Deep Dive
Shownotes Transcript
Overturning the Roe v. Wade decision and wiping out the Constitutional Council. You've heard the headlines. Now it's time to take action. Nearly 80% of Americans agree that we should have the power to make our own decisions about our bodies and futures, not lawmakers.
Planned Parenthood is here to ensure that everyone has access to essential, high-quality health care. And they are here for the long haul. Patients count on Planned Parenthood. Planned Parenthood counts on you. Donate at plannedparenthood.org slash defend. She's made up her mind, pretty smart. Learned to budget responsibly right from the start. She spends a little less...
Boring money moves make kind of lame songs, but they sound pretty sweet to your wallet. BNC Bank, brilliantly boring since 1865. From CBS News headquarters in New York, this is the CBS Evening News. Good evening, I'm John Dickerson. I'm Maurice Dubois.
They spent the weekend in a secluded Swiss villa and voila, a truce in the trade war. - The United States and China announced today that negotiators have worked out a rollback of the triple digit tariffs each country imposed on the other. - The US will cut the 145% tariff on Chinese imports to 30%.
and China will slash the tariff on U.S. goods from 125% to 10%. - The truce will last 90 days. That'll give negotiators time to work on a longer-term deal. It is temporary, but still welcome news for consumers facing rising prices and for businesses trying to stay in business amid the tariff uncertainty.
Wall Street is relieved. The Dow gained 2.8% today and is back above 42,000 for the first time since the trade war intensified in early April. Kelly O'Grady is looking at the impact of the truce here in the U.S., but we begin with Anna Corrin in Hong Kong. Anna.
Well, for the past six weeks, President Trump's trade war has caused havoc to markets and seriously disrupted global supply chains. Well, that turmoil has ended for now. But what's most surprising is that China made very few concessions in this truce, where the U.S. has dropped its tariffs by more than 100 percent.
Switzerland's neutrality proved the ideal setting to de-escalate the US-China trade war. Treasury Secretary Scott Besant made this announcement. We want more balanced trade, and I think that both sides are committed to achieving that. Beijing has also agreed to remove some US companies from its blacklist. But it's refused to lift its ban of rare earths to the United States.
There is a great sense of relief in China that exports can resume to the US.
Since the trade war began, we've been meeting with business owners inside China. Last month, the Canton Fair, the largest import-export trade fair in the country, I met Richard Chu, who has been selling fabric gift bags to the US for 20 years. His American buyers had told him to halt production and stop shipments, which left him feeling a deep sense of betrayal. I think this is not fair. So just make me feel sick, sick by the USA now.
China's economy has been vulnerable to President Trump's trade war.
Youth unemployment, lack of domestic consumption and the fallout from the property crisis have exacerbated the pain at home. China, first row. Economists I've spoken to say considering this was President Trump's trade war, he has caved to Beijing. Trade conflict becomes very painful. While world-renowned China expert Michael Pettis told me that neither side has the stomach for the economic pain of a worsening confrontation, which is why both sides have agreed to back off for now.
I'm Kelli O'Grady. We first met Kenneth Hartman Jr. in February. He's a fifth-generation corn and soybean farmer from Waterloo, Illinois, and China is a key market for those products. Are you concerned what tariffs might do to your bottom line? I'm very concerned about tariffs. I'm concerned with the future of rural America because we've been through some economic problems. With the retaliatory tariffs the first time around, has some of that business been permanently lost?
Yes. Despite a reduction in tariffs on Chinese goods over the next 90 days, a 30% import tax will remain in effect. Some business leaders are cautiously optimistic, but warn consumers could still see higher prices. Shipping activity has already slowed as businesses have canceled orders from China. They've dropped 27% year over year in the last week of April. China's not ordering as much from the U.S. either.
Kenneth Hartman Jr. worries the U.S. is running the risk of competitors taking big bites out of U.S. business with China, including his. We have our folks from South America, Brazil and Argentina that can still expand their land. So this gives them an opportunity to expand. And then some of the markets that they expand to, sometimes we never get them back.
And Kelly O'Grady joins us now. So, Kelly, if prices might still go up and there's uncertainty, it sounds like we're not out of the woods yet. Not yet. There's a lot of optimism. Don't get me wrong. But 30 percent tariff, that is not nothing. And that's on top of existing tariffs in targeted areas from the previous administrations. By the way, three months for a deal this complicated. That's a short time. If you're a business, you're a business owner. What are you supposed to do in terms of making plans for the future?
I had that same thought, okay? This broke. I immediately grabbed my phone. I said, "Well, what happened under the first Trump administration?"
