An Exclusive Conversation With U.S. ICE Agents
The agents describe their experience working for the organization and why the protests and assaults on agents haven't stopped them from doing their jobs. They also debunk the rhetoric surrounding the detention facilities, emphasizing that the illegal migrants detained by ICE are in clean facilities and well fed.
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CNN
19 minutes ago
- CNN
Trump unveils new US tariffs for every country
Vertical Top News 17 videos Storms drop dangerous, flooding rain Dangerous torrential rainfall and flash flooding are underway in the mid-Atlantic and Northeast Thursday with millions at risk along the Interstate 95 corridor, with video already showing cars stranded submerged under water along the Clearview Expressway in Queens. 00:37 - Source: CNN Bombshell admission in helicopter crash investigation NTSB hearings to figure out what caused a deadly mid-air collision on January 29th between an Army helicopter and a commercial flight are underway. CNN's Pete Muntean reports on one of the significant revelations from the hearing. 00:54 - Source: CNN Trump's tariff deadline looms over world economy President Trump's self-imposed midnight deadline is rapidly approaching for countries to strike a trade framework with the United States or face significantly higher tariffs. In a new development today, President Donald Trump announced a 90-day pause on higher tariffs on Mexico. 01:26 - Source: CNN Dozens injured on Delta flight Severe turbulence struck a Delta flight from Salt Lake City to Amsterdam Wednesday, causing service carts and unbelted passengers to hit the ceiling and forcing an emergency landing in Minnesota, where 25 people on board were taken to hospitals. 01:01 - Source: CNN Arrest made in Arkansas hiking murders A man has been arrested in connection with the deaths of a married couple attacked and killed while hiking with their two young daughters at a state park in the Ozark Mountains, according to the Arkansas State Police. 00:45 - Source: CNN US diminished a key weapons stockpile fighting Iran The US used about a quarter of its supply of high-end missile interceptors during the Israel-Iran war, exposing a gap in supplies, and raising concerns about US global security posture. CNN's Tamara Qiblawi reports. 01:35 - Source: CNN Pilot safe after navy fighter jet crash A US Navy F-35 fighter jet crashed in central California, according to the Navy. The pilot ejected safely, and the cause of the crash is under investigation. 00:41 - Source: CNN Carney says Canada will recognize Palestinian state Canadian Prime Minister Mark Carney has joined France and Britain in announcing plans to recognize a Palestinian state in September at the United Nations, as international pressure builds on Israel over the ongoing war and starvation crisis in Gaza. President Donald Trump reacted to the announcement by threatening to derail trade talks with Canada. 00:30 - Source: CNN Jury finds James Craig guilty of first-degree murder A jury has found Colorado dentist James Craig guilty of all charges in the March 2023 death of his wife Angela, including murder in the first degree. 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Authorities continue to monitor conditions and urge returning residents to remain vigilant. This quake is tied for the sixth strongest ever recorded. 00:39 - Source: CNN Tsunami warnings triggered after major earthquake The strongest earthquake on the planet since 2011 has triggered tsunami warnings for parts of Russia, Japan, and Alaska, as well as all of Hawaii. CNN's Will Ripley reports on the 8.8-magnitude quake. 00:41 - Source: CNN Delta announces generative AI ticketing CNN Business editor-at-large Richard Quest breaks down Delta's announcement that the airline will deploy large-scale, advanced artificial intelligence towards ticket pricing — and what that means for the price of your next flight. 01:31 - Source: CNN Therapist treating Epstein victims says Trump's language 'dehumanizes' CNN's John Berman speaks with Randee Kogan, a therapist for victims of Jeffrey Epstein, about President Donald Trump saying Epstein "stole people that worked for me" and possibly pardoning Epstein accomplice Ghislaine Maxwell. 01:12 - Source: CNN Ghislaine Maxwell's attorneys lay out conditions to be met before she gives testimony to Congress Jeffrey Epstein accomplice Ghislaine Maxwell has offered to testify before Congress, but with major conditions, including immunity. 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Yahoo
21 minutes ago
- Yahoo
Trump just revealed his new tariff plan. Here's what you need to know
