President Trump said Tuesday he has struck a “massive” trade deal with Japan that calls for 15% tariffs on goods the U.S. imports from the country. The president wrote on Truth Social that, as part of the agreement, Japan will invest $550 billion into the U.S., “which will receive 90% of the Profits.” He also
As the world’s reserve currency and primary medium for financial transactions, the U.S. dollar is the linchpin of the U.S.-led global order. Add to My List Save (Illustration by The Epoch Times, Shutterstock, By Terri Wu | July 22, 2025Updated:July 22, 2025 The U.S.–China trade war may be transitioning to a monetary standoff. As U.S.
Economist discusses latest trade deals – CBS News Watch CBS News Kyle Handley, an economist and adjunct scholar at the Cato Institute, joins CBS News to discuss the latest on tariffs and trade deals. View CBS News In Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not
Texas lawmakers going after hemp again after governor’s veto – CBS News Watch CBS News Republican lawmakers in Texas have reintroduced a ban on hemp-based products after a similar bill was vetoed by Gov. Greg Abbott. Jason Allen has more. View CBS News In Be the first to know Get browser notifications for breaking news,
Disturbing images of starvation in Gaza – CBS News Watch CBS News As Israel expands its offensive in Gaza, disturbing images and reports of starvation in the Palestinian territory continue. Haley Ott reports. View CBS News In Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now
Video shows conditions inside New York City immigrant detention facility – CBS News Watch CBS News An immigrant advocacy group has released new video of a federal detention facility in New York City, where detainees allegedly only receive one meal a day and have to deal with overcrowding. Camilo Montoya-Galvez has more. View CBS News
Video released Tuesday by the New York Immigration Coalition gives a first look inside some of the holding cells of New York City’s federal immigration offices. It shows men sleeping on the floor on thin thermal blankets. At one point, a man is heard saying, “Look how they have us … like dogs in here.”