Seven years ago, almost to the day, May 9th, US and China, they came to a pause. And then a couple of weeks later, they were back to retaliating. So for a business, this is really hard to plan because it's only a pause. And history teaches us this roller coaster can start up again. Kelly O'Grady, thank you. Well, in the Middle East today, Hamas released the last living American among the hostages it took when it invaded Israel on October 7th, 2023.
21-year-old Eden Alexander, who is also an Israeli citizen. Hamas said the release is meant as a goodwill gesture towards the United States to try to get peace talks going again. Tom Hanson now on Alexander's first day of freedom in more than a year and a half. It says that he has had his first conversation with his mother. Thank you.
Seeing was believing in Idan Alexander's hometown in New Jersey. Let's go! Hundreds of people watched Israeli TV as Hamas handed him over to the Red Cross, ending 584 days in captivity. In Israel, this was the scene when Alexander's family witnessed the same moment. When you saw that image on the screen, what went through your mind? It's just happiness. Like, it's, I mean, it's not over, but it feels like we've,
It feels like we've gotten past the biggest hump.
Hours later, mother and son were reunited. Ben Esser and Michael Leshner went to Tenafly High School with Alexander. Is this the Idan that you guys know and have known for so many years? Did he look the same? It's honestly just incredible that he is alive. He's truly a fighter and he's an incredible person. But looking at him, you know, he definitely looks, you know, much thinner. He looks a lot more pale than when, you know, he left for sure.
Alexander, who holds American and Israeli citizenship, moved to Israel to serve in the Israel Defense Forces. He was stationed near the border with Gaza when Hamas attacked and was taken hostage. What is the first thing that you're going to do or say when Idan gets back here? Welcome home and give him the biggest hug that he's ever received in his life. Squeeze him so hard and tell him that we love him.
The Alexander family is still figuring out when they will return to the United States. Currently, Adan is undergoing medical treatment at a hospital in Tel Aviv. There are believed to be 58 hostages still in Gaza, nearly two dozen of them still believed to be alive. Tom Anson, thank you.
Now more of the top stories from around the world in our evening news roundup. Pope Leo greeted reporters at the Vatican today. He said free speech is a precious gift and called for the release of jailed journalists. Bidding ended today for dinner with the president and a private tour of the White House.
for the top 25 buyers of the Trump family crypto coin. The top purchaser with nearly one and a half million dollars in holdings is believed to be Chinese billionaire Justin Sun. - And CBS News has confirmed the Trump administration has spent at least $21 million transporting migrants who are in the country illegally to Guantanamo Bay, Cuba. The facility now holds just 69 migrants.
Our Nicole Scanga visited a new migrant facility in New Jersey and found it is mostly empty. - This is Delaney Hall, a privately operated prison less than 10 miles outside New York City. It opened less than two weeks ago. We came here today because it's the first ICE detention facility to open under the Trump administration. And it's the largest center of its kind with 1,000 beds. But one thing struck us, where are the detainees?
ICE acting director Todd Lyons says there are 152. That's just 15% capacity. Director, ICE is over capacity, but I'm looking at a number of empty beds right now. Correct. Why is that? The teams out here in New York and New Jersey are focused on the worst of the worst and getting those individuals off the street that have been let go by a lot of these sanctuary jurisdictions out.
I think as you see more cooperation with ICE, when we do arrest more criminal aliens in the street, you'll see the population here rise. The cost of the facility, $1 billion over the next 15 years. Since President Trump took office, federal agents have arrested nearly 2,000 illegal migrants in the Newark area, six times the number picked up during the same period in President Biden's first year.
The Trump administration is calling the influx of migrants an invasion and says that could be grounds for suspending habeas corpus.
the bedrock American legal right that allows a person to challenge their detention in court. Migrants here, do they deserve due process? Do they deserve habeas corpus? Illegal aliens that come into Delaney Hall, they do get due process. I am proud of the work that's done here because they are being treated in a safe and humane fashion. Would you be concerned if that due process was taken away?
Before we could get an answer to that question, his team ended our interview.
First, ICE officials told us our time with the director was simply up. Later, they cited security reasons. As for when the facility will reach capacity, Maurice and John Lyons says that depends on cooperation from local law enforcement. Nicole Scango, good to have you at the table. Thank you. Still ahead on the CBS Evening News, Lonnie Quinn on heavy rain from South Florida to North Carolina. And we'll have these stories as well.
I'm David Schechter in California. One way we know the climate is changing is from 67 years of painstaking measurements of greenhouse gases. Scientists are now worried that cuts by the Trump administration could interrupt that gold standard. That's tonight's Eye on America.
I'm Nicole Killian in Winchester, Virginia. Rural hospitals hope for the best and brace for the worst as Congress wrestles with potential cuts to Medicaid. What it could mean for patients, that's next on the CBS Evening News.
