Latest in Pence on Trump tariffs: 'Largest peacetime tax hike in U.S. history'
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China hikes tariffs on U.S. goods to 84%, as EU also hits back
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.CBS News - 1d -
How much could Trump's tariffs hike the price of your wine and whisky?
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.CBS News - 1d -
China and Europe Retaliate as Trump’s Tariffs Kick in
China announced a tariff hike on U.S. imports to 84 percent from 34 percent, while the EU said it would impose 25 percent tariffs on a range of U.S. imports.Inc. - 1d -
Trump retreats but still puts U.S. tariff rate at its highest level in a century. Here’s what it means for prices for clothes, food and more.
One study of the current state of U.S. tariffs and foreign retaliation suggests that Wednesday’s euphoria over President Donald Trump’s partial retreat was overdone.MarketWatch - 5h -
Delta Warns Trump’s Trade War Will Weigh on the Economy
Delta is one of the largest U.S. companies to warn about the impact of trade tensions on its business.The New York Times - 1d -
Trump pauses most new tariffs for 90 days, increases China tariffs to 125%
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."CBS News - 1d -
Watch: What's behind Trump's 90-day tariffs pause?
News of the US president's plan to halt higher-band taxes came as a surprise on Wednesday, but was it part of a plan?BBC News - 7h -
Trump threatens to impose an additional 50% tariff on China
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products. Beijing bristled at his latest threat.CBS News - 2d -
Walmart Says Trump’s Tariffs Have Added Uncertainty to Its Outlook
Executives at the largest retailer in the United States acknowledged the new environment, but told investors that they were confident in the company’s strategy.The New York Times - 1d -
China says it's open to talks as Trump pauses tariffs on other nations
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."CBS News - 19h -
GOP pollster finds support for Trump tax proposals in most key Senate battlegrounds
An internal poll conducted by GOP pollster Fabrizio Ward found support for President Trump’s tax proposals in most Senate battleground states ahead of the upcoming budget reconciliation battle in ...The Hill - 6h -
Trump's new tariff on China is 'more of an embargo,' Jim Cramer says
CNBC's Jim Cramer on Thursday gave investors his read on what steep tariffs on China mean for the U.S. economy.CNBC - 7h -
Trump's triple-digit tariff essentially cuts off most trade with China, says economist
President Trump's tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York.CNBC - 10h -
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 5h -
A proposed tax credit could help homeowners hit by climate-fueled natural disasters
Two U.S. senators introduced a bill Tuesday that aims to minimize damage to homes and communities from floods, wildfires and other natural disasters through a federal tax credit.NBC News - 2d -
Shopping for an EV or Plug-In Hybrid? Here Are the Ones Built in the US
Donald Trump’s import tariffs will put pressure on the EV market. But these US-assembled battery-powered cars may avoid the worst of the price hikes.Wired - 20h -
Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.
Even companies that make clothing in America aren’t feeling great about stiff duties on their overseas competition.The New York Times - 10h -
Danish shoppers boycott U.S. products as Greenland — and trade — tensions escalate
Incensed by President Donald Trump's posturing over Greenland and sweeping trade tariffs, Danish shoppers are turning their backs on American products.CNBC - 59m -
Companies See China as a Safe Harbor Amid Trump’s Tariffs
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.The New York Times - 1d -
China Says Shoppers Will Offset Trump Tariffs, But Doubts Remain
If sky-high U.S. tariffs hurt China’s exports, domestic spending will help make up for it, Beijing says. But shoppers were skittish even before the trade war.The New York Times - 19h -
Apple has few incentives to start making iPhones in U.S.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the UABC News - 13h -
How China's exporters are scrambling to mitigate the impact of punishing U.S. tariffs
For China's exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.CNBC - 57m -
Market drop wipes out some gains of historic rally as tariffs sink in
The major U.S. stock indexes dropped sharply on Thursday, a stark reminder that President Donald Trump continues to pursue a tariff agenda capable of throwing the global economy into chaos.NBC News - 16h -
U.S. dollar index suffers biggest drop since 2022, hits new low for the year
The dollar has fallen since President Donald Trump announced new tariffs last week.CNBC - 9h -
Senate Republicans nudge Trump's trade chief for tariff end game
U.S. Trade Representative Jamieson Greer provided little of the clarity senators of both parties were seeking in a Finance Committee hearing Tuesday.Politico - 2d -
EU chief welcomes Trump's pause but quiet about the bloc's own retaliatory duty plan
European Commission President Ursula von der Leyen has welcomed President Donald Trump’s decision to temporarily halt most U.S. tariffs, but she did not say whether the EU will press ahead with its ...ABC News - 19h -
4/10: CBS Evening News
U.S. bag designer says she's already feeling the pain from Trump's China tariffs; Trump tackles showerhead water pressureCBS News - 3h -
As Trade War Heats Up, Most U.S. Businesses Stick With China Plans
Despite spiking tariffs on imports from China, U.S. companies view the country’s manufacturing advantages and domestic market potential as too valuable to renounce.Inc. - 12h -
Even Streaming Services Might Be Hurt by Trump’s Tariffs
President Trump’s tariffs don’t hit streamers like Netflix directly. But they could impact what streaming services release—and how much people are willing to pay for it.Wired - 2d -
Trump announces 10% baseline tariff on all countries | Special Report
President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News' special report.CBS News - 8h -
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliationFinancial Times - 10h -
China vows to fight Trump's tariff trade war "to the end"
As President Trump threatens China with even more tariffs, Beijing says it will never bow to "unilateral bullying," and "will fight to the end."CBS News - 2d -
See the full list of reciprocal tariffs by country from Trump's chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.CBS News - 1d -
What Trump has said about tariffs as stock market reacts
The Trump administration's imposition and walkback of tariffs has led to stock volatility and sparked worries of a global trade war and recession.CBS News - 1d -
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
The legal organization behind a lawsuit challenging President Trump’s tariffs is funded by groups linked to Charles Koch and Leonard A. Leo.The New York Times - 4h -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 4h -
Trump floats plan for undocumented farm and hotel workers to work legally in the U.S.
Trump said in a Cabinet meeting that workers vouched for by employers would "go out" and "they’re going to come back as legal workers.”NBC News - 8h -
Why Trump’s Tariffs Are Rattling Even Meta
Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs. But President Trump’s trade actions are hitting even social networking businesses.The New York Times - 6d -
Lawmakers pursue avenues to counter Trump tariffs
Backlash to President Trump's tariffs cropped up throughout Capitol Hill in recent days, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.CBS News - 1d