U.S. says China's chip policies are unfair but will delay tariffs to 2027
The U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
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The U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
The main distillery will be closed for site enhancements, the company said. The pause comes after whiskey production has dropped amid a challenging year.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The price of imported plastic Christmas trees is up, the majority of which are made in Asia and subject to tariffs introduced by President Trump earlier this year.
Brazil's federal police arrested former President Jair Bolsonaro, who was convicted of leading a coup attempt.
President Trump floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
President Trump exempted foods like beef and bananas from his sweeping country-by-country tariffs on Friday.
The Trump administration is considering a new import duty on 13 of Italy's largest pasta exporters, including Barilla and La Molisana.
While flying back to Washington on Air Force One after the meeting, Trump told reporters it was a "great success" and said he would head to China in April for new talks.
President Trump told reporters as he flew into Japan that he expects to have a trade agreement with China finalized by the end of his tour of Asia.
The president said last month he would impose a 25% tariff rate on all medium- and heavy-duty trucks imported into the U.S.
President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month — marking a significant escalation in the U.S.-China trade war.
President Trump announced a 100% tariff on pharmaceutical drugs, a 50% tariff on kitchen cabinets and bathroom vanities, a 30% tariff on upholstered furniture and a 25% tariff on heavy trucks.
Here's why groceries are costing more, and what American consumers can do to save money at the supermarket.
From skeletons to pumpkins and costumes, tariffs could drive up costs this Halloween.
A new survey predicts Americans will spend $1,552 per person on average, 5% less than they did in 2024.
President Trump has claimed the authority to bypass Congress and impose sweeping tariffs, but a new ruling throws that in doubt.
Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
The U.S. and China have been working on a long-term trade deal. For now, U.S. tariffs on Chinese goods remain at 30%.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
The Trump administration is poised to hit dozens of nations around the world with higher tariffs starting next week.
