Trump's tariffs draw vows of retaliation from Canada, China and Mexico
As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
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As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
In his address to Congress on Tuesday night, President Trump outlined his vision for reducing inflation and boosting the American economy. The president made his case for tariffs on U.S. allies, expanding oil drilling, shrinking the federal workforce and more.
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.
President Trump's sweeping tariffs on Canada, Mexico and China went into effect Tuesday hours before his address to a joint session of Congress. Republican Rep. Byron Donalds of Florida joins CBS News to discuss.
Ahead of President Trump's address to Congress on Tuesday night, the stock market took a dive for the second day in a row, largely due to Mr. Trump's sweeping tariffs on Canada, Mexico and China. However, after the markets closed, Commerce Secretary Howard Lutnick said the president could reduce the levies on Canada and Mexico as soon as Wednesday. CBS News' Weijia Jiang and Nikole Killion have more.
The economy helped put President Trump back in the White House, and it will be a pillar of his speech to Congress. He is expected to talk about lowering prices for Americans, even as his tariffs threaten to raise them. Caitlin Huey-Burns went to York, Pennsylvania, to see how residents are rating Trump's handling of the economy so far. Then, Kelly O'Grady explains when Americans might start to feel the effects of Trump's tariffs.
The U.S.'s trade partnership with Canada has long been a key driving force for several border states' economies. Canada imposed a retaliatory tariff on U.S. goods on Tuesday. CBS News national correspondent Lana Zak reports. Asa McKercher, the Hudson Chair of Canada-U.S. relations at St. Francis Xavier University, joins "The Daily Report" to discuss the impact.
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News executive director of elections and surveys Anthony Salvanto has more.
In a social media post, President Trump says he will "tell it like it is" in Tuesday's address to Congress. CBS News' Ed O'Keefe and Fin Gómez, and political strategists Chuck Rocha and Matt Gorman, join to discuss what to expect from Trump's speech.
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and Canada. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the impact.
Six weeks into his second term, President Trump will address a joint session of Congress on Tuesday. From tariffs to DOGE cuts to an immigration crackdown, the president's agenda is already making waves at home and overseas. Sen. Elissa Slotkin is slated to deliver the Democratic response. CBS News' Nancy Cordes and Nikole Killion report on what to expect.
A new CBS News poll examines what Americans want to hear President Trump discuss in his address to Congress on Tuesday night. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
President Trump will speak to both chambers of Congress on Tuesday night and describe his vision for the future hours after sweeping tariffs went into effect against the U.S.' three largest trading partners. CBS News' Caitlin Huey-Burns and Weijia Jiang report. Then, NOTUS reporters Jasmine Wright and Daniella Diaz join with analysis.
President Trump's tariffs on Mexico, Canada and China are impacting the stock market and could make a dent in American retirement funds. Eric Diton, the president and managing director of The Wealth Alliance, joins CBS News with more.
President Trump's tariffs on goods from Canada, Mexico and China are bound to increase prices for Americans. CBS News' Weijia Jiang reports as Mr. Trump prepares to address both chambers of Congress.
President Trump is set to address both chambers of Congress as his tariffs spook investors and drive down stocks. CBS MoneyWatch correspondent Kelly O'Grady reports.
President Trump imposed tariffs on Mexico, Canada and China and retaliatory tariffs from those countries are now possible. Paul R. La Monica, a senior markets analysis writer for Barron's, joins CBS News with more on the trade war.
Vice President JD Vance is calling out Canada, suggesting the U.S. ally needs to do more to prevent drugs from entering the country through its border. CBS News' Olivia Rinaldi reports on the comments as President Trump's tariffs roll out.
Canadian Prime Minister Justin Trudeau is calling out President Trump's tariffs levied. This comes as the stock markets show signs of panic among investors over the tariffs. CBS News' Lana Zak has more businesses impacted.
Canada is responding to President Trump's tariffs with retaliatory 25% tariffs on U.S. goods. CBS News national correspondent Lana Zak has more on the impact of the tariffs between the U.S. and Canada.
As new tariffs take effect, Americans are watching for potential price increases on everyday goods. CBS News business analyst Jill Schlesinger explains how the tariffs are connected and what they could mean for your bottom line.
President Trump's 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, leading China to hit back with new tariffs on U.S. goods. Anna Coren reports on the latest developments.
New U.S. tariffs against Mexico and Canada, threatened by President Trump since his return to the White House, went into effect at 12:01 a.m. Tuesday. Existing levies against China were also raised. CBS News' Ed O'Keefe, Jill Schlesinger and Lana Zak have a full breakdown of what the tariffs mean.
President Trump will lay out his priorities during an annual address to Congress Tuesday night. Mr. Trump will also talk about what he's already done, including massive cuts to the federal workforce through DOGE. The address comes as new U.S. tariffs hit Mexico, Canada and China.
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.
Reporters whose White House access was revoked were allowed to enter the complex again, hours after a judge ordered the Trump administration to restore their press credentials.
Benjamin Netanyahu focused on Iran, and on defending Israel's actions in Gaza and the West Bank amid condemnation from fellow leaders at the U.N.
The Senate rejected a resolution aimed at limiting President Trump's war powers in Iran, though the Democrat-led effort picked up one new GOP supporter.
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
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Netanyahu's address to the U.N. marks the first time he has visited New York since Mamdani became mayor.
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Caleb Flynn, a former "American Idol" contestant, is charged with killing his wife Ashley Flynn in February and then staging the crime scene.
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
Investors are increasingly nervous about rising inflation, which could require the Federal Reserve to hike interest rates.
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The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
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Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, commanders opted not to rebase farther from Iran.
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
The U.S. is trying to retrieve the parts, which were reported by Bloomberg News to be in China's possession.
The Trump administration urged the Supreme Court to revive its policy of deporting some migrants to places other than their country of birth.
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
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Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, commanders opted not to rebase farther from Iran.
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
The U.S. is trying to retrieve the parts, which were reported by Bloomberg News to be in China's possession.
Constable Jeff Smith was shot several times, suffering wounds to his head and torso, but continued fending off the attack until a second officer arrived.
The operation "was conducted jointly with U.S. troops and the Drug Enforcement Administration (DEA)," Ecuador's interior minister said.
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Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
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Constable Jeff Smith was shot several times, suffering wounds to his head and torso, but continued fending off the attack until a second officer arrived.
The operation "was conducted jointly with U.S. troops and the Drug Enforcement Administration (DEA)," Ecuador's interior minister said.
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