We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode CBS Evening News, 06/04/25

CBS Evening News, 06/04/25

2025/6/4
logo of podcast CBS Evening News with Norah O'Donnell

CBS Evening News with Norah O'Donnell

AI Deep Dive AI Chapters Transcript
People
A
Alicia Gomez
B
Bob Milgram
C
Celine Gounder
J
Jonathan Vigliotti
L
Lonnie Quinn
M
MTS Tayeb
S
Stephen Dunn
T
Teresa Ghilarducci
Topics
Jolene Kent: 50%的钢铝关税不仅影响汽车、卡车等大件商品,也影响婴儿勺等日常小商品。关税政策应具有战略性,不应给企业和消费者带来不必要的负担。由于关税导致成本上升,企业可能不得不裁员并停止生产部分产品。在美国缺乏相应的制造基础和设备,无法将生产转移到美国本土。 Stephen Dunn: 作为Munchkin的CEO,我认为关税的实施需要更加谨慎和具有策略性。目前对钢铝产品征收的50%关税,将会直接导致我们生产的婴儿勺成本上升,最终这些成本还是会转嫁到消费者身上,相当于对家长们征收了一种税。更糟糕的是,由于关税的影响,我们公司已经受到了冲击,不得不裁员,并且停止生产一些非常受欢迎的产品。我们并非不想在美国本土生产,而是因为美国目前缺乏相应的制造基础、工具设备和自动化技术,这使得我们无法将生产线转移回美国。现在经营企业就像蒙着眼睛投掷飞镖,充满了不确定性。

Deep Dive

Chapters
This chapter explores the impact of new Trump tariffs on steel and aluminum. It highlights how these tariffs are affecting businesses, particularly small businesses, leading to increased costs and job losses. The uncertainty caused by tariffs is also slowing economic growth.
  • Trump tariffs doubled import taxes on steel and aluminum to 50%
  • Tariffs are hitting everyday items, impacting businesses and families
  • Small businesses lost 13,000 jobs last month according to ADP
  • Uncertainty from tariffs is slowing U.S. economic growth

Shownotes Transcript

Translations:
中文

Another app for inventory. One for CRM. Oh, don't forget accounting. Wait, which login was that? Or you could use Odoo, one fully integrated system that does it all without the hassle. Ditch the app overload. Get everything your business needs on one platform. Try Odoo free today at Odoo.com. That's O-D-O-O dot com.

This episode is brought to you by Avid Reader Press. Legendary investor Ray Dalio's new book, How Countries Go Broke, The Big Cycle, explains the mechanics behind big debt crises. Larry Summer says Dalio's brilliant iconoclastic approach is an invaluable resource. And Hank Paulson says it provides a solution to what is the biggest and most certain threat to our prosperity. Read it to understand the greatest economic issue of our time. Available now wherever books are sold.

Casualties of a trade war. We now have 80% tariffs on a metal soft bite spoon for babies. As the latest tariffs hit businesses and families. From CBS News headquarters in New York, this is the CBS Evening News.

Good evening, I'm Maurice Dubois. I'm John Dickerson. American consumers and businesses are caught in the middle of a trade war. New Trump tariffs today doubled import taxes on steel and aluminum to 50%.

That will raise costs for businesses who depend on those metals, and it is likely to force them to raise prices on their products. This is the day the president set to have America's trading partners submit proposals to avoid still more tariffs next month. He said China's President Xi is extremely hard to make a deal with. Canada's Prime Minister said negotiations are underway, but if they fail, he is ready to retaliate.

Today, the Congressional Budget Office said tariffs will slow the economy. The president believes they will eventually boost U.S. manufacturing. Right now, some U.S. manufacturers say they're being hurt by the tariffs and their customers will feel the pain. Jolene Kent is in Los Angeles tonight. Jolene.

Good evening. When we think about these 50% tariffs on steel and aluminum, you often might think of those big ticket items when it comes to cars, trucks, refrigerators, washing machines. But what we found in Van Nuys, California, is these steel tariffs are hitting everyday smaller items too.

