Panama has officially informed Beijing of its decision to withdraw from China’s massive infrastructure and investment project, the Belt and Road Initiative, the country’s leader announced on Thursday. Panamanian President José Raúl Mulino said he had instructed diplomats at the Central American country’s embassy in Beijing to submit the required 90-day notice of withdrawal from…
Washington — A federal judge on Thursday temporarily blocked the Office of Personnel Management’s deadline for federal employees to accept the Trump administration’s “deferred resignation” offer. U.S. District George O’Toole prevented the agency from implementing the program’s deadline during a brief hearing held hours before federal workers were required to notify OPM of whether they…
USAID worker says “everyone is really scared” at agency after being locked out – CBS News Watch CBS News USAID personnel have been locked out of their offices and email since Monday, leaving many confused as to whether they’ll have healthcare or paychecks coming. One staffer spoke anonymously to Margaret Brennan, calling the shakeup by…
The quick-fire volley of tariffs between the U.S. and China in recent days has heightened global fears of a new trade war between the world’s two largest economies. Yet while experts think the battle is likely to escalate, they also say the early skirmishes offer hope for an agreement on trade and other key issues…
PAUSED FOR 30 DAYS. IF MORE TARIFFS GO INTO EFFECT, SOME FARMERS HERE IN IOWA COULD FEEL THE IMPACT. AND MANY SAY THEY’RE CONCERNED ABOUT HAVING AN OVERABUNDANCE OF PRODUCTS OR BEING FORCED TO CUT BACK TO SAVE MONEY. THEY SAY THE TARIFFS COULD RAISE THE PRICE OF FERTILIZER AND OTHER THINGS THAT THEY NEED,…
Washington — All overseas missions for the U.S. Agency for International Development, or USAID, have been ordered to shut down and all staff will be recalled by Friday, multiple sources confirmed to CBS News. The newly appointed deputy administrator for the agency, Pete Marocco, met with State Department leadership on Tuesday and instructed them to…
Significant changes to the impending tariffs announced by President Donald Trump occurred Monday as both Canada and Mexico were granted a pause. However, tariffs on China were slated to begin early Tuesday. Just hours before a trade war was set to begin, Mexico and Canada received a 30-day break from tariffs, which didn’t just affect…
The Palisades and Eaton Fires that destroyed thousands of homes are now fully contained, but as residents look to rebuild, they may face a problem — President Trump’s immigration crackdown could create a shortage of construction workers. “People like to work. They want to work. They want better lives as well,” said Bernardo Osario, a crew…
President Trump is considering executive action that would dismantle the U.S. Department of Education, ending some programs and shifting some to other parts of government, according to multiple sources familiar with the plans. The sources said such a move was not imminent. Slashing the department is in line with Mr. Trump and DOGE chief Elon…
Washington — President Trump and billionaire Elon Musk have set their sights on the U.S. Agency for International Development, or USAID, overseeing a disruption of the more than 60-year-old organization that provides humanitarian aid to more than 100 countries. The Trump administration’s targeting of USAID comes as the president has vowed to cut the size…