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4/23: CBS Evening News – CBS News Watch CBS News Why Trump may be reversing course on China tariffs; Pope Francis was a lifelong soccer fan Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

The chief executives of Walmart and Target privately warned President Trump this week that his sweeping tariff policy could disrupt supply chains and lead to empty shelves in the coming weeks, sources familiar with the White House meeting told CBS News.The CEO of Home Depot was also present at Monday’s closed-door meeting. Axios was first to report on the retail executives’ warnings to Mr. Trump.Target and Walmart declined to comment on the specific warnings.Following their meeting with Mr. Trump on Monday, both companies did issue statements.”We had a productive meeting with President Trump and his team and appreciated the opportunity…

Activism / April 18, 2025 The coach of the Golden State Warriors stands up to bullies like Donald Trump. Let’s hope that others in the NBA will follow suit. Ad Policy Head coach Steve Kerr of the Golden State Warriors looks on during the second quarter of the game against the Portland Trail Blazers on April 11, 2025, in Portland, Oregon.(Alika Jenner / Getty Images) Golden State Warriors head coach Steve Kerr had finally seen enough. After his team’s play-in game against the Memphis Grizzlies, he arrived at the post-game press conference wearing a Harvard basketball T-shirt. Kerr made the…

China on Thursday denied U.S. President Donald Trump’s assertion that the two sides were involved in active negotiations over tariffs, and said the U.S. should revoke its unilateral tariffs against the nation. China’s pushback on tariffs, with U.S. import duties now standing as high as 145% on China-made products, comes after Mr. Trump said Tuesday that the final tariff rate on China’s goods would come down “substantially.” But Beijing on Thursday said that any suggestion of progress in this matter was as groundless as “trying to catch the wind.”The trade war between China and the U.S. has escalated during the past…

Treasury Secretary Scott Bessent on Wednesday said the Trump administration has an “opportunity for a big deal” on trade between the U.S. and China, providing a hint that a brutal tariff war between the two nations could ease up.Bessent, who delivered the keynote address at the Institute of International Finance in Washington, D.C., today, said that the Trump administration wants the U.S. economy to rebalance toward more manufacturing, while urging China to shift away from what he called “export-led manufacturing growth.””China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want…

A sign for new voter registration is seen outside a polling location in Derry, N.H., on March 11. Reba Saldanha/AP hide caption toggle caption Reba Saldanha/AP A federal judge in Washington, D.C., has paused a key section of President Trump’s executive order that makes sweeping changes to voting and elections. Critics of Trump’s March 25 executive order say it could disenfranchise millions of would-be voters, and exceeds presidential authority. The executive order instructs the independent Election Assistance Commission (EAC) to change the national mail voter registration form to require that applicants show a document proving U.S. citizenship before they can…

Momentum from a two-day relief rally in the stock market slowed considerably on Thursday, with mixed signals about tariff negotiations tempering investor’s optimism.Before trading kicked off, both the Dow Jones Industrial Average futures and S&P 500 futures were down, 194 points, or 0.5%, and 10 points and 0.2%, respectively, signaling a weaker start to the day on Wall Street. The tech-heavy Nasdaq Composite futures, on the other hand, were up 2.5%. “Stocks are sliding so far this morning after China threw cold water on hopes of a trade détente w/the U.S. while investors shrugged at reports of some auto tariff exemptions…

The chaos and cruelty of the Trump administration reaches new lows each week. Trump’s catastrophic “Liberation Day” has wreaked havoc on the world economy and set up yet another constitutional crisis at home. Plainclothes officers continue to abduct university students off the streets. So-called “enemy aliens” are flown abroad to a mega prison against the orders of the courts. And Signalgate promises to be the first of many incompetence scandals that expose the brutal violence at the core of the American empire. At a time when elite universities, powerful law firms, and influential media outlets are capitulating to Trump’s intimidation,…

Gov. Whitmer talks tariffs with Michigan auto dealers Gov. Whitmer talks tariffs with Michigan auto dealers 00:56 President Trump is set to visit Michigan next week for the first time since he won the battleground state in the 2024 election.Mr. Trump’s press secretary, Karoline Leavitt, confirmed on X that he will be in the state on Tuesday, to mark the Trump administration reaching the 100-day mark. The Detroit News first reported on the president’s upcoming visit. “President Trump is excited to return to the great state of Michigan next Tuesday, where he will rally in Macomb County to celebrate the first…

Vincent van Gogh once advised aspiring artists to treat their creative pursuits like a flame: “One must never let the fire go out in one’s soul,” he said, “but keep it burning.”Billy McFarland, a felon whose so-called creative pursuits have cost victims millions of dollars, has burned down plenty along the way. His internationally mocked and infinitely memed Fyre Festival in 2017, now cultural shorthand for hubris of the elite, was a scam that sent Mr. McFarland to prison for nearly four years. While awaiting sentencing in the Fyre Festival case, Mr. McFarland started a V.I.P. ticket service that promised…