. CBS News MoneyWatch correspondent Kelly O'Grady has more.
While President Trump has paused tariffs for one month on some automakers, other businesses will start to feel the impact. Canadian company Conquest Steel, located outside Toronto, said they started losing business in November after Mr. Trump won the presidential election and tariffs were threatened. Regarding tourism, about 20 million Canadians headed south in 2024, but some are now cutting back on U.S. travel amid Mr. Trump's actions.
The trade war between the U.S. and China started as the world's largest legislature was convening in Beijing, with nearly 3,000 delegates gathering. Anna Coren reports.
Automakers will get a one-month reprieve from 25% tariffs on imports from Mexico and Canada.
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, the White House announced. Weijia Jiang has more.
President Trump is offering an economic reprieve to the Big Three automakers. The White House announced on Wednesday that Ford, General Motors and Stellantis would receive a one-month exemption from his tariffs. CBS News' Fin Gomez and Kelly O'Grady have the latest.
Mexico said it will announce retaliatory measures to President Trump's tariffs this Sunday. The U.S. imposed 25% tariffs on both Mexico and Canada on Tuesday, with the exception of the auto manufacturing industry for one month. Jon Barela, CEO of the Borderplex Alliance, an independent economic development and policy advocacy organization, joins "The Daily Report" to discuss the impact on the borderlands region.
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.
The White House announced that President Trump would delay tariffs on cars from Mexico and Canada for 30 days. CBS News' Olivia Rinaldi and Caitlin Huey-Burns have the latest on Trump's tariffs.
A new CBS News poll is giving President Trump's speech on Tuesday night a thumbs up. Viewership of these speeches is often higher among the president's party. CBS News executive director of elections and surveys Anthony Salvanto has the numbers.
President Trump's administration announced a one-month tariffs pause for U.S. automakers. This comes as stocks dove after Mr. Trump's tariffs took effect. CBS MoneyWatch correspondent Kelly O'Grady has more.
The stock market has swung wildly since President Trump placed 25% tariffs on Canada and Mexico. Here's what to know about your 401(k).
President Trump spoke to the leaders of Stellantis, Ford and General Motors as his tariffs on Canada, Mexico and China took effect. The stock prices for the American automakers fell after Mr. Trump's tariffs rolled out. CBS News' Olivia Rinaldi reports.
President Trump touted his accomplishments during his past six weeks in office for his address to Congress. this comes as markets react to his tariff moves. CBS News' Olivia Rinaldi reports.
The Trump administration may be weighing adjustments to the president's tariffs on products affecting particular industries. This comes as China issues a stern warning on social media about waging war. CBS MoneyWatch correspondent Kelly O'Grady reports.
China's assembled delegates don't care to discuss President Trump's escalating trade war, but the underlying message from Beijing is one of confidence.
China has vowed to retaliate against President Trump's new tariffs. While lawmakers at an annual meeting of China's legislature did not answer questions regarding the tariffs, one of China's leaders did acknowledge geopolitical tensions, a reference to the escalating trade war. CBS News' Anna Coren has more.
The S&P lost all post-Election Day gains as stocks tumbled for a second day Tuesday amid President Trump's trade war. Mr. Trump addressed the market and detailed his plan for tax cuts during his remarks to Congress. CBS News contributor and Dallas Morning News business editor Javier David has more.
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Vivek Ramswamy will face Democrat Amy Acton, a former Ohio Department of Public Health director, in November.
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Passengers aboard the ship are in good spirits but may have to quarantine for "eight weeks," a World Health Organization official told CBS News.
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
Utz Quality Foods is recalling some of its Zapp's and Dirty brand potato chips because an ingredient may be contaminated by salmonella.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Derek Merrin won the GOP primary in Ohio's 9th Congressional District on Tuesday, setting up a rematch against longtime Democratic Rep. Marcy Kaptur in what's expected to be one of the most contested House races of the year.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Vivek Ramswamy will face Democrat Amy Acton, a former Ohio Department of Public Health director, in November.
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
The city, known for its tolerance of some drugs and sex work, no longer allows ads for airlines, cruises, beef, chicken, pork or fish products.
Keir Starmer warned Tuesday that there would be "consequences" if Iran is proven to be behind a recent series of antisemitic attacks in the capital.
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."
CBS News' Adriana Diaz and contributor Lauren Sherman join CBS News 24/7 to share details from the 2026 Met Gala.
The nominees for the 79th annual Tony Awards, which air on CBS on June 7, were revealed on Tuesday. CBS News New York's Dave Carlin joins with more.
GAP Inc. executive vice president and creative director Zac Posen discusses designing model Kendall Jenner's dress for this year's Met Gala. He also dives into other looks that stood out at the annual event.
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
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 Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
In northern Tennessee, a retired Special Forces soldier is accused of shooting his wife and then using his training to disappear into the woods. Nicole Valdes reports.
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
A Tarrant County jury sentenced Tanner Horner to death for the 2022 kidnapping and murder of 7-year-old Athena Strand.
Police gave an update Tuesday on a shooting at a Dallas-area shopping center that killed two people. The suspect is in custody, authorities said.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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.
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
Rubio says Operation Epic Fury is over; primary day in Indiana and Ohio.
The USS Gerald R. Ford, the Navy's largest aircraft carrier, will soon return to the U.S. after the longest deployment since the Vietnam War. Among the returning sailors is Aviation Boatswain's Mate Airman Tiffany Galarza. Her sister, Brianna Caudill, joins "The Daily Report."