We went to the headquarters of Munchkin, one of the most innovative baby brands in the country, where steel tariffs are impacting their biggest products and their smallest. No one thinks about a baby spoon as a steel product. Stephen Dunn is Munchkin's CEO and founder. Tariffs should be strategic. We need a

a tariff policy that doesn consequences of putting a spoon done says making th baby spoons will cost 80 of the 50% steel tariff 30% tax on chinese import on parents and it's a tar businesses throughout the

aluminum tariffs are now th since the 1930s. And thi group, the OECD downgrad U. S. Growth, pointing to uncertainty. Tariffs effe are made in China. Dunn s have already taken a hit

And after tariffs were announced, he had to lay off workers for the first time in 35 years. Munchkin is also discontinuing some of its most popular items. You've stopped ordering these entirely? It just will become unaffordable if we pass on the cost of the tariffs. It will make it too expensive. We don't believe consumers will pay for it. Why can't you make these kind of products in the U.S.?

There isn't the manufacturing base, the tooling equipment, the automation. So how do you run a business? It's like being blindfolded, throwing darts at a rotating target. Jolene, there's some new economic data that seems to back up what your reporting is telling you.

That's right, John. When it comes to hiring momentum, it slowed down in May, according to the private payroll provider ADP. In fact, small businesses are bearing the brunt. Small businesses lost 13,000 jobs last month. And Jolene, what are analysts expecting for the May jobs report? That's a big number and it comes out on Friday.

Maurice, it's really all about what this number shows. The market is expecting a slowdown from May compared to April. But since tariffs began, we heard from businesses that it would be 60 to 90 days until we started to see the actual real world impact on jobs. And we are sitting at that 60 day mark right now. OK, Jolene Kent tonight in Los Angeles. Thank you.

Now more of the top stories from around the world in tonight's Evening News Roundup. The Congressional Budget Office says President Trump's spending and tax cut package will add nearly $2.5 trillion to the debt over 10 years. The CBO also says nearly 11 million more Americans could lose health insurance. A U.S. back-to-aid group that provides food to Palestinians in Gaza was forced to suspend distribution today. MTS Tayeb in Tel Aviv has more on this.

Well, we were able to make contact with the representative for the Gaza Humanitarian Foundation who told us they will not be resuming operations tomorrow. Now, the group had paused aid deliveries today in order to, quote, enhance safety. For three days straight, there were large-scale deadly shootings not far from the U.S. and Israeli-backed groups' hubs in southern Gaza, which are staffed by heavily armed American private contractors.

On Tuesday, the Israeli military said it allowed 157 trucks of aid into Gaza, but our CBS News team on the ground reports so far, none of it has been distributed.

A federal judge today blocked the government from deporting the family of the alleged Boulder, Colorado fire bomber to ensure they get due process. The Egyptian national is accused of injuring 15 people in the attack on a demonstration in support of Israelis held hostage by Hamas. And a cargo ship is burning off Alaska. The Coast Guard says the ship is carrying thousands of cars and trucks, including 800 electric vehicles. The crew was rescued.

And a man from Washington State is facing federal terrorism charges for allegedly providing chemicals for a car bombing last month at a fertility clinic in Palm Springs, California. Jonathan Vigliotti is following this. The bomb that exploded outside the clinic was made with ammonium nitrate, a volatile fertilizer the FBI says was secured by 32-year-old Daniel Park of Washington State. Park was in possession

of an explosive recipe that was similar to the Oklahoma City bombing. Park was arrested at New York's JFK Airport overnight after an FBI investigation led to him being detained in Poland. The FBI discovered he traveled there after the bombing, tracking him down using online chats and travel itineraries.

He appeared in federal court in Brooklyn this afternoon, charged with providing material support to terrorists. He waived his right to a detention hearing. Investigators say he connected online with the man he allegedly helped, Guy Barkas, over their shared nihilistic ideology that life has no meaning.

