Julia Doyle

3 weeks ago | cbsnews.com | Julia Doyle |Kelly O'Grady |Joe Enoch

President Trump's ever-changing tariffs have caused some confusion for Americans, as higher prices and expectations of empty store shelves threaten to change the ways consumers stock up on essentials. Assuaging concerns among consumers and on Wall Street — at least for the time being — a U.S. agreement with China, announced on Monday by the White House, would effectively reduce the level of U.S. taxes still in place on Chinese goods to about 30% from 145%.