President Trump signed an executive order today giving pharmaceutical companies 30 days to lower prescription drug prices. Otherwise, he says he will reduce what the federal government pays them for drugs through Medicare and Medicaid. At the same time, Medicaid, which provides health insurance for low-income Americans, could be a target of Trump budget cuts. Critics say that is a prescription for disaster. Here's Nicole Killian.
I've been dealing with most of this like my whole life. 24-year-old Yoli de Leon Beltran has been coping with chronic health issues affecting her joints and nervous system since she was a child, which requires a lot of medication. Overall, it's about 30. 30 medications. Yes. That's a lot. Yes.
Yes. How do you pay for all of this? I am very fortunate that I have Medicaid. They have been paying 100% for most of my medications. But she worries her coverage could be impacted as House Republicans finalize portions of President Trump's legislative package, seeking at least $880 billion in savings that could include Medicaid. Valley Health CEO Mark Nance runs six rural hospitals in Virginia and West Virginia and has lobbied lawmakers several times this year.
We need a solution that's workable. And throwing out a number like $880 billion, somebody's going to get hurt in that situation. GOP lawmakers argue the latest proposal would strengthen Medicaid and eliminate waste and abuse. While it backs off deeper cuts, it would require recipients work, volunteer, or attend school up to 80 hours per month. The Congressional Budget Office says at least 8.6 million people could become uninsured if the bill becomes law.
would you have to close your doors? We'd have to think about, I mean, can we keep every location open? I don't think Valley Health would go out of business per se, but I think that Valley Health would look substantially different. For Yoli, who visits Valley Health's main hospital about once a month, it's a lifeline. What would you say to lawmakers? There are people on this program that would not be alive right now if it weren't for this program.
The president is urging Republicans to unite behind this bill, which would use some of these cuts or savings to help pay for an extension of his 2017 tax cuts. Nicole Killian, thank you. Heavy rain is in the forecast for the southeast. Parts of Texas are in for a spring heat wave. Lonnie Quinn tracking it all for us tonight. Lonnie.
You betcha, guys. And when I was speaking on Friday evening, I talked about northern Florida and Georgia picking up big weekend rain. And sure enough, Vidalia, Georgia picked up eight inches of rain. Well, now it's South Florida's turn. That is West Palm Beach. And look at the radar picture from South Florida. That line of rain pushes into the ocean. It hooks around, comes back on shore around the Carolinas, and they will be training showers and storms, meaning they train over the exact same place like train cars over a track. So South Florida, wherever you see the red color, could see rain.
Four to six inches of rain. And then as you push up toward the Carolinas inland towards maybe portions of western Virginia, maybe a three to six inch range. But where it's not raining, you get to the midsection of the country. And you guys were referring to this. It is record setting heat out there. Look at some of these projections that we're dealing with. San Antonio hits one hundred and four degrees tomorrow. That would break a record by six degrees. And look at this number.
All right, Grand Forks, North Dakota, sees 97. That record of 93 has been in the books since 1893. Maybe they think it's about time for some fresh numbers in Grand Forks. It's going to be a hot one out there. Maybe. Lonnie Quinn, thanks so much. Trump job cuts could affect scientists who track changes in our environment. And America looks at the possible fallout next.
The PC gave us computing power at home, the internet connected us, and mobile let us do it pretty much anywhere. Now generative AI lets us communicate with technology in our own language, using our own senses. But figuring it all out when you're living through it is a totally different story. Welcome to Leading the Shift.
a new podcast from Microsoft Azure. I'm your host, Susan Etlinger. In each episode, leaders will share what they're learning to help you navigate all this change with confidence. Please join us. Listen and subscribe wherever you get your podcasts.
PMS, pregnancy, menopause. Being a woman is a lot. OLLI supports you and yours with expert solutions for every age and life stage. They just launched two new products exclusively at Walmart. Period Hero combats bloat, mood swings, and more during PMS. And Balance Perimeno to support hormonal balance, mood, and metabolism during perimenopause. Grab yours at OLLI.com. These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.
The people of Earth just got a new warning about what we're doing to the planet. A NOAA report says more carbon dioxide was pumped into the environment last year than ever before. No one knows that because it monitors CO2 levels, but Trump administration cutbacks could affect the scientists who do that critical research. David Schechter has tonight's Eye on America.
This is the center of the operation that my father started. Professor Ralph Keeling is analyzing air samples inside these volleyball-looking flasks that were collected around the world. He's a professor at the Scripps Institution of Oceanography at UC San Diego, and for him, this is a father-son business. He never encouraged me to go into the field, but he inspired me by what he did.
