Latest in Impact Trump's Tariffs
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Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - Jan. 15 -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
Volunteers reflect on impact of food donations for LA fire victims, first responders
Local volunteers, restaurants and organizations like World Central Kitchen worked all weekend to support LA firefighters and evacuees.ABC News - Jan. 14 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
Majority of Britons believe Musk having negative impact on UK politics
More voters think tech tycoon’s comments on grooming gangs are unhelpful than those who back him. More than half of voters think Elon Musk is having a negative effect on British politics following ...The Guardian - Jan. 11 -
Trump’s Day 1: Incoming president looks set to act on tariffs, crypto, energy and immigration
On his first day back in office, President-elect Donald Trump is planning to go big on executive orders and other actions, including ones that aim to rollback some of his predecessor’s policies. ...MarketWatch - Jan. 11 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Americans stocking up on foreign goods before Trump tariffs: ‘a sense of urgency’
As inauguration day approaches, consumers scooping up iPads, building supplies, shelf-stable foods and electric cars. Tablets and appliances made in China, hybrid cars built in Canada, European ...The Guardian - Jan. 11 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Los Angeles restaurants providing food, relief for those impacted by fires
Amid the Los Angeles fires restaurants are helping serve meals and free food, water and facilitating donations for first responders and the affected community.ABC News - Jan. 10 -
Lasting psychological impacts of natural disasters on survivors
As massive flames continue to ravage Southern California, survivors are left to pick up the pieces. Dr. Sue Varma talks about the long-term psychological effects of natural disasters, highlighting ...CBS News - Jan. 10 -
What to know about theme parks impacted by California fires
Fast-moving fires continue to burn across the Los Angeles area.ABC News - Jan. 10 -
Early ‘forever chemicals’ exposure could impact economic success in adulthood – study
Those who lived in regions with firefighting training areas earned about 1.7% less later in life, research shows. Early life exposure to toxic PFAS “forever chemicals” could impact economic success ...The Guardian - Jan. 10 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - Jan. 9 -
Trudeau: Trump threatened to annex Canada to distract from tariffs impact
Canadian PM says ‘skilful negotiator’ Trump is trying to distract from rise in prices that would follow his proposed tariffs. The Canadian prime minister, Justin Trudeau , has described Donald ...The Guardian - Jan. 9 -
NFL monitors Los Angeles wildfires: Rams send support to those impacted, thank first responders for assistance
The fires have forced tens of thousands to evacuateCBS Sports - Jan. 9 -
Jimmy Carter's funeral highlights his impact as U.S. president
Those who eulogized former President Jimmy Carter at his funeral in Washington, D.C., highlighted his impact in the U.S. and around the world. CBS News' Major Garrett breaks down the funeral's most ...CBS News - Jan. 9 -
Actor Steve Guttenberg moves abandoned cars in areas impacted by Los Angeles wildfires
Actor Steve Guttenberg, who lives near Pacific Palisades, has been helping to evacuate residents and move cars to clear a path for firefighters. He said after an evacuation order was issued, many ...CBS News - Jan. 9 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South KoreaFinancial Times - Jan. 9 -
How weather is impacting the spread of the Southern California wildfires
Powerful Santa Ana winds, coupled with bone-dry conditions, created the perfect conditions for the wildfires that have scorched Los Angeles County this week. Downtown L.A. has received just over a ...CBS News - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...NBC News - Jan. 8 -
Kawhi Leonard stepping away from Clippers to be with family impacted by Los Angeles fires
Kawhi Leonard's family is safe in Los Angeles after having to evacuate due to the fires in the region this week.Yahoo Sports - Jan. 8 -
Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - Jan. 8 -
Biden: Impact from California wildfires is 'astounding'
President Biden spoke after receiving a briefing from officials in California about the spreading wildfires. Biden pledged federal support for those impacted, mentioned that his sons' home may have ...NBC News - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8