President Donald Trump just set new tariffs for every country around the world, solidifying his extreme break with America's long-standing trade policy. Tariffs on the vast majority of goods America imports are set to rise – even from the handful of countries that negotiated individual trade deals. The higher tariffs continue Trump's reversal of the decades of globalization that made America's massive services economy the envy of the world – but contributed to its long decline in manufacturing. With just a few hours to go before its self-imposed August 1 trade deadline, the White House provided key details about its new trade policy late Thursday – and, along with it, its new tariff plan. Here's what to know about the latest set of tariffs: What are the new tariffs? The White House announced Thursday that the 'universal' tariff for goods coming into the United States will remain at 10%, the same level that was implemented on April 2. But that 10% rate will apply only to countries with which the US has a trade surplus – countries to which the United States exports more than it imports. That applies to most countries, a senior administration official said. A 15% rate will serve as the new tariff floor for countries with which the United States has a trade deficit. About 40 countries will pay that new 15% tariff. That tariff will be lower for many of those nations than the April 2 'reciprocal' tariffs, but it will be higher for a handful. And more than a dozen countries have tariff rates that are higher than 15%, either because they agreed to a trade framework with the United States or because Trump sent their leaders a letter dictating a higher tariff. The senior administration official said those countries have among the highest trade deficits with the United States. What countries have tariffs higher than 15%? The White House identified 26 countries whose goods will be subjected to US tariffs greater than 15%. A senior administration official claimed these countries have excessive trade deficits with the United States. Algeria: 30% Bangladesh: 20% Bosnia and Herzegovina: 30% Brunei: 25% Cambodia: 19% India: 25% Indonesia: 19% Iraq: 35% Kazakhstan: 25% Laos: 40% Libya: 30% Malaysia: 19% Moldova: 25% Myanmar: 40% Nicaragua: 18% Pakistan: 19% Philippines: 19% Serbia: 35% South Africa: 30% Sri Lanka: 20% Switzerland: 39% Syria: 41% Taiwan: 20% Thailand: 19% Tunisia: 25% Vietnam: 20% In addition, Mexico and Canada will continue to face higher tariffs for goods that are not exempt under the US-Mexico-Canada free-trade agreement. Mexico on Thursday agreed to a 90-day continuation of the current 25% tariff rate the US currently places on those items. Non-exempt Canadian goods imported to the United States will face a 35% as of Friday at 12:01 am ET – up from a 25% tariff previously. When do the tariffs go into effect? The new tariff regime will not go into effect Friday, as had been expected. Instead, the tariffs will be implemented on August 7 to give Customs and Border Protection sufficient time to make the necessary changes to collect the new duties. Canada's tariffs are an exception – those will go into effect Friday. Trade agreements prevented tariffs from going even higher The only major trading partners that didn't see tariff rates change on Friday were the United Kingdom, China and Mexico. Trump signed a trade framework with the UK and China. However, the deal signed with China expires in less than two weeks, which means those tariffs could soon increase. With Mexico, Trump had threatened to raise tariffs to 30% at 12:01 am. But after a conversation with Mexico's president, Claudia Sheinbaum, on Thursday, he extended Mexico's previous tariff rate for another 90 days. Over the past month, Trump announced a handful of other trade agreements. It's unclear whether they'll be finalized, but it appears those countries might have avoided rates above what's in their deals. For instance, goods from the European Union were set to face 30% tariffs. The agreement reached over the weekend, however, calls for 15% tariffs for most goods. That's the same rate goods from South Korea and Japan will be taxed at. That's still higher than the 10% rate goods have been tariffed at since April, though. Are these tariffs even legal? That's a question actively being debated. Trump has cited the International Emergency Economic Powers Act to impose country-specific tariffs. In May, the Court of International Trade found Trump overreached his legal authority doing so. Oral arguments for the administration's appeal kicked off Thursday, and a panel of judges appeared skeptical that Trump had the power to levy tariffs using those emergency powers. Of particular issue was the unprecedented use of the IEEPA to levy tariffs, especially because the law makes no mention of tariffs to begin with. Several judges also questioned Trump's rationale behind declaring an economic emergency. The president has previously stated that US trade deficits with other countries, that is, when the US imports more than it exports, merit a national economic emergency requiring tariffs to correct. Judge Raymond Chen, however, questioned: 'Can the trade deficit be a extraordinary and unusual threat when we had trade deficits for decades?' It may take