According to an affidavit, in January, Park shipped about 180 pounds of the fertilizer to Barkas' California home before meeting him. Park spent approximately two weeks visiting Barkas' residence in 29 Palms in late January and early February, running experiments...

in Barkas's garage. The FBI says Barkas then drove the bomb to the Palm Springs Clinic, where he carried out what is now being called a suicide bombing. Is there any indication that there were other targets to follow? No indication that there were other targets, and our analysis is still trying to determine exactly how much explosives were used.

And the FBI says neither man appeared on their radar before the attack. Park will now be transferred to California to face his charges if he's found guilty. He could face up to 30 years in prison.

Jonathan Vigliotti. Thank you, Jonathan. The commissioner of the FDA is promising to conduct a review of mifeprestone, a medication that can end a pregnancy. Dr. Celine Gounder is a CBS News medical contributor. Dr. Gounder, remind us again why mifeprestone is the subject of so much attention. Mifeprestone is a medication that is used for medication abortion, which now accounts for over 60% of all abortions in the United States.

but you have anti-abortion groups that question the FDA's authority to regulate this, as well as the safety of the drug. Last year, the Supreme Court upheld the availability of mifepristone, but there are still debates about its use and its regulation, and this is despite the fact

that the drug was approved some 25 years ago and is also used to manage women undergoing miscarriage. You had a look at some of the evidence that the administration cited for this review. What can you tell us about that? Gosh, well, the authors are not medical professionals. The study, well, study, was not reviewed by experts in the field. This was not published in a scientific publication.

And I think also importantly, they did not reveal the sources of their data or their methodology. And this is important because Senator or Secretary Kennedy has made a big deal about the importance of being able to reproduce scientific research. And without the data source and the methodology, you can't really do that. Real fast. Where does this go from here?

really depends on if the FDA strictly follows the science and its own extensive safety reviews. We know that this is a drug that is at least as safe as Tylenol, but it depends. Science versus politics. Dr. Celine Gounder, thank you. Still ahead here on the CBS Evening News, Lonnie Quinn on the record heat in the Northeast and that spreading smoke from Canada. Also tonight, his daughter was killed in an anti-Semitic attack in Washington. Usually a parent

tries to mold her child, Sarah molded us. I'm Jill Schlesinger in New York. Economic uncertainties are making many Americans feel queasy as they approach retirement. That's tonight's Eye on America.

Two weeks ago tonight, 30-year-old Yaron Lashinsky and 26-year-old Sarah Milgram, in love and planning to get married, became victims of anti-Semitic hate. They were gunned down in cold blood in Washington, D.C. They had worked together at the Israeli embassy. The suspect is charged with murder. Milgram's parents, Nancy and Bob, talked to Jonah Kaplan of our CBS Minneapolis station, WCCO, about their loss.

She was the perfect child. She loved people. She loved family. She loved her community. She loved her religion. Sarah Milgram also loved her job, and that's where her parents, Bob and Nancy, and her brother, Jacob, told us she met and fell in love with Yaron Lashinsky. On May 21st, the couple was leaving an event at the Capitol Jewish Museum in Washington when a gunman opened fire, killing them both. Usually a parent...

Tries to mold her child. Sarah molded us. I'm a different person now than before. This happened from learning, but from learning so much about what Sarah did and her courage. What have you learned from her? She was really strong. Her desire to reach her goals and to see a better future was stronger than any other.

of the hate that was directed towards her. This attack was in the beating heart of the free world. For it to happen there, it says that it can happen anywhere. We're sitting down now, you know, about two weeks since the shootings, and in the immediate aftermath of another attack on a group of Jews, this one in Boulder, Colorado. How does it feel to be a Jewish family in America?

threatened, insecure. Because of what happened to Sarah, I think I've been hardened by it. That I now, you know, I'm not scared because she gave the ultimate sacrifice and I can't, I can't be scared.

According to the Anti-Defamation League, 2024 saw the highest number of anti-Semitic incidents in 45 years. While a survey from the American Jewish Committee found 93% of American Jews, they said they believe anti-Semitism is a problem in America. John and Maurice. So important to share their story. Jonah, thank you. Now to some potentially dangerous weather.

