3.8 • 620 Ratings
🗓️ 23 April 2025
⏱️ 23 minutes
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0:27.6 | From CBS News headquarters in New York, this is the CBS Evening News. Good evening. I'm Maurice Dubois. John Dickerson is on his way to Rome for the Pope's funeral. |
0:44.8 | President Trump's trade war has stocks and tariffs yo-yoing in opposite directions. The tariffs go up, |
0:51.1 | stocks go down, and vice versa. This was a vice versa day after the president |
0:56.0 | signaled yesterday that tariffs on China might be lowered. Stock prices surged at the open today. |
1:02.2 | The Dow was up nearly 3% before falling back and closing with a gain of about 1%. Nancy Cordes |
1:08.9 | at the White House tells us a warning about the impact of high tariffs |
1:11.7 | on the economy and American consumers may have led the president to soften his position. |
1:17.0 | Nancy? |
1:18.0 | Maurice, the president just told me he is hoping to cut the tariffs on Chinese goods |
1:23.5 | sometime in the next few weeks, whether he gets a deal with China or not. |
1:28.3 | It's a big switch for a leader who insisted just a few weeks ago that his tariff policies will never change. |
1:35.3 | With some small businesses already cutting jobs, President Trump now says the unprecedented tariffs on Chinese goods will soon come down. |
1:47.2 | How soon do you want to bring the tariffs on Chinese goods down? |
1:52.0 | That will happen, I'd say, over the next couple of weeks, wouldn't you say? |
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