weeks, or even months, before the appeals court reaches a verdict. After that, it could still be challenged before the Supreme Court. Regardless of the ultimate outcome, Trump has plenty of levers to pull to roll out new tariffs and keep many in place. Will Trump extend his tariff deadline again? Technically, he did. New tariff rates were set to go into effect Friday – and they will now mostly go into effect August 7. The president has given no indication he'll pause these tariffs any further, though. However, he's said that about past tariff deadlines only to extend them later on. In short, everything, including the tariff rates that just went in place, is subject to change at the publishing of a Truth Social post. Haven't we been here before? The tariff changes evoke Trump's 'Liberation Day' in April, when he similarly hiked import taxes across the board. The move threw financial markets into chaos and stoked fears of a global recession. Trump ultimately delayed the 'reciprocal' April tariffs hours after they took effect, later setting August 1 as the new deadline for trade agreements on pain of higher tariff rates. The president told some countries what rates they would face on that day absent new agreements but appeared to leave other nations in the dark. Are tariffs causing inflation? Inflation has stayed relatively tame through Trump's earlier tariff rounds, but that could change as higher rates kick in. Already, companies including Procter and Gamble and Walmart have said tariff-related price increases are underway.
Yahoo
21 minutes ago
- Yahoo
Trump unveils higher tariffs on dozens of countries
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration's self-imposed midnight deadline. The president signed an executive order listing out tariff rates for imports from dozens of countries, including a handful that have cut trade deals with the administration and dozens that haven't reached a deal yet. The duties range as high as 41% for Syria and 40% for Laos and Myanmar, while almost no country's imports will face tariffs below 10%. The new tariffs apply to imports that are "entered for consumption, or withdrawn from warehouse for consumption," in seven days, the order said. Mr. Trump had vowed to impose higher tariffs starting just after midnight on Friday, Aug. 1. A White House official told CBS News the extra seven days were intended to give Customs and Border Protection enough time to implement the new tariff rates. "[F]or most economies and most of our trading partners, the cost of doing trade tomorrow will be higher than it is today," Greg Daco, chief economist at management consulting firm EY-Parthenon, said prior to the release of Thursday's list. Mr. Trump set the latest deadline for trade agreements in April after announcing — and later suspending for 90 days — what he described as "Liberation Day" tariffs on more than 90 countries. A July 9 deadline for deals came and went, with the White House again stalling for time. But Mr. Trump had since vowed not to extend the deadline beyond Aug. 1 for most nations. Almost 70 trading partners are included on Thursday's list, and goods from countries that weren't listed will face 10% tariffs — the same baseline that Mr. Trump imposed in April. For some countries, Thursday's tariff list features lower rates than the ones that were threatened on Liberation Day. But other countries' tariffs were adjusted up slightly. For example, Madagascar was threatened with 47% tariffs in April and just 15% tariffs on Thursday, but Switzerland's rate jumped from 31% to 39%. For the handful of trading partners that have reached agreements with Mr. Trump in recent weeks — including Japan, South Korea and the European Union — the new tariff list reflects the terms of those trade deals. A senior administration official told reporters Thursday new tariff list separates U.S. trading partners into three buckets. If the United States has a trade surplus with a country — meaning the U.S. exports more goods to the country than it imports — that nation's goods will face a 10% tariff rate. If the U.S. has a small trade deficit, imports from that country will generally face 15% tariffs. And countries that the U.S. has larger deficits with face higher tariffs, typically based on either the "Liberation Day" rate, a rate hashed out in a trade deal with the U.S. or a rate floated by Mr. Trump in a letter. Stiff tariffs on Canada Tariffs on the United States' three largest trading partners — Mexico, Canada and China — are treated separately. Duties on Canadian goods will jump from 25% to 35% starting Friday, the White House announced Thursday, following through on a threat from earlier this month. Mr. Trump is also threatening tariff hikes for Mexico and China, but the U.S.' southern neighbor got a 90-day extension on Thursday, and an Aug. 12 deadline to strike a deal with China is expected to be extended for three months, too. Amid concerns that the White House's trade agenda