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cover of episode CBS Evening News, 03/03/25

CBS Evening News, 03/03/25

2025/3/4
logo of podcast CBS Evening News with Norah O'Donnell

CBS Evening News with Norah O'Donnell

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A
Anna Koren
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Caitlin Huey Burns
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John Dickerson
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Josh Lipsky
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Weijia Zhang
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@John Dickerson : 我是约翰·迪克森,报道称特朗普总统对来自墨西哥和加拿大的商品征收25%的关税,这将导致商品价格上涨,尤其是在通货膨胀已经影响到大多数美国人的情况下。这一举动引发了股市大幅下跌,道琼斯指数下跌近1.5%,纳斯达克指数下跌超过2.5%,标普500指数下跌1.75%。 我们采访了白宫记者魏佳,她解释说特朗普总统认为加拿大和墨西哥未能阻止芬太尼流入美国,因此必须面对关税。他还提高了对中国进口商品的关税。经济学家警告说,这可能引发贸易战,损害消费者利益。特朗普总统声称,避免关税的简单方法是将工厂迁至美国。他以此为例,邀请了一位台湾半导体公司首席执行官,承诺在美国投资1000亿美元建设新工厂,并指出本田已放弃在墨西哥建厂的计划,转而选择在印第安纳州建厂。然而,汽车价格仍可能上涨,一项研究发现,一辆大型SUV的价格可能上涨9000美元。 我们还采访了前国务院官员乔什·利普斯基,他指出贸易战代价高昂,没有人会从中获益。他认为,虽然特朗普总统认为增加关税会促使人们购买美国产品,从而有利于美国制造业和企业,但这需要时间,并且在此期间会产生巨大的转型成本。另一项研究估计,新的关税每年可能使美国家庭额外支出超过1200美元。 最后,我们讨论了消费者将如何应对这些更高的价格。虽然公司可能会吸收一部分成本,但消费者最终很可能会为受关税影响的产品支付更高的价格。如果爆发贸易战,情况可能会变得更糟。 @Weijia Zhang : 我是魏佳,报道称特朗普总统对来自墨西哥和加拿大的商品征收25%的关税,因为他认为这两个国家未能阻止芬太尼流入美国。他还提高了对中国进口商品的关税。白宫表示,这些关税是必要的,因为墨西哥和加拿大没有采取足够的措施来解决芬太尼问题。他们还声称,这些关税将鼓励公司在美国建厂,从而创造就业机会并促进经济增长。然而,经济学家警告说,这些关税可能引发贸易战,导致消费者价格上涨。 此外,我注意到特朗普总统并没有过多谈论降低物价的问题,也没有谈到他将采取哪些具体措施来立即降低物价。他的经济团队表示,他上任才六周,需要时间让政策生效。白宫表示,他将在明天晚上的国会联席会议上讨论所有这些问题。他还宣布,下个月美国将对任何对美国出口征收费用的国家实施对等关税。密歇根大学的一项新研究显示,所有这些关税已经对消费者信心产生了影响,自1月份以来消费者信心下降了10%,这可能会影响消费者支出。 白宫回应称,他们正在尽一切努力应对价格上涨,例如,在鸡蛋价格方面,他们表示农业部有计划应对禽流感并处理成本问题。他们声称,由于特朗普总统采取的这些重大行动,无论是与狗狗币相关的行动还是关税政策,都将对整体经济产生积极影响,并提振消费者信心。 @Josh Lipsky : 我是乔什·利普斯基,我分析了特朗普政府新关税政策的潜在影响。我认为,贸易战代价高昂,没有人会从中获益。特朗普总统认为,增加关税会促使人们购买美国产品,从而有利于美国制造业和企业。然而,这种转变需要时间,可能需要数年时间才能实现。在此期间,转型成本巨大,消费者将面临更高的价格。最近的一项研究估计,新的关税每年可能使美国家庭额外支出超过1200美元。 @Anna Koren : 我是安娜·科伦,报道称中国制造商正在通过将工厂转移到柬埔寨等国家来规避美国关税。这导致柬埔寨对美国的出口大幅增加,主要来自中国工厂。中国制造商将尝试吸收关税,但部分成本将转嫁给美国消费者。中国经济目前面临房地产危机和高青年失业率,但政府仍对达成贸易协议并避免全面贸易战持乐观态度。

Deep Dive

Chapters
President Trump's announcement of 25% tariffs on imports from Mexico and Canada sent shockwaves through the economy, affecting stock markets and raising concerns about a trade war.
  • Tariffs could increase costs for American consumers, with potential price hikes on goods.
  • Economists warn of a possible trade war that could further strain the economy.
  • Consumer confidence has decreased significantly since the tariffs were announced.

