it's tuesday, february 4, 2025. this is "cbs news mornings." trade war and peace. tariffs on chinese imports take

effect, and china retaliates. while the president backs off on new levies on goods from mexico and canada. chaos and confusion sparking protests and pushback after trump ally and private citizen elon musk moves to shutdown a federal agency providing humanitarian aid across the globe. and search for clues. crews recover parts of the mangled american airlines plane from the potomac river as investigators try to piece together how the jet collided with a military helicopter. good morning. i'm michael george. well, while the trade war with mexico and canada is temporarily on hold, the trade war with china just began. overnight china announced it's imposing a 15% tariff on coal and liquefied natural gas products from the u.s. along with a 10% tariff on american crude oil, agricultural machinery, and cars with large engines. meanwhile, the fallout is growing over elon musk's plan to eliminate the federal agency

responsible for distributing aid overseas. cbs' naomi ruchim joins us with the latest. naomi, good morning. first off let's talk about these tariffs because it seems like president trump is backing off of the mexico and canada tariffs at least for now. >> yes, michael, but china is not backing down, renewing the trade war between the world's top two economies. china's retaliatory tariffs don't go into effect until next week, offering some time to negotiate, but president trump is now warning he could bump the tariffs up even higher if china doesn't work to stop the flow of opioids into the u.s. this morning china announced tariffs against some u.s. energy and machinery exports in response to the president's 10% tariffs on chinese goods, with the president's proposed 25% tariffs on canada and mexico are now being paused for a month after the leaders of both countries pledged to beef up security at shared borders to

stop the flow of illegal drugs and migrants. mexico plans to send 10,000 troops to the southern border. canada has also vowed to build a task force to help fight border crime and to appoint a fentanyl czar. on social media president trump said he is, quote, very pleased with this initial outcome. >> we have to stop fentanyl from coming in, whether i like somebody or not, and we have to stop the illegal aliens from coming in. >> reporter: meanwhile, there's uncertainty at the u.s. agency for international development or usaid after trump's department of government efficiency head, elon musk, moved to dismantle it in his quest to reign in government spending. today offices are closed. cbs news has learned that hundreds of contractors have been placed on administrative leave. >> usaid was established by an act of congress and it only be

disbanded by an act of congress. >> secretary of state marco rubio has been named acting director, and sources say some of usaid's functions could be absorbed into the state department. president trump does plan to speak to chinese president xi jinping later in the week. meanwhile, multiple sources tell cbs news the president is considering an executive order that would dismantle the department of education and move some of its functions to other parts of the government. eliminating the entire department, however, does require an act of congress, michael. so we talk about these first 100 days, and there is a lot going on and more to come, certainly. >> a lot to go on, and also the president really testing the powers of the presidency. naomi ruchim, thanks. the decision to pause new taxes on goods from canada and mexico for 30 days has importers breathing a sigh of relief. but if those tariffs end up going through next month and the

tariffs on chine continue, it could have a big impact on americans. cbs' kelly ogrady has that story. >> reporter: tariffs on mexico imports are on hold, but if they are eventually imposed, it could affect prices for fruit, vegetables and other goods. she sells imported candy from mexico. >> suppliers will have to rise their prices, which in turn will make retail places like myself raise their prices. >> reporter: canada is the number one supplier of beef and poultry to the u.s. the tariff on chinese goods could impact almost every u.s. industry according to patrick penfield. >> be import a lot of from pharmaceutical, you're talking the toy industry, electronics, so almost every industry in the united states would be impacted. >> reporter: we recently spoke with dealership owner tom maoli.

>> it's not just the vehicles, it's the part that go in the vehicles and those parts come from all over the world. and as those tariffs come in depending where those parts come from, it's going to impact every vehicle, suvs, cars, hybrids. >> reporter: and the gas that powers those cars could also cost more. the u.s. imports oil from canada. an analyst says a tariff could lead to higher prices at the pump. kelly o'grady, cbs news, new york. after heated confirmation hearings last week, two of president trump's most controversial nominees face crucial senate committee votes today. the senate finance committee is scheduled to take up the nomination of robert f. kennedy jr. as health and human services and the senate intelligence committee is set to vote behind closed doors on the nomination of tulsi gabbard to be director of national intelligence. and the fbi is facing a deadline of noon today to turn over to the justice department the names of employees who worked on cases related to the january 6th riot at the u.s.

