Washington — President Trump said that he will impose even higher tariffs on Canada beginning on Wednesday, doubling the levy on all steel and aluminum imports to 50%. Mr. Trump said the decision came in response to Ontario’s move to impose a 25% surcharge on electricity exports to the U.S. Mr. Trump has already imposed a
Tesla faces backlash over Elon Musk’s ties to Trump and far-right support – CBS News Watch CBS News Tesla shares have plunged more than 47% since President Trump’s inauguration as criticism mounts over Elon Musk’s involvement in the administration and his statements backing far-right views. Meanwhile, vandalism targeting Tesla dealerships and vehicles is on the
Washington — The House is expected to vote Tuesday on a stopgap measure to keep the government funded through September, as Speaker Mike Johnson works to muster GOP support for the measure days ahead of a possible government shutdown. House Republican leadership unveiled the legislation on Saturday. It would increase defense spending, and includes additional funding
Shutdown fears grow as House Republicans battle over funding bill – CBS News Watch CBS News House Speaker Mike Johnson is set to hold a vote on a GOP spending proposal, but opposition from both parties puts its passage in doubt. With Democrats vowing to vote against it and some Republicans resisting, Congress faces a
NOAA cuts raising concerns over public safety – CBS News Watch CBS News Another wave of mass firings could be hitting the National Oceanic and Atmospheric Administration. The agency, which includes the National Weather Service, could ultimately lose about 20% of its staff. Rob Marciano reports. View CBS News In Be the first to know
Government shutdown looms amid budget showdown in Congress – CBS News Watch CBS News Congress is staring down a deadline to fund the government by the end of the week, as the familiar threat of a shutdown looms over Washington. Nikole Killion explains. View CBS News In Be the first to know Get browser notifications
U.S. stocks plunge after Trump’s comments on potential recession sparks sell-off – CBS News Watch CBS News Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly O’Grady has more. View CBS