Americans are bracing for President-elect Donald Trump’s proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O’Grady looks at the potential economic impact. Then, small business owner Andy Gossett joins to discuss what the tariffs would mean for his outdoor sporting goods company.
China is doubling down on Latin America ties to bolster influence and trade, experts say
China President Xi Jinping last week inaugurated a $3.5 billion megaport, majority-owned by China state shipping company Cosco, during a trip to Peru.