Trump raises new global tariffs to 15%
President Trump says new 15% tariffs on imports from all countries will take effect at midnight Tuesday. It comes after the Supreme Court on Friday struck down his sweeping tariffs. Nancy Cordes has more.
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President Trump says new 15% tariffs on imports from all countries will take effect at midnight Tuesday. It comes after the Supreme Court on Friday struck down his sweeping tariffs. Nancy Cordes has more.
President Trump said he will impose a 15% global tariff, up from the 10% he imposed on Friday following the stunning Supreme Court decision on the matter. CBS News' Natalie Brand and Fin Gómez report.
Watch Margaret Brennan's full interview with European Central Bank President Christine Lagarde, a portion of which aired on "Face the Nation with Margaret Brennan" on Feb. 22, 2026.
Missed the second half of the show? Christine Lagarde, European Central Bank president, and Govs. Laura Kelly of Kansas, Andy Beshear of Kentucky, Mike Braun of Indiana and Mike DeWine of Ohio join.
After Friday's Supreme Court ruling struck a blow President Trump's tariff and trade agenda, European Central Bank President Christine Lagarde told "Face the Nation with Margaret Brennan" that "it's critically important that all people in the trade, both outside of the United States, but also in the United States, have clarity about the future of the relationships."
Days after the blockbuster Supreme Court ruling that dealt a blow to President Trump's tariffs, U.S. Trade Representative Jamieson Greer told "Face the Nation with Margaret Brennan" that the Trump administration still expects to "stand by" trade deals.
This week on "Face the Nation with Margaret Brennan," as the Supreme Court struck a blow to President Trump's tariffs, Margaret Brennan speaks to U.S. Trade Representative Jamieson Greer and European Central Bank President Christine Lagarde. Plus, Iranian Foreign Minister Abbas Araghchi joins.
Businesses could be owed nearly $150 billion in refunds after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.
While the Supreme Court struck down the Trump administration's emergency tariffs, experts said it could take years for businesses to get refunds.
President Trump fiercely criticized the Supreme Court on Friday, rebuking the justices who ruled against his sweeping tariffs. In a news conference, the president said he had a new plan using a different authority to continue the policies.
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
The Port of Los Angeles, the nation's busiest port, which processes about a third of U.S. imports and exports, saw a 13% decline in January of this year, compared with the same period last year. Gene Seroka, executive director of the port, joins "The Daily Report" to discuss.
Democratic Gov. Wes Moore of Maryland and Jared Polis of Colorado were at the White House on Friday after President Trump initially excluded them from a bipartisan governors meeting. CBS News' Fin Gómez has more.
President Trump on Friday said he signed an executive order imposing a 10% tariff on all countries "effective almost immediately." Mr. Trump told reporters earlier he would use a different trade authority after the Supreme Court struck down his emergency levies. CBS News reporter Erica Brown and legal contributor Jessica Levinson have more.
Just days ago, the New York Federal Reserve found nearly 90% of tariffs' economic burden fell on U.S. firms and consumers. Now, the Supreme Court has struck down President Trump's tariffs imposed under an emergency powers law. Jo Ling Kent joins to explain the consumer impact and whether or not Americans can expect refunds.
President Trump is promising to use alternatives after the Supreme Court rejected his emergency tariffs. So what kind of support could he get from his party moving forward? Steve Hayes, CEO and editor of The Dispatch, joins to discuss.
Early voting is now underway in a series of closely-watched Texas primaries, including the race between Democratic Rep. Julie Johnson and her predecessor, former Rep. Colin Allred. Johnson joins "The Takeout" to discuss the state of her campaign, the fight over Homeland Security funding and more.
In a 6-3 ruling, the Supreme Court struck down most of President Trump's sweeping emergency tariffs that he imposed last year. CBS News legal contributor Jessica Levinson breaks it down.
President Trump said he will implement a 10% global tariff after the Supreme Court struck down most of the tariffs he imposed last year. CBS News' Jan Crawford, Major Garrett, Taurean Small and Jo Ling Kent have more details.
President Trump met with U.S. governors at the White House on Monday as the Supreme Court struck down his emergency tariffs. Oklahoma Republican Gov. Kevin Stitt joins "The Takeout" to discuss the ruling and more.
The Supreme Court ruled against President Trump's sweeping emergency tariffs on Friday. Michael McConnell, a former federal judge and one of the lead lawyers who argued against the levies, joins "The Takeout" with his reaction to the high court's decision.
The Supreme Court on Friday struck down President Trump's emergency tariffs in a 6-3 decision, ruling that a 1977 act did not give him the authority to impose the levies. Mr. Trump said he will use other laws to advance his tariff agenda. CBS News' Jan Crawford and Willie James Inman have more.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.
President Trump called the Supreme Court ruling striking down his global tariffs "deeply disappointing" and lambasted the six justices who voted against him. CBS News' Aaron Navarro and Jo Ling Kent have the latest news, and legal contributor Rebecca Roiphe joins with more analysis.
President Trump slammed the Supreme Court justices who ruled against his sweeping tariffs and announced he will sign an order imposing a 10% global tariff under a different authority. Watch his full news conference.