capitol. it comes one day after there was another deadline for thousands of fbi agents and employees to fill out a trump administration questionnaire asking about their roles investigating the capitol insurrection. there's concern the president could be taking retribution against those involved in investigating january 6th. secretary of state marco rubio says el salvador's president is offering to accept deported migrants from the u.s. of any nationality including violent american criminals currently in prison. rubio made the announcement during a signing ceremony on an unrelated matter with el salvador's foreign minister following a meeting with the president. after rubio spoke, a u.s. official said the trump administration has no current plans to deport american citizens. salvage crews will resume the work this morning of pulling the mangled wreckage of american flight 5342 from the potomac river outside the nation's capitol. they're also still looking for victims killed when that jet collided with an army helicopter last week. cbs' kris van cleave has the latest on the investigation. >> reporter: crews began lifting

pieces of the american airlines regional jet that crashed into the potomac river after the midair collision. among them the midsection of the plane'smaled and upside down fuselage, one of the plane's engines, and a wing as efforts continue to recover all 67 crash victims. >> we have psitively identified 55 sets of remains. during recovery and salvage operations today, additional human remains were located. >> reporter: ntsb investigators have accessed the plane's cockpit data recorder, which shows the airliner was flying at about 325 feet around the time of the collision. deputy director of army aviation, colonel mike ott. is there any reason why army helicopters would be flying above that 200-foot line, as it appears in this case? >> it's important for us to not speculate because there are -- there are all kinds of reasons that you could deviate from an altitude. you know, something as simple as a flock of birds is in front of

you, or you may deviate if you see something that's an obstacle or other threat to your flight. >> reporter: the black box data also indicates the plane pitched up immediately before impact, perhaps a last second attempt by the pilots to climb. airline captain laura insettler. what's going in the cockpit 325 feet up with the runway in sight? >> the pilots of the regional jet are going to be fully focused on landing the jet. they're manually focused at that point, focused on the runway, their altitude, their airspeed, their spatial orientation, their descent rate. >> reporter: the second plane crash friday capped the deadliest week for american aviation in more than two decades and has rattled the flying public. what are you telling passengers right now? >> we put our lives on the line

every day to keep everyone absolutely as safe as we possibly can, so we always want to reassure the passengers and the traveling public that our safety is our absolute number one priority. >> the effort to identify additional victims is ongoing, as the salvage effort will turn its attention next to recovering the cockpit of the crashed airliner. kris van cleave, cbs news, washington's reagan national airport. coming up, campus protests fallout. universities under investigation and a college facing legal action. at issue how they handled pro-palestinian demonstrations. and joe biden inks a hollywood deal. the new role for the former president. a hollywood deal. the new rule for the former president. ♪ i take once-daily jardiance... ♪ ♪ ...at each day's start. ♪ ♪ as time went on, it was easy to see. ♪ ♪ i'm lowering my a1c! ♪ and for adults with type 2 diabetes... ...and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects include increased

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care at hospitals and college campuses come under scrutiny. those are some of the headlines on the morning newsstand. the associated press says the trump administration opened investigations into alleged anti-semitism at five colleges. the schools include columbia, uc berkeley, the university of minnesota, and portland state. it came the same day after a new task force. to root out anti-semitism on college campuses. officials accused campuses of allowing anti-semitism after the october 7th hamas attack on israel. the detroit news says the aclu is suing the university of michigan after pro-palestinian protesters were banned from campus. the federal lawsuit file on behalf of at least five people accuses the school of violating their right to free speech. last week a student who dedicated to the palestinian liberation was cut off from

funding for two years for actions the university says violated school policies. the school didn't immediately respond to request for comment. and new york says state attorney general letitia james warned hospitals against canceling transgender care. she sent a letter to hospitals yesterday saying refusing treatment would violate state anti-discrimination laws. it comes after president trump signed an executive order last week threatening to withhold federal funds from hospitals providing gender affirming treatments to people under the age of 19. that includes puberty blockers and hormone treatments. ahead, reviving a vampire slayer. reports of a reboot of a popular show starring share sarah michelle geller. arah michelle you don't have to settle. geller.arah michelle is right for you. it's one of the latest treatments from the makers of humira. rinvoq works differently than humira and may help. rinvoq is a once-daily pill that can deliver rapid symptom relief, lasting steroid-free remission,

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slayer. and secondly, i'm retired. >> "buffy the vampire slayer" may be making a comeback, and the original buffy, actor sarah michelle geller, is said to be attached to the project. but reports say a new buffy would focus on a younger slayer and geller would not be the main character. president trump orders the first ever u.s. sovereign wealth fund and california's largest insurer wants to hike prices. here's shanelle kaul with today's "moneywatch." wall street rattled back and forth over president donald trump's latest move on tariffs, prying back some of its losses. the dow ended down 122 points, the nasdaq lost 235, and the s&p 500 dropped 45 points. state farm wants to charge more to insure california homes. the company asked the state government to allow it to increase home insurance rates by an average of 22%, citing the

dire financial situation in the wake of the l.a. wildfires. state farm says it already received more than 8,700 fire claims paying out more than $1 billion. president donald trump has signed an executive order calling for the nation to create a sovereign wealth fund. trump said the fund could help finance the purchase of tiktok. the treasury and commerce departments will now have 90 days to come up with a plan on how to create the fund. sovereign funds are more common in oil rich countries like saudi arabia. and a win for the philadelphia eagles could be a win for your pet this weekend, too. national online pet retailer chewy is giving away thