Articles

  • 5 days ago | cbsnews.com | Mary Cunningham |Alain Sherter

    President Trump signaled Friday that the U.S. may be open to lowering tariffs on China. "80% Tariff on China seems right!" he wrote on Truth Social, his social media platform. "Up to Scott B."The conciliatory tone of Mr. Trump's post comes as Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are scheduled to meet with Chinese negotiators this weekend in Switzerland.

  • 6 days ago | cbsnews.com | Mary Cunningham |Alain Sherter

    Trump announces U.K. trade agreement President Trump claims that other countries and exporters to the U.S. will largely pick up the cost of tariffs. Yet recent data shows that companies are moving to pass along those added expenses to American consumers, threatening to push up prices.

  • 6 days ago | cbsnews.com | Mary Cunningham |Aimee Picchi

    Trump to announce trade deal with U.K. Markets rallied Thursday as investors awaited a trade agreement between the United States and United Kingdom. Mr. Trump is set to announce the deal at 10 a.m. ET from the Oval Office. The S&P 500 rose 14 points, or 0.25%, to 5,645 in early trading, while the Dow Jones Industrial Average rose 89 points, or 0.22%, to 41,203. The Nasdaq composite also made gains, increasing 0.5%.

  • 1 week ago | cbsnews.com | Mary Cunningham

    Trump: Trade deals could be announced soon President Trump says the U.S. may be close to announcing new tariff agreements as his administration faces pressure to strike deals with major trade partners before a 90-day pause on reciprocal tariffs ends on July 9.

  • 1 week ago | cbsnews.com | Mary Cunningham

    As of Wednesday, U.S. travelers flying domestically are required to show a Real ID at airport checkpoints. The May 7 deadline for Americans to switch to the federally compliant identification comes after being delayed for more than 20 years. In the weeks before the new ID requirement was set to take effect on Wednesday, travelers gathered outside of state driver's license agencies across the country to secure their Real ID, which has a star marking at the upper-right part of the card.