The economy was supposed to crumble. The trade war was expected to escalate out of control. Markets were forecast to plunge. None of that has happened. But Trump’s early trade victory may be short-lived.

The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,

President Trump announced over the weekend that the U.S. and the European Union have reached a trade agreement. CBS News' Weijia Jiang and Kelly O'Grady have the latest on that and the president's comments about aid deliveries in Gaza and the Russia-Ukraine war.

President Donald Trump on Monday used his luxury golf course on Scotland's coast to host British Prime Minister Keir Starmer, mixing critical discussions on the deepening food crisis in Gaza, Russia's war in Ukraine and tariff rates with boasts about the property's opulence.