That's a young Ralph in the middle, and that's his dad on the right. It was Charles David Keeling, who died in 2005, who first developed what's known as the Keeling curve. It plots over time the unchecked rise of carbon dioxide in the atmosphere, which is warming our planet. Look how closely the curve matches the rise in global average temperatures. The headline, sadly, is the same every year, is that we keep breaking records.
Now, this work is in jeopardy because the Trump administration has proposed cuts that would slash climate research, specifically targeting the National Oceanic and Atmospheric Administration, or NOAA, which runs its own larger carbon sampling program. Do you have some concerns that that work is going to stop?
It would be a big blow if that work stopped, not just for me personally, but for the community and for the world at large. Supporting the work that Keeling started is now a combined effort of scientists around the world. Over the years of our climate reporting, we've stood on a volcano in Hawaii to see samples gathered
And in Norway took a cable car to see how samples are shipped to a NOAA laboratory in Boulder, Colorado for analysis. Why do you have to send samples to Colorado? Because we want to see that we are measuring on the same scale. It's beautiful data, but it's also sad. So underlying that sense of wow, scientific wonder and beauty is also a sadness that this is actually what's happening.
The Trump administration's plans would eliminate NOAA's global CO2 program, ending decades of unbroken data collection and degrading the ability to project how climate change will impact our future. The administration has not yet responded to our request for a comment. Turning off a program like this would be like turning off the headlights on a dark street tonight.
You can't see where you're going. The story of how our climate is changing has in part been revealed by a father and a son. Now with that continuous record under threat, who knows where the story goes. For Eye on America, David Schechter, La Jolla, California.
In tomorrow's Eye on America, from Trinidad, Colorado, how a town that fell on hard times reinvented itself with a few strokes of a paintbrush. Up next, why appearing on American currency is a posthumous honor.
Hey, Chicago. Apple makes it easier than ever to grow your business because Apple gets you real help from real people. Yeah, really. Our business experts are in the business of supporting yours, from choosing devices to finding the right apps to device financing. They're there to help you tackle the other stuff so you can focus on what you love. Real help from real people. Sounds real nice, right? Go to apple.com slash smallbusiness or visit an Apple store to learn more.
You may get a little excited when you shop at Burlington. Burlington saves you up to 60% off other retailers' prices every day. Will it be the low prices or the great brands? Burlington. Deals. Brands. Wow. I told you so. Styles and selections vary by store.
This episode is brought to you by WorldID. Ever missed out on concert tickets because of bots? WorldID is a digital identity that anonymously proves you are a unique human online. It's like a priority lane for humans in the age of AI. You can easily and privately prove you are a human online and access things only humans should, like event tickets, dating apps, financial services, and video games. Join millions of humans across more than 160 countries and get your free WorldID by visiting world.org.
Finally tonight, among the 5,800 bills before Congress is H.R. 1761. Otherwise known as the Donald J. Trump $250 Bill Act. Sponsored by South Carolina Republican Joe Wilson. It would create a new denomination of currency bearing the image of Donald J. Trump.
moment, the law allows only deceased individuals on our money, and therein lies a story. At the end of the Civil War, Congress authorized a five-cent note. The Treasury man in charge of printing it was one Spencer Morton Clark. For reasons known best to him, Clark put a picture of himself on the bill. Members of the House hit the roof. Martin Thayer of Dinwiddie County, Pennsylvania, called it derogatory to the
dignity and the self-respect of the nation. And in 1866, he got Congress to ban images of live individuals from our currency. The Trump Act would make an exception for a sitting president, but the bill is given little chance of passage. So for anyone dying to appear on U.S. currency, that is the only way.
And that's the CBS Evening News. The news continues now on Evening News Plus, streaming on CBS News 24-7. I'm John Dickerson. I'll see you then. I'm Maurice Dubois. Have a good night. We'll see you right back here tomorrow.
Survivor 48 is here, and alongside it, we're bringing you a brand new season of On Fire, the only official Survivor podcast. If you're a Survivor superfan, you won't want to miss this deep dive into every episode where we break down how we design the game, the biggest moves, your burning questions. It's the only podcast that gives you inside access to Survivor that nobody else can. Listen to On Fire, the official Survivor podcast with me, Jeff Probst, every Wednesday after the show, wherever you get your podcasts.
Now streaming. When everything's on the line, real heroes rise to the occasion. TV's hottest show is Fire Country. We're firefighters. We're gonna find a way to get you out of here. We take the hits together. We're on the same team. I'm right here with you, no matter what. I would never leave you hanging in the deep end. This place is a way of giving you new family. Fire Country. All episodes now streaming on Paramount+.