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.
Tariffs
What Trump says will stop tariff threats
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.
Canadian premier threatens U.S. with tariffs
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.
Trump pausing tariffs on some goods
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.
Latest news on Trump's tariffs on Mexico
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.
Trump announces Mexico tariffs pause
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.
These products could see price hikes under Trump's new tariffs
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Dow drops on opening bell amid Trump tariffs
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.
Canadians react to Trump's new tariffs
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.
Trade war hangs over China's legislature meeting
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.
Trump offers one-month tariff exemption to U.S. automakers
Automakers will get a one-month reprieve from 25% tariffs on imports from Mexico and Canada.
Trump gives automakers one-month tariff reprieve
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.
Why Trump exempts tariffs for some car makers
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.
Tariffs causing uncertainty for businesses
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.
Ontario premier threatens to cut U.S. energy
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.
Analyzing Trump's tariff pause for automakers
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.
Trump speech watchers approved, poll finds
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.
White House on tariffs pause
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.
Here's what Trump's tariff barrage could mean for your 401(k) plan
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).
Trump calls with American automakers
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.
Trump message, tone in Congress address
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.
China threatens war on tariffs
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.
Chinese delegates avoid questions as they gather amid Trump's trade war
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.
Chinese leaders on Trump tariffs
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.
Trump: A "little disturbance" in markets ok
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.
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Trump welcomes China's Xi for state dinner at White House
President Trump is hosting Chinese President Xi Jinping for meetings and a state dinner on Thursday, as the world's two most powerful countries try to extend a tariff truce and grapple with a rivalry on advanced AI.
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Live
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Mortgage rates are back above 7%. How much higher could they climb?
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Pentagon probing how shipment of F-35 fighter jet parts was diverted
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Trump administration urges Supreme Court to revive third-country deportation policy
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GOP Sen. Thom Tillis on Trump-Xi visit: "It's a WTF moment"
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