Latest in Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%
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Apr 9: CBS News 24/7, 4pm ET
Trump increases tariffs on China to 125% while pausing tariffs beyond 10% for other countries; '60 Minutes' finds 75% of migrants deported to El Salvador prison had no criminal record.CBS News - 4h -
What we know about Trump's tariff pause
President Trump has announced a 90-day pause on reciprocal tariffs for most U.S. trade partners while increasing tariffs on China to 125%. Stocks surged with the news. CBS News' Ed O'Keefe, Kelly ...CBS News - 6h -
Trump tariffs live updates: Phones, computers, chips exempt from new tariffs
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.ABC News - 22h -
The Chinese goods Americans most rely on, from microwaves to Barbies
Donald Trump’s tariffs will hit millions of video game consoles, electric fans and toys shipped to the US from ChinaFinancial Times - 1d -
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 - 3d -
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.CNBC - 10h -
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...CBS News - 1d -
Trump Halts China Tariffs on Smartphones, Computers, Electronics
China will be evaluating the impact of these tariff exclusions.Inc. - 45m -
Latest details on Trump's tariff pause
President Trump announced Wednesday he's increasing tariffs on China while pausing reciprocal tariffs against most other U.S. trade partners for 90 days. Lindsey Reiser anchored CBS News' live ...CBS News - 6h -
Neel Kashkari: Fast resolution with countries over tariffs will ease recession fear
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said a fast resolution between the Trump administration and countries with tariffs will help ease the fear of a recession. ...The Hill - 8h -
Tesla Halts Orders in China on U.S. Imported Models
An “order” button was removed from Tesla’s Chinese website after Beijing raised tariffs on U.S. imports in response to President Trump’s levies against the country.The New York Times - 2d -
China urges Trump to correct mistakes and heed 'rational voices' on reciprocal tariffs
China's Commerce Ministry called tariff exemptions a "small step" but urged the U.S. to "completely abolish" reciprocal tariffs.CNBC - 9h -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 3d -
Apr 4: CBS News 24/7, 1pm ET
Dow drops more than 1,000 points after China retaliates with tariffs on U.S. goods; Consumer impacts of Trump's sweeping tariffs explained.CBS News - 1d -
Trump’s Trade War Is Strengthening China’s Soft Power
President Trump’s tariffs are boosting China’s global image even as they threaten to decimate its economy.Wired - 3d -
EU Countries Go on Tariff Defense
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.The New York Times - 2d -
Beijing Tells City Residents to Stay Home as Strong Winds Hit China
Beijing residents were told to stay home, tourist sites were closed and thousands of flights were canceled across the country.The New York Times - 1d -
Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.The New York Times - 2d -
'Massive game of chicken' between U.S. and China on trade
Consumer confidence dips after a tumultuous economic week amid President Trump's escalating tariffs on China. CNBC Senior Economics Reporter Steve Liesman and former U.S. Ambassador to China ...NBC News - 2d -
US stock markets expected to recover after Trump drops tariffs on mobiles
Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia. US stock markets were expected to stage a recovery on Monday after Donald Trump ...The Guardian - 8h -
10-year Treasury yield tops 4.5% after surge this week that's worrying Wall Street and the White House
The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's fast-changing tariff policies.CNBC - 2d -
US deports 10 more alleged gang members to El Salvador, says Rubio
Secretary of state says ‘criminals’ were taken to country thanks to alliance between Trump and Nayib Bukele. The US has deported another 10 people that it alleges are gang members to El Salvador , ...The Guardian - 4h -
Mortgage rates surge over 7% as tariffs hit bond market
Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.CNBC - 2d -
Trump exempts phones, computers, chips from new tariffs
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.CNBC - 1d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 1d -
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.The New York Times - 1d -
Customs 'glitch' impacting Trump tariffs fixed after lasting for more than 10 hours
A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it is a bad sign for the supply chain.CNBC - 2d -
Trump’s Trade War With China Is Now Hurting Hollywood—and US Soft Power
On Thursday, Chinese officials retaliated against President Donald Trump’s tariffs by imposing new restrictions on US movies. That’s a big blow to America’s cultural cachet in the nation.Wired - 3d -
Khanna believes manufacturing 'isn’t going to come here' due to Trump's tariffs
Rep. Ro Khanna (D-Calif.) believes manufacturing “isn’t going to come” to the U.S. despite the Trump administration placing tariffs on countries to do so. Khanna, who represents Silicon Valley, ...The Hill - 8h -
White House unveils new exemptions on some Trump tariffs
The White House has revealed new exemptions for some of President Trump's tariffs, specifically for electronics like smartphones and computers assembled in China. NBC News' Maggie Vespa has more.NBC News - 1d -
Trump defends tariff exemptions for electronics: Nobody getting 'off the hook'
President Trump defended his move on Friday to exempt some electronics from the escalating tariff war with China. He denied the announcement amounted to an "exception," arguing instead the products ...The Hill - 3h -
Faisal Islam: Trump's iPhone olive branch is a significant trade war retreat
Exempting electronics from US tariffs is a stunning about-turn by the Trump administration after 10 days of chaos.BBC News - 16h -
Why does Trump love those ‘beautiful’ tariffs? It didn’t start with China.
“Make America Great Again” longs for an America that can never be again.MarketWatch - 1d -
Bond Market is Upended by Trump’s Tariffs
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.The New York Times - 2d -
Apr 4: CBS News 24/7, 10am ET
Global stock markets drop after China announces retaliatory tariffs on U.S. goods; New York man receives rare triple-organ transplant operation.CBS News - 1d -
Karl Rove urges Trump to avoid tariff ‘happy talk’ amid economic uncertainty
Longtime Republican operative and Fox News contributor Karl Role urged President Trump and his administration to avoid “happy talk” around tariffs amid the uncertainty around the country’s ...The Hill - 1d -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 1d -
Trump’s trade war shatters hopes of 2025 luxury revival
US-China tariffs look set to condemn industry to another difficult yearFinancial Times - 6h -
Trump tariff plans bring wide concern about financial impact — CBS News poll
President Trump's approvals on economy and inflation dip, as Wall Street has one of its most volatile weeks in recent years.CBS News - 1h -
China’s exporters defy US ‘paper tiger’ as Beijing invokes Mao
Stoic defiance in ‘trinket town’ echoes Beijing’s insistence that nation can prevail against Donald Trump’s tariff blitzFinancial Times - 2d