Federal Reserve Chair Jerome Powell warned President Trump's trade war could drive up inflation while at the same time causing growth to slow and unemployment to rise. CBS News' Nancy Cordes has more.

California Gov. Gavin Newsom also announced plans for the state to file a lawsuit challenging the tariffs. CBS News chief White House correspondent Nancy Cordes has the latest updates.

Nancy Cordes is CBS News' chief White House correspondent based in Washington, D.C. Cordes has won numerous awards for her reporting, including multiple Emmys, Edward R. Murrow awards, and an ...