In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."

MSNBC's Lawrence O'Donnell and Jen Psaki discuss the breaking news that Donald Trump is now threatening Canada with tariffs of 35% claiming the "flow of fentanyl" from America's northern neighbor as his reason.

President Trump warns Canadian Prime Minister Mark Carney of a new 35% tariff on Canadian imports if the country doesn't address fentanyl trafficking and existing trade disputes.

Atlanta, Georgia — Pillows filled and sealed for a good night's sleep at the Atlanta warehouse of home bedding company Standard Fiber are one of many things giving its CEO, Chad Altbaier, nightmares. "Planning is practically impossible," Altbaier told CBS News. "Probably the most challenging time of my career."

Canada is one of the United States' top trading partners, with more than $410 billion of goods crossing into the country last year.

U.S. President Donald Trump said on Thursday the United States would impose a 35% tariff on imports from Canada next month and planned to impose blanket tariffs of 15% or 20% on most other trading partners.

Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly mismanaged the Fed." "While continuing to run a deficit since FY23 (the first time in the Fed's history),

Latest news and live updates as Marco Rubio meet with Russian foreign minister amid tensions over Ukraine and Trump releases tariff letters to trading partners.

Trump threatens 35% tariff on Canadian goods and says he may double what other nations are charged - Trump is playing hardball with countries that have yet to make a trade deal with him

President Trump's 90-day pause on global tariffs announced in April is nearing its expiration, and the White House warned that steeper tariffs could roll out at the beginning of August. CBS News' Natalie Brand has the latest.