Latest in Wall Street opens as China imposes 125% tariffs on U.S. goods
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China says it's raising tariffs on U.S. goods to 125%
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.CBS News - 1d -
China Raises Tariffs on U.S. Imports to 125%, Calling Trump’s Policies a ‘Joke’
Beijing’s retaliation came after the White House ratcheted up its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.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 - 2d -
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 - 1d -
Trump’s Tariffs Shroud Wall Street’s Earnings Outlook
S&P 500 companies face high uncertainty amid trade war and recession fears.Inc. - 1d -
Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries
A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.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 - 1d -
4/7: CBS Evening News Plus
Recent cuts to cybersecurity workers across U.S. agencies fuel safety concerns; Reporter's Notebook: Wall Street wobbles as Main Street worriesCBS News - 1d -
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 - 8h -
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 - 12h -
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 - 1d -
U.S. exempts smartphones, computers from global Trump tariffs
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.CBS News - 9h -
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 - 2d -
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 - 2h -
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 - 15h -
4/8: CBS Evening News Plus
Big swings rock Wall Street amid hope for tariff negotiations; Reporter's Notebook: What MLB legend Hank Aaron's life can teach us about staying the courseCBS News - 2h -
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 - 11h -
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 - 2d -
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 - 2d -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 1d -
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 - 11h -
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 - 2d -
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 - 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 - 1d -
Apr 8: CBS News 24/7, 10am ET
Stocks rebounding after wild day on Wall Street; Supreme Court lifted a federal judge's order that blocked the Trump administration from using the Alien Enemies Act to deport migrants to El Salvador.CBS News - 12h -
How to stabilize a region, gain a friend, and combat China: Partner with Africa
The U.S. should establish a U.S.-Africa Security Defense Tax Credit to incentivize American companies to invest in Africa's critical minerals sector, reducing dependence on China and fostering ...The Hill - 10h -
China to reduce the number of Hollywood films allowed amid trade war
China's film arm said Thursday it would "moderately reduce the number of American films imported" into the country. The country was once a vital market for U.S. blockbusters.Los Angeles Times - 2d -
Trump Tariffs Add to Apple’s Long-Standing Innovation Woes
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 1d -
What Some Chinese Exporters Say About Trump’s Trade War
At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.Inc. - 1d -
‘There’s no bad time to buy a house, only a bad time to sell one’: Will Trump’s trade war lead to a reduction in house prices?
Will Trump’s tariffs push the U.S. into a recession?MarketWatch - 12h -
Apple, Nvidia score major wins with tariff exemptions on iPhones and other tech
Smartphones, laptops and equipment for chipmaking are among items exempt from China tariffs under new guidance from the government.MarketWatch - 12h -
Trump pushes trade partners to buy more U.S. energy as a way to avoid higher tariffs
Trump says he wants to slash the U.S. trade deficit and achieve what he calls "energy dominance."CNBC - 1d -
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 - 2d -
How Trump’s TikTok Negotiations Were Upended by China and Tariffs
The future of the popular video app is now at the center of a geopolitical tussle between Washington and Beijing.The New York Times - 3d -
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 - 11h -
Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his new tariffs, new guidance from U.S.NBC News - 14h -
Pope Francis, in Street Clothes, Makes Surprise Visit in St. Peter’s Basilica
Appearing publicly in street clothes for the first time as pontiff, Pope Francis went into St. Peter’s Basilica to pray and greet the faithful.The New York Times - 1d -
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 - 4h -
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 - 5h