Reporter's Notebook: Who pays for tariffs?

Reporter's Notebook: Who pays for tariffs?

As officials debate who pays for tariffs, small business owners say the answer is on their import bill. "CBS Evening News" co-anchor John Dickerson explains.

Tariffs begin to batter Long Beach Port; expect ripple effects across the U.S. soon, officials say

After 11 straight months of soaring cargo volumes and “the strongest April on record,” officials at the Port of Long Beach warn that May is projected to hold a record of its own, and the title is quite grim. “May is going to be the first month in a year where we’re anticipating seeing steep declines year over year,” Chief Operating Officer Noel Hacegaba said Tuesday. Faced with sky-high tariffs on inbound Chinese products and outgoing U.S. mater…