Retailers tell consumers that Trump tariffs are a reason to shop now
CBSN
Some retailers are using President-elect Donald Trump's proposed tariffs to urge consumers to shop now, suggesting if the import duties go into effect next year, a range of goods could cost Americans a lot more money.
It's yet another sales tactic some companies are implementing, in addition to the traditional Black Friday discounts, to get consumers to spend as much as possible ahead of the holidays.
On Monday, Trump pledged to add a 25% tariff on all products from Mexico and Canada, along with a 10% levy on Chinese goods, in an effort to crack down on illegal immigration and illicit drugs flowing into the U.S. The proposed taxes are in addition to earlier campaign promises to impose a baseline 10% tariff on all U.S. imports and a 60% tariff on goods shipped from China, once he takes office.
A lawsuit accusing former WWE CEO Linda McMahon, President-elect Trump's pick for secretary of education, of turning a blind eye to child sexual abuse by a former ringside announcer at the wrestling company has been paused, according to court documents filed this week in the U.S. District Court in Maryland.
President-elect Donald Trump is off on his first international trip since he was re-elected to the White House. He will join world leaders and dignitaries in Paris to celebrate the renovation and reopening of Notre Dame Cathedral five years after a devastating fire destroyed the landmark.
Nearly two decades after a pair of ruby slippers that were worn by Judy Garland in "The Wizard of Oz" were stolen from a Minnesota museum, the iconic shoes are set to be auctioned off to the highest bidder Saturday.
President-elect Donald Trump has said halting fentanyl trafficking across the southern border is a top priority for his administration, vowing to impose 25% tariffs on all imports from Mexico until the flow of "drugs, particularly fentanyl, and illegal immigrants" into the United States is stopped to his liking.
Elon Musk spent more than a quarter of a billion dollars to back President-elect Donald Trump and other Republican candidates, campaign finance records filed Thursday show.
The House-passed Social Security Fairness Act enjoys rare bipartisan support on Capitol Hill, yet the odds of it getting enacted are growing smaller with each passing day.
Investigators believe that a person of interest in connection with the deadly shooting Wednesday of the CEO of UnitedHealthcare is no longer in New York City, a person familiar with the matter told CBS News Friday.
In the wake of UnitedHealthcare CEO Brian Thompson's killing in New York City Wednesday morning, some companies are taking additional precautionary measures to protect their executives while corporate security firms are reporting an uptick in interest in their services.
An alternative healer who advocated "slapping therapy" to treat a range of maladies was sentenced Friday to 10 years in prison for the death of a 71-year-old diabetic woman who stopped taking insulin during one of his workshops.
Washington — Rep. Alexandria Ocasio-Cortez of New York launched her bid Friday to be the top Democrat on the House Oversight Committee as the party looks to replace its veteran leaders on several key panels.
Pete Hegseth, President-elect Donald Trump's pick to be defense secretary, on Friday morning received a vote of confidence from Trump, who said he's winning more support than media reports indicate.