Shownotes Transcript

Translations:
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From CBS News headquarters in New York, this is the CBS Evening News. Here come the tariffs. Good evening, I'm John Dickerson. I'm Maurice Dubois. President Trump is making it more expensive for Mexico and Canada to get their products through America's front door, and that could increase the cost of the packages left on your front porch. At a time when three out of four Americans are telling CBS News their incomes are not keeping up with inflation.

At a minute past midnight, a 25% tax takes effect on imports from America's closest and biggest trading partners. The announcement had investors running for the exits. Nvidia, GM and Amazon led a sell-off that saw the Dow plunge nearly 1.5%, the Nasdaq more than 2.5% and the S&P 1.75%. Weijia Zhang is at the White House. Weijia?

Well, President Trump says Canada and Mexico must face those tariffs because they have failed to stop the flow of fentanyl into the U.S. And for the same reason, he's bumping up the fee on Chinese imports. Tonight, economists warn this could spark a trade war that will cost consumers. After following through on his threat...

The tariffs, you know, they're all set. They go into effect tomorrow. President Trump says there's a simple solution for countries that want to avoid tariffs. What they have to do is build their car plants, frankly, and other things in the United States, in which case they have no tariffs.

To make his point today, Trump hosted the CEO of a Taiwanese semiconductor chip manufacturing company who pledged to invest $100 billion in new manufacturing plants in the U.S. And the president said Japanese automaker Honda has ditched its plan to open a new plant in Mexico, opting instead for Indiana to avoid tariffs.

But auto prices are still likely to increase. One study found a large SUV with parts from Mexico could jump $9,000. Trade wars are costly and nobody wins. Josh Lipsky is a former State Department official. Trump argues that we're going to slap all these extra fees on imports. So then everyone's just going to buy America and that'll be great for American manufacturing, American companies. But doesn't that take time?

That doesn't happen overnight. That could take years. And in the meantime, there's huge cost of transition. Another recent study estimates the new tariffs could cost the average U.S. family more than $1,200 a year. I think people at home really just want to know

What does this mean for me? Do companies absorb the cost or am I going to have to pay more? You're going to have to pay more. It doesn't mean you're going to have to pay exactly what the tariff is because there are all kinds of ways which some of this gets absorbed by companies and otherwise. But you as a consumer will very likely pay more for the products that are tariffed. And it could get worse if a trade war erupts.

And Weijia, we remember candidate Trump promising to lower prices on day one. What has he been saying about the overall economy?

Well, he hasn't been talking much about those prices and in fact has not talked about the overall economy in terms of specific actions he is taking to immediately lower the prices. Now his economic team says, look, it's only been six weeks since he took office, so you have to give us some time for the policies to take effect. And the White House says he'll talk about all of this when he addresses a joint session of Congress tomorrow night. And we should, there are even more tariffs coming, yes?

Yeah, the president announced that next month the U.S. will impose reciprocal tariffs on any country that has a fee on American exports. And a new study from the University of Michigan shows that all these tariffs are already having an impact. It showed that consumer confidence decreased by 10 percent since January, and it will likely impact consumer spending.

And we just has that consumer spending received any kind of pushback from the from the White House. What's their explanation for that?

Well, they say that they are doing everything that they can. For example, when it comes to the price of eggs, they say that the Department of Agriculture has a plan to deal with the bird flu and then deal with the costs. And so far, they claim that, you know, the economy is doing great. And because of all these bigger actions that Trump is taking, whether it's with Doge or whether it's with tariffs, they say it will have an impact and boost that confidence overall.