It's headed here in the northeast. Lonnie Quinn is following the record heat and the smoke that is wafting its way down from Canada. Lonnie. Guys, that's where I want to start because some of that smoke from the Canadian wildfires has made its way here to New York City. Now, it's upper level smoke. So what that means is, take a look at our skyline. That iconic view you see right there, there's just a little bit of haze out there. It's not like what we experienced two years ago where the entire sky turned orange. It smelled like a

campfire walking down Broadway. That's not the case. So where is the worst quality air right now? It's in the Ohio Valley, stretching over towards the Great Lakes. And where's it going to go from this point moving forward? It all depends on how the jet stream flows. As of right now, that jet stream has been flown south from Manitoba into, say, northern Minnesota, into the Ohio Valley. Then it does a U-turn and it pushes well up to the north, north of Maine, and it

exits basically every day will get better as you go through the next two or three days. The temperatures are going to be a story because I told you that jet stream goes well to the north, like up around Maine. If you're south of that, big temperatures. Manchester hits 95 degrees tomorrow. Springfield is 93 tomorrow. New Bern, North Carolina with some rain cool there. You're only 77. So that's a big change right there. I do want to tell you one thing to put this all in perspective.

The worst air quality we have had from this event was in northern Minnesota and was between 250 and 300 on the AQI scale. Two years ago, and you guys probably remember this, here in New York City, we had the worst quality air anywhere on the planet. It was between 400 and 500. I mean, it was something else. And this is nothing like that event for us here in the city. Gentlemen? Yeah, it was dark in the middle of the day back then, Lonnie. Let's hope that doesn't happen again. Exactly. Appreciate it.

- Will economic turbulence lead some Americans to make a U-turn on the road to retirement? - "Ide America" is next.

This summer, Pluto TV is exploding with thousands of free movies. Summer of Cinema is here. Feel the explosive action all summer long with movies like Gladiator, Mission Impossible, Beverly Hills Cop, Good Burger, and Transformers Dark of the Moon. Bring the action with you and stream for free from all your favorite devices. Pluto TV. Stream now. Pay never.

The first season of CBS's new hit, NCIS Origins... Federal agent! ...is now streaming. NIS, what the hell is that? Naval investigative service. We go where the evidence takes us. We got this. 88% fresh on Rotten Tomatoes. You don't see folks trying to affect change, but here you are. Got a body waiting for us. Yes. Welcome to the team. NCIS Origins Season 1, now streaming on Paramount+.

Up again, down again stock prices. On again, off again tariffs. Up again and again prices. It's enough to give current and future retirees motion sickness. Workers in the first quarter of the year saved a record 14.3% of their income for retirement, but the value of the average 401k fell by 3%. In tonight's Eye on America, Jill Schlesinger checks back with a couple we met last year as they were looking down the road to retirement.

Dinner at the Gomez home outside Boston provides a textbook image of the sandwich generation. Three sets of relatives living under one roof. A club sandwich has a lot of layers and we have a lot of layers. It's not the easiest way to save for retirement.

as they told us when we first met them last year. Back then, their nest egg was healthy and growing. Stocks were climbing, hitting an all-time high by February of this year. But they cratered with the start of the trade war in April, only to climb back and recover most of the losses. I feel like I'm on a roller coaster. You just hope that if we're going to be on the downturn now, will we be on the upturn? No.

We decide to retire. Today, like millions of Americans, Alicia, 57, and Chu, 59, are experiencing the waves of an uncertain, seesawing market. There was about almost a 20% slide. Did you feel like you could go through that again? No.

I don't want to go through it. If you're paying attention to the market, you're going through it every day. 43 million people are about that age. These gyrations can trigger rash decisions, says labor economist Teresa Ghilarducci of the New School for Social Research. We have a name for living through that kind of volatility, and it's called scarring. How do I help those folks or prevent that scarring from causing them to act?

