Global Tariffs | LeadStory

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Toymaker takes tariff fight to Supreme Court: "I definitely want my money back"

Toymaker Rick Woldenberg made it his mission to challenge President Trump after he imposed sweeping tariffs earlier this year. Now, his fight has landed in the Supreme Court. Maurice DuBois reports.

CBS America

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Supreme Court deciding if Trump has the power to unilaterally impose tariffs

The Supreme Court heard arguments on Wednesday on the legality of President Trump's sweeping tariffs on foreign imports. CBS News legal contributor Jessica Levinson has more.

CBS News

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Transatlantic wine and spirits trade faces new normal

Six months since U.S. President Donald Trump’s ‘reciprocal' tariffs, Karen Tso examines how the wine and spirits sector has been affected and what’s ahead for this multibillion-dollar industry.

CNBC

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Talks still halted as U.S. tariffs on some imported trucks, buses take effect

New U.S. tariffs on some large imported vehicles are now in effect. President Donald Trump imposed a 25 per cent levy on medium- and heavy-duty trucks and a 10 per cent tariff on buses, though there will be a carveout for vehicles traded...

CBC News

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Trump says Canada apologises for anti-tariff ad

U.S. President Donald Trump says Prime Minister Mark Carney apologized for the Ontario government ad featuring Ronald Reagan’s anti-tariff message. The Prime Minister's Office has not confirmed whether Carney apologized.

CBC News

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APEC summit ends, Trump and Xi reach truce in trade war

The two-day APEC summit in South Korea has wrapped up with President Lee Jae Myung handing over hosting duties to China. Chinese President Xi Jinping has announced the southern city of Shenzhen as the site for next year's summit.

Al Jazeera

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Trump’s tariffs on truck imports taking effect

U.S. President Donald Trump’s additional 25 per cent tariff on imported medium- and heavy-duty trucks is kicking in. While there will be a carveout for vehicles traded under the Canada-U.S.-Mexico Agreement, some Canadian manufacturers a...

CBC Canada

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Carney calls Xi meeting a ‘turning point’ for Canada and China

Prime Minister Mark Carney has committed to tackling ‘irritants’ with Chinese President XI Jinping as the two countries had their first formal leader-to-leader contact since 2017. Carney was also invited by Xi for a state visit.

CBC Canada

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Trump says Carney apologized to him for Ford’s anti-tariff ad

CBC News

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Trump announces deal with China after talks with Xi in South Korea

Washington and Beijing are "in agreement on many things," U.S. President Donald Trump said after the face-to-face meeting that lasted nearly two hours, the first between both leaders in six years.

Euronews

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U.S. Halloween retailers feel brunt of tariffs on Chinese products

Tariffs on Chinese exports to the U.S. are raising prices on Halloween supplies for consumers. One supply store owner in Washington D.C. says 95% of all of his wares are from China - making his business extremely sensitive to tariff incr...

France 24

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What are rare earth elements and why are they important?

So-called rare earth elements refer to 17 chemically-similar, silvery-white elements that are used to make magnets – which in turn power motion for electric vehicles, cell phones, missile systems and other electronics. But how critical a...

Reuters

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Trump says he's reached a deal with China's Xi

President Trump said he's reached a deal with Chinese President Xi Jinping that could be signed "very soon." Mr. Trump says the U.S. will reduce tariffs on Chinese goods by 10% as China works to reduce the flow of fentanyl.

CBS News

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Trump boasts about 'amazing' meeting with China's Xi Jinping

President Trump says his meeting with Chinese President Xi Jinping went well after several agreements were made, but a concrete trade deal has not yet been signed.

CBS News

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U.S. and China move to ease trade tensions

U.S. President Donald Trump returned to Washington on Thursday after a high-stakes face-to-face meeting with Chinese President Xi Jinping, announcing new steps to ease trade tensions between the world’s two largest economies.

Africanews

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Trump says China tariff down to 47% from 57% after meeting Xi

U.S. President Trump and Chinese President Xi wrapped up a high-stakes, highly-watched meeting in Busan, South Korea. Trump says China has agreed to make changes to its rare earths and fentanyl policies, and will begin buying U.S. soybea...

CNBC

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What to expect from Trump meeting with Xi Jinping

President Donald Trump will meet Thursday with China's President Xi Jinping. While the leaders have clashed over trade in recent months, Trump is optimistic they can strike a deal.

CBS America

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APEC summit: Can Trump and Xi cool the U.S.-China trade war?

As the Asia-Pacific Economic Cooperation (APEC) summit kicks off in South Korea, all eyes are on U.S. President Trump and Chinese leader Xi. Can the world's most powerful politicians deescalate the U.S.-China trade war, or will tariffs a...

DW News

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Trump to meet Xi in Busan for pivotal talks on trade & global economy

U.S. and Chinese leaders are expected to sign a trade deal in their first meeting since 2019.

Al Jazeera

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Trump set to meet with China's Xi

CNBC's Eamon Javers reports on news regarding President Donald Trump, who is set to meet with China's President Xi Jinping in South Korea.

CNBC

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Trump given golden crown in South Korea

It has been tricky to strike a deal with South Korea, with the sticking point being President Donald Trump's demand for $350 billion of direct investment in the United States.

Euronews

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Trump working on trade deals with South Korea, China

U.S. President Donald Trump is in South Korea to discuss trade on Wednesday as part of his Asia tour. CBS News' Ramy Inocencio has more details.

CBS News

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U.S.-India trade talk troubles: Here's what you need to know

Trade talks continue to break down between the U.S. and India. As world leaders rush to get a meeting with President Donald Trump at the ASEAN summit, Indian prime minister Narendra Modi has skipped the meeting altogether.

CNBC

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China and ASEAN, hit by U.S. tariffs, sign upgraded free trade pact

The ASEAN bloc of Southeast Asian nations and China signed an upgrade to their free trade agreement, which includes sections on digital, the green economy and other new industries, Beijing's Commerce Ministry said.

Reuters

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Mexico says U.S. extending trade deadline for several weeks

CNBC's Eamon Javers reports on Mexico's President Claudia Sheinbaum and news of the U.S. extending its trade deadline with the country.

CNBC

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China urges free trade amid U.S. tariff talks at ASEAN summit

U.S. President Donald Trump declined to meet with Canada's Prime Minister Mark Carney as trade tensions linger, while China and the United States moved toward easing tariffs.

Reuters

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Carney looks for allies in Asia as U.S. trade war escalates

Canadian Prime Minister Mark Carney is selling his country as a reliable trading partner during a trip to Malaysia for the Association of Southeast Asian Nations (ASEAN) Summit. The trip coincides with a threat from U.S. President Donald...

CBC News

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Trump lands in Japan with U.S.-China deal in sight

U.S. President Donald Trump stopped in Japan on his Asia trip, meeting with the country's emperor. Also planned during the trip is a meeting with China's Xi Jinping. Trump said he thinks "we're going to have a good deal with China" after...

CBS News

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U.S. and China reach preliminary trade deal on rare earths, tariffs

The U.S. and China reached a preliminary agreement that would prevent a new round of steep tariffs and keep critical rare earth mineral supplies flowing to the U.S. from China.

Fox News

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U.S.-China trade deal closing in ahead of meeting between Trump and Xi

Beijing decided to implement tighter restrictions on rare earths exports that are needed for advanced technologies. In response, Trump threatened additional tariffs on Chinese imports.

Euronews