Just gotta wait. Weijia Jiang at the White House. Thank you, Weijia. Well, China has already found a way around U.S. tariffs on imports. Anna Koren reports China is exporting its factories.

A two-hour drive outside the Cambodian capital Phnom Penh, a convoy of semi-trailers passed by. Let's drive straight through. Moments later, an enormous arch greeted us with signage in two languages, the local language Khmer and beneath Chinese. But it's very clear who is in charge of this special economic zone rising from the dirt.

The manager of this furniture factory invited us in. They moved here from China a month ago to produce ottomans to export to the United States. Most of the companies coming here are Chinese. And they're driving incentive to avoid US tariffs. The US-China trade war is the main reason for this explosion of Chinese investment in Cambodia.

In 2016, before President Trump took office, Cambodian exports to the US were roughly $3 billion. Last year, they topped $12 billion, representing nearly 30% of the country's GDP.

The Cambodian government says more than half of the factories in Cambodia are Chinese owned. To America? Yeah. While Chinese companies are skirting US tariffs, economists we spoke to say they are playing by the rules. But there are fears Cambodia's economy could become collateral damage. Are you concerned that President Trump...

might put tariffs on Cambodia considering the Chinese investments? I guess because... Chinese garment factory owner Mr Huang moved to Cambodia 20 years ago, capitalising on tax breaks and lower wages while still running factories in China. But when the trade war began in 2018, he moved all operations to Cambodia and now exports 60% of his garments to the US. And who are your customers? It's Walmart, Costco...

And he said those orders have only multiplied since President Trump announced new tariffs. And Anna Koren joins us now from Beijing. Anna, as you mentioned, there are already tariffs on China. President Trump says he's going to add more tariffs. What's that going to do to China?

Well, John, Chinese manufacturers certainly are going to feel some pain. We spoke to one who said she'll try to absorb the tariffs. Others won't be in a position to do so. That's when you'll see those higher costs passed on to American customers. But those retaliatory tariffs we saw from China were mainly symbolic last month. Now they're going to target U.S. agriculture, and that's U.S. farmers. And, Anna, China's National People's Congress starts on Wednesday. That, of course, is their big government meeting. Their economy is not exactly in great shape. So what are they expected to do now?

That's right, Maurice. It's been hurting from the property crisis and high youth unemployment. So this National People's Congress is about laying out the roadmap to strengthen the economy. I spoke to an advisor to the Chinese government last night, and he said that despite all this noise about a trade war, he still is confident a deal will be done and that President Trump will visit China later this year. Anna Corian reporting from Beijing. Thank you, Anna.

We expect the president to have much more to say about tariffs and other issues when he addresses a joint session of the House and Senate and the American people tomorrow evening. Marisa and I will bring you live coverage beginning at 9 o'clock Eastern Time. Now, more top stories from around the world in tonight's evening news roundup, beginning with a new setback for Pope Francis.

as he battles double pneumonia in a Rome hospital. He had more breathing problems today. Doctors twice had to clear his lungs. Francis is 88. His prognosis remains guarded. - In Mannheim, Germany, a man drove a car into a crowd, killing two people, injuring at least 10. The police say the man, who was 40, shot himself as he was being arrested and is listed in stable condition tonight. They say the motive was not political and he may have mental health issues.

- And CBS News has learned a number of passenger planes on final approach to Reagan National Airport this weekend received apparent false alarms from their collision avoidance systems. Senior transportation correspondent, Chris Van Cleave joins us. Chris, we've had enough with regular alarms. Now these are false alarms?

Yeah, John, we poured through hours of air traffic control audio from Saturday at Washington Reagan Airport and identified at least 12 flights that received these false alarms from their onboard collision avoidance systems. Six of them, in fact, encouraged the plane to take evasive maneuvers, at least three

did go around before safely landing now this is the same airport where that deadly mid-air collision occurred in january flyers are already on edge now the f_a_a_ is investigating and looking into the possibility that some kind of external interference may have triggered these alarms we do know that all twelve of these planes we identified were regional jets uh... two different makes of regional jets other airplanes did not

receive these alerts. So it is a mystery at this point, no evidence of nefarious activity, but this many false alarms is highly unusual. And raises a lot of questions. Chris Van Cleave tonight in Phoenix. Thank you. Still ahead on the CBS Evening News, Lonnie Quinn on wildfires in the Carolinas and a winter storm that could produce a blizzard. And we'll have these stories.