was fueling economic uncertainty for businesses and consumers, Trump administration officials this spring pledged to nail down "90 deals in 90 days." By that measure, his administration has come up far short of its goals. The White House has announced broad bilateral agreements with a handful of nations as well as the 27-member European Union, but those deals have lacked the extensively documented details typical of most trade deals, experts note. "It's important to note that we don't even have any deals as deals are commonly understood, except maybe the U.K. agreement, which is still being discussed," Alex Jacquez, chief of policy and advocacy at Groundwork Collaborative, a left-leaning advocacy group, told CBS MoneyWatch. The countries that have yet to strike deals with the U.S., including major trading partners such as Canada and Mexico, account for 56% of American imports, according to Goldman Sachs. Shortly after the new tariff list was released, Mr. Trump told NBC News in an interview it's "too late" for countries that still haven't struck a trade agreement to avoid the new import duties — but he's still willing to negotiate after the higher tariffs take effect. He said he believes his trade strategy was going "very well, very smooth," pointing to the revenue brought in by tariffs and the fact that inflation has not spiked. "President Trump's trade deals have unlocked unprecedented market access for American exports to economies that in total are worth over $32 trillion with 1.2 billion people," White House spokesperson Kush Desai said in a statement. "As these historic trade deals and the Administration's pro-growth domestic agenda of deregulation and The One Big Beautiful Bill's tax cuts take effect, American businesses and families alike have the certainty that the best is yet to come." Tearing up the rules Mr. Trump re-entered office in January promising to rewrite the rules of international commerce, which he has long maintained disadvantage the U.S. and hurt American workers. In that effort, he has embraced tariffs as a way to reduce trade deficits with other nations, energize domestic manufacturers, generate federal revenue and gain leverage in foreign policy. In practice, the White House has struggled to deliver on that ambitious agenda, Daniel Altman, an economist and founder of investment newsletter High Yield Economics, told CBS MoneyWatch. "There were never enough trade negotiators in all of Washington to conclude all of these details by August 1," he said. "We have some framework agreements that have made the headlines, but as we're finding out a lot of those deals include tariff rates that are pretty much the same as the base rate of 15% that the White House has mooted for the rest of the world." Yet despite the appearance of chaos that has attended some of the rollout of his new tariff regime, Mr. Trump has clearly succeeded in changing the terms of trade with several key economic partners in ways that could favor the U.S. In some cases, that includes winning the elimination or significant reductions in tariffs on American exports going the other way. Under its deal with the EU, for instance, the U.S. will impose a 15% tax on most of the trading bloc's imports, but the EU has agreed not to charge any levy on imports from the U.S. Deals with Japan and South Korea impose the same tariff rate on those countries' exports to the U.S. Other countries that struck trade deals with the U.S. have acceded to higher tariffs in hopes of ensuring good relations with Mr. Trump and avoiding even higher levies. Those include Indonesia and the Philippines, which will each face a 19% tariff on their exports. The U.S. will subject imports from Vietnam to a 20% duty, plus a 40% tariff on goods that are transshipped via other countries. "In any other time frame, one would have said that having the EU, Korea, Japan, Philippines, Indonesia and the United Kingdom covers an awful lot of world trade and U.S. trade," Alan Wolff, senior fellow at the nonpartisan Peterson Institute for International Economics and former deputy director-general of the World Trade Organization, told CBS MoneyWatch. President Trump's tariff agenda is also generating significant revenue. According to the U.S. Treasury, the U.S. in June brought in $27 billion in tariff revenue — more than three times what it collected in the same period a year ago. The White House has repeatedly insisted that tariff costs will be borne by foreign countries and that the levies will help spur investment in U.S. manufacturing. Trade experts note that tariffs are typically paid by importers, which often pass on those costs to consumers in the form of higher prices. Tennessee manhunt underway for suspect in killings of abandoned baby's relatives Arkansas officials reveal new details about Devil's Den murders of husband and wife Reporter's Notebook: Trump's White House ballroom and Martin Van Buren Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