Act in a way that's detrimental. In times of financial crisis, do not talk to your friends or your family about what to do. Take a breath, take a minute, and rely on expert advice. Alicia, who holds down two jobs, had thought maybe she'd cut back work at 62. Chu, who works in logistics, thought 65. Now they've adjusted that mindset. It's probably going to be 67 at least. I think there's still a lot of unknowns. We

Would you stop putting money in your retirement accounts? Would you pull back on funding something else? The first place would be pull back on the retirement funding, because we are...

you know, maxing that out. Adding to their anxiety, fear that the Social Security system could run dry. There's been a 13% jump this year in people claiming retirement benefits early, despite permanently reduced payouts. Would that then argue that you should claim Social Security early? No, not yet. Not yet. Wait for the maximum benefit. Don't haircut yourself now, anticipating it will be cut later. The Gomez's say their retirement investments are up

by about 3% this year. So they'll simply sit tight and work hard to hold on to their jobs. You can only take so many hits. We don't have due overtime. No. In the long run, saving for retirement really is more like riding a roller coaster than a merry-go-round. For Eye on America, I'm Jill Schlesinger in Boston.

Some people drink coffee as they read their newspaper. In tomorrow's Eye on America, you'll meet a couple who sell coffee to support a newspaper. Now, have you ever had one of those days? Well, Jim Marshall had one on October 25th, 1964. His story is next. This portion of the CBS Evening News is sponsored by Air Supra. Visit us at airsupra.com.

Summer of Cinema is here! And Pluto TV is exploding with thousands of free movies. Stream blockbusters like Gladiator, Mission Impossible, Beverly Hills Cop and Good Burger. All totally free on Pluto TV. Stream now, pay never.

Now streaming. Hi again. TV's quirkiest crime solver. I'm Elspeth Tassioni. I work with the police. Is on the case. I like my outlandish theories with a heavy dose of evidence. And ready to go toe-to-toe with a cavalcade of guest stars. Are you saying that this is now a murder investigation? It's starting to look that way. Don't miss a moment of the critically acclaimed hit Elspeth. All episodes now streaming on Paramount Plus and return CBS Fall. That sounds like fun. Obviously murder's not fun.

This summer, Pluto TV is exploding with thousands of free movies. Stream hits like Good Burger, Four Brothers, The Wood, Paid in Full, and Beverly Hills Cop all for free. It's Summer of Cinema on Pluto TV. Stream now, pay never.

Finally tonight, one of the most infamous plays in sports. It's 1964. Minnesota Viking Jim Marshall carries the ball triumphantly into the end zone. But uh-oh, it is the Vikings end zone. Watch Marshall, number 70, pick up the loose ball. Marshall had recovered a 49er fumble, got disoriented, and ran 66 yards the wrong way. Instead of a Vikings TD, he scored a safety for San Francisco.

On the way home, his teammates joke with him that Marshall should fly the plane so it would land in Hawaii instead of Minnesota. But it would be unfair to judge Marshall by one gaffe. The two-time pro bowler was an iron man. His 282 straight games as a defensive end set a record. Marshall twice left the hospital to be in a game and once played after

after accidentally shooting himself. And about that game, Marshall said, "Think about making your worst mistake in front of 200 million people and getting teased about it every day of your life." Jim Marshall died yesterday. He was 87. What a career. Four Super Bowls with the famed Purple People Eaters defense. Man, but that many games in a row?

Extraordinary. That's the CBS Evening News. I'm John Dickerson. The news continues on Evening News Plus, streaming on CBS News 24-7. See you there. And we'll see you right back here tomorrow. Have a good night. I'm Maurice Dubois. Nova K is now streaming on Paramount Plus. You're going to love this. It's an adrenaline rush of fun. This is the best. And a bloody good time. Looking forward to it. Nova K, rated R, now streaming on Paramount Plus. 911, say it's an emergency. Yes.

They're dead? They're dead! A Paramount Plus original. She wants to find more young women for him to kill. The untold stories of the real cases. Each one he gets away with, he's emboldened. The FBI can't shake. It's very satisfying to be able to look at a bad guy and go, we never forgot you. An all-new season of FBI True, streaming now on Paramount Plus.