Thousands of USAID employees fired by the Trump administration this week were given just 15 minutes to clear out their desks. I'm Caitlin Huey Burns outside of the agency's headquarters with one federal aid worker's emotional goodbye.

I'm Imtiaz Tayeb in Kyiv. We'll take you inside a military trauma hospital where injured soldiers told us they have no choice but to keep fighting against Russia as U.S.-Ukrainian ties unravel. That's next on the CBS Evening News.

It did not end Friday. President Trump attacked Ukrainian President Zelensky again today, this time for saying an end to the war with Russia is still, quote, very far away. Mr. Trump, in a post on social media, called it the worst statement Zelensky could have made and said the U.S. will not put up with it for much longer.

The war, now more than three years old, has left three quarters of a million people dead or wounded. That includes civilians and military. MTS Tyab is in keep tonight.

At just 26 years old, Dr. Ihor Principol is one of Ukraine's youngest orthopedic trauma specialists. He took us to an operating room where a Ukrainian soldier was having reconstructive surgery. This group of surgeons meticulously removed skin and other tissue from the soldier's back to rebuild part of his arm that was nearly severed while he fought against Russian forces on the battlefield. This is the highest level of reconstruction. Yep.

And this is the best soldiers in this operation in Ukraine. It's real. What we're seeing is one of the most complex reconstructive surgeries that these surgeons here perform. And it really is a race against time to help soldiers like this who have suffered life-changing injuries. Are you afraid Ukraine may lose America's support? If we have it, we will be more strong.

But today soldiers said that we know that we must save us. Dr. Principale is also closely involved in the physical rehabilitation of wounded soldiers. Many of them told us they felt a deep sense of uncertainty as U.S.-Ukrainian ties continued to unravel.

Alexei, a grandfather and volunteer soldier in his 50s. He was being treated for shrapnel wounds to his legs and hips from a Russian shelling. Alexei also suffered a battlefield injury to his arm a year ago and still went back to fight. So you're going to keep fighting no matter what?

Of course, for the sake of my granddaughter, he said, we must protect ourselves to prove that Ukraine exists. A fight for Ukraine everyone we met here believes in. What keeps you hopeful? We understand that if we are together, we can fight with everything. And when our friends help us, we are better.

And MTS Tyab joins us now from Kyiv. You have really extraordinary access there, MTS. So what's the mood of the people there in Ukraine? Who are they counting as their friends nowadays?

yeah well of the many ukrainians we've been speaking to from injured soldiers to politicians they tell us they believe the u.s and ukraine are still friends and that the connection between these two nations runs far deeper than any disagreement between two presidents and of course following president zelensky's visit to london this weekend the quite literal warm embrace he received from european leaders as well as promises of aid and security guarantees

Well, that had many here feeling that Ukraine is not alone. Okay, thanks so much. MTS Taieb in Kyiv tonight. Hundreds of wildfires are burning in North and South Carolina, but firefighters battling them got a break from the weather today. The wind that was helping spread the flames, all that's all died down. Lonnie Quinn has the latest now on that. Lonnie.

Gentlemen, you're right. The winds in the Carolinas have sort of relaxed, but not the case off to the west. Every color depicted here shows you some kind of a wind warning. Pay close attention to the bright red in Texas and New Mexico. Red flag warnings stay in effect until tomorrow afternoon. We could use some rain, and there is some rain on the way. The problem is...

It could possibly come in the form of severe weather overnight tonight, starting at about 4 a.m. for Dallas until about 7 a.m. The threat is there for severe thunderstorms, possibly even tornadoes. It moves into places like Shreveport, Louisiana, later in the morning, Jackson, Mississippi, Mobile. And then by the time you get to Wednesday, that line has made its way to the East Coast.

And when you look at the radar signature, it'll tell you a lot. When you watch a line form that is vertically stacked, so a straight line, straight up and down, see what it's developing right here? This is a strong line of storms as it makes its trek through the midsection of the country. It's going to finish and exit the East Coast on Wednesday. And Wednesday we watch anywhere from, say, Washington, D.C., all the way down to Savannah, Georgia. As for the Carolinas, which is what we started talking about, the winds come back to play on Wednesday, but it comes also with a lot of rain, which is a good thing. Gentlemen?

All right, Lonnie Quinn, thank you. Federal workers targeted in the mass firings are losing more than a job. I in America is next. Big Time Rush, performing live in concert, playing every song from every episode and more. Big Time Rush with special guests Caitlin Tarver and Stephen Kramer Glickman. Get tickets now at LiveNation.com.

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President Trump is giving the heads of federal agencies until next week to submit plans for eliminating more government jobs. The thousands being cut in the mass firings are much more than numbers on a payroll list, and every one of them has a story. Caitlin Huey Burns has tonight's Eye on America.

What do you want for lunch today? We joined Kate Scaife Friday morning as she made her kids lunch, dropped them off at the bus stop, and headed to her office at USAID where she was a program analyst.

Scaife was one of thousands of federal employees who received an email saying they're being affected by a reduction in force, government speak, for you're fired. It has been one of the hardest months of my life to feel that I did something wrong when

All we were ever trying to do was the right thing. They are increasingly viewed as the villains. That's top Trump official Russell Vogt talking to his right-wing think tank in 2023. Vogt has helped billionaire Elon Musk carry out the mass firings across the federal government.

Last week, Vote sent this memo directing agencies to plan for a significant reduction in the number of full-time workers, an effort to shrink the government that could ultimately leave 700,000

thousand federal employees across the country out of a job. We want to put them in trauma. That trauma was on display Friday as USAID workers left the building for the last time. USAID saves lives. That's how you would have described your work? That's right. We make America safer. For the last two years, Kate Scaife's job was to make thousands of humanitarian programs around the world run on

efficiently, a role she optimistically believed would match the priorities of the new administration. One of our senior leaders came up to me at one point, passed me in the hall and said, "Be prepared to be the most popular girl in the room in a couple weeks." Her illusions faded last month when Musk tweeted about feeding USAID into the woodchipper. The next day, Scaife couldn't log on to her work devices.

I felt disappeared, right? All of our work was made invisible too. We rode with Scaife as she drove to the office. I've got my kids' pictures. You leave it there thinking you'll get it back. It'll be there on Monday. She was allowed 15 minutes to clean out her desk. It just felt really demeaning to be treated like that. Scaife had been the

Fred Winner and her family. How do you talk to your kids about this? It was so hard to tell them things like, you know, we've made summer plans for these camps and, you know, I can't afford that. It feels like work was a big part of your identity. I feel like I am my best mom when I have this other part of me.

that helps me to feel engaged with the world. I don't know how I'll find something new that gives me that same joy. A feeling now looming for hundreds of thousands of federal workers. For Eye on America, I'm Caitlin Huey Burns in Silver Spring, Maryland.

In tomorrow's Eye on America, the impact of the Southern California wildfires goes beyond the land. We'll take a look at the long-term effects of the toxic ash on the ocean. And John and I will be right back.

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Finally tonight, lest we forget...

These are the seven people shot to death at a 4th of July parade in Highland Park, Illinois, in 2022. Today, moments before the gunman was to stand trial, he pleaded guilty. He's 24. He's expected to spend the rest of his life in prison. And lest we forget...

These are the 14 people killed by a truck-driving terrorist in New Orleans this past New Year's Day before he was shot dead by the police. Among the victims, Tiger Besch, a 27-year-old former football star at Princeton. And this is his little brother, Jack.

a TCU wide receiver, showing the NFL what he's got at the weekend combine in Indianapolis. Jack wore Princeton shoes in honor of the brother he looked up to and who he believes now watches over him. Said Jack Besh, I know his wings are going to be on me from now until the end of time. And that is the CBS Evening News. I'm Maurice Dubois. I'm John Dickerson. See you on Evening News Plus. Have a good night. We'll see you tomorrow.

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We're sunsetting PodQuest on 2025-07-28. Thank you for your support!

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