China blasts U.S. upping ante in possible trade war
Calls Washington's threat to impose 2nd round of tariffs, on $200M in Chinese goods, "totally unacceptable"; vows to retaliate
China
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Farmers worry trade war will cost them
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Why a trade war with China is dangerous
Just after midnight Friday, the threat of a trade war between the U.S. and China moved from rhetoric to reality. The Trump administration imposed tariffs on $34 billion worth of Chinese goods. China immediately retaliated with duties on the same value of American products. Derek Thompson, a senior editor at the Atlantic, joins “CBS This Morning: Saturday” to discuss why China, specifically, is the wrong country to get into a trade war with and the potential outcomes if it continues to escalate.
Tariffs imposed on Chinese goods
President Trump imposed tariffs on $34 billion worth of goods imported from China Friday, and China retaliated with tariffs on pork, soybeans and cars. Ana Swanson, a trade reporter for the New York Times, spoke to CBSN about the effects these tariffs could have on workers and consumers at home and abroad.
U.S. hiring strengthens
Over 210,000 jobs were added in June despite looming “trade war” with China.
U.S.-China trade war intensifies
The U.S. imposed $34 billion in tariffs on Chinese goods and China quickly retaliated with tariffs on U.S. products, raising tensions between the two nations. This comes just a day after EPA chief Scott Pruitt announced his resignation after months of controversy. CBS News Washington correspondent Paula Reid joined CBSN with more.
U.S.-China trade war intensifies
The Trump administration is expected to impose even more tariffs on China in the coming weeks. The trade war between the world's largest economies will likely hurt companies and consumers in both the U.S. and China. CBSN contributor and Signal newsletter writer for GZERO Media, Willis Sparks, explains what's at stake for each country.
As U.S. tariffs take effect, China says it will retaliate
Beijing is calling it the "biggest trade war in economic history"
New details on tariffs, North Korea
The U.S. has imposed tariffs on $34 billion worth of Chinese products and China retaliated with tariffs on American goods. This comes as Secretary of State Mike Pompeo travels to North Korea for talks on denuclearization. "Face the Nation" moderator and CBS News senior global affairs correspondent Margaret Brennan takes CBSN through the latest developments.
China-U.S. tariffs: Trade war will push prices up, growth down
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Wisconsin cheese industry braces for impact of unwanted ingredient: tariffs
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Impact of tariffs on Wisc. cheese industry
The cheese industry is caught in the crossfire of U.S. trade disputes with other countries. As the U.S. imposes tariffs on $34 billion worth of Chinese goods, China is expected to implement retaliatory tariffs on the U.S. cheese industry and other sectors. Dean Reynolds visits Sartori Cheese company in Wisconsin, where 12 percent of its business depends on exports.
China vows to retaliate against U.S. tariffs
The Trump administration fired the first shots in a looming trade war with China. After midnight Eastern Time, the U.S. raised tariffs on $34 billion worth of Chinese goods. The president says that number will increase to $50 billion in two weeks. China's foreign ministry responded, saying retaliatory tariffs on U.S. goods are now in place, without giving details. "Face the Nation" moderator Margaret Brennan joins "CBS This Morning" from Washington to discuss the impact. Brennan also discusses Secretary of State Mike Pompeo's visit to North Korea in denuclearization efforts.
Trade war fears
The Trump administration is set to impose $34 billion in tariffs on Chinese-made goods, sparking fears of a trade war. But Isaac Stone Fish, CBSN contributor and senior fellow at the Asia Society's Center of U.S.-China Relations, says Beijing's unofficial response should be more concerning to U.S. companies operating in China.
Trump campaign economic adviser: Trade war would be "a disaster"
In an interview with CBSN, forrmer Reagan economic adviser Arthur Laffer says a trade war would seriously harm growth
Laffer says trade war would be "disaster"
In an interview with CBSN's Elaine Quijano, economist and former Reagan economic adviser Arthur Laffer said a trade war could cancel the benefits of the tax cuts and hinder growth.
U.S. tariffs against China are looming
As Beijing threatens to retaliate against looming U.S. tariffs, former Trump campaign economic adviser Arthur Laffer, who also served in the Reagan White House, tells Elaine Quijano on CBSN's "Red and Blue" that he hopes the back-and-forth is merely a negotiating tactic for President Trump and China's Xi Jinping.
Sizing up the impact of China tariffs
The World Trade Organization said uncertainty about a possible trade war is already dragging down the world economy
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Maps show forecast path of Hurricane Milton toward Florida
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Walz says "Electoral College needs to go"
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Reporter's notebook: Walz, Vance continue orange bowling tradition
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Walz says "Electoral College needs to go"
"I think all of us know the electoral college needs to go," Minnesota Gov. Tim Walz said. "But that's not the world we live in."
Reporter's notebook: Walz, Vance continue orange bowling tradition
In the decades-old tradition, the press corps traveling with a candidate rolls an orange up the aisle of the campaign jet with a question written on it. An answer is written on the orange and then rolled back to reporters.
Trump gifted Putin a COVID test machine early in pandemic, book claims
In his new book "War," Bob Woodward claims Donald Trump has had at least seven phone calls with Vladimir Putin since leaving office.
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Omaha neighborhood sees quiet battle between red and blue dots
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What is Harris' "Medicare at Home" plan and how would it work?
Kamala Harris says she would expand Medicare to cover in-home senior healthcare costs.
Americans are flocking to U.S. regions most threatened by climate change
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Disney World joins theme park closures ahead of Hurricane Milton
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Hurricane Milton snarls travel by air, land and sea. Here's what to know.
Hurricane Milton is scrapping hundreds of U.S. flights and forcing cruise ships to take evasive action.
Hurricane fraud is on the rise, feds warn. Beware these scams.
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Walz says "Electoral College needs to go"
"I think all of us know the electoral college needs to go," Minnesota Gov. Tim Walz said. "But that's not the world we live in."
Reporter's notebook: Walz, Vance continue orange bowling tradition
In the decades-old tradition, the press corps traveling with a candidate rolls an orange up the aisle of the campaign jet with a question written on it. An answer is written on the orange and then rolled back to reporters.
What is Harris' "Medicare at Home" plan and how would it work?
Kamala Harris says she would expand Medicare to cover in-home senior healthcare costs.
Trump gifted Putin a COVID test machine early in pandemic, book claims
In his new book "War," Bob Woodward claims Donald Trump has had at least seven phone calls with Vladimir Putin since leaving office.
Omaha neighborhood sees quiet battle between red and blue dots
Nebraska awards electoral votes by congressional district, and Omaha is at the heart of the state's second district.
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What is Harris' "Medicare at Home" plan and how would it work?
Kamala Harris says she would expand Medicare to cover in-home senior healthcare costs.
"The Office" star Jenna Fischer reveals breast cancer diagnosis, treatment
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Brazil's Supreme Court lifts ban on social media site X
In late August, Judge Alexandre de Moraes ordered that X be suspended in Brazil after owner Elon Musk refused to name a legal representative in Brazil.
Harris and Trump's positions on Iran and Israel as tensions flare
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Read an excerpt of Lisa Marie Presley's memoir, "From Here to the Great Unknown"
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Research on worms leads to Nobel Prize
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Supreme Court hears arguments around ghost guns
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TikTok addictive features allegations
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Why Hurricane Milton is so strong
Florida's Gulf Coast region sees many hurricanes, but the storms have grown significantly stronger in the past few years. Hurricane Milton, which is heading towards the Tampa Bay area, has maximum sustained wind speeds of 165 miles per hour, as meteorologists and politicians call it potentially catastrophic. CBS News chief meteorologist and hurricane specialist Ivan Cabrera explains why the storm is so strong.
Hezbollah, Israel trade strikes
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New book details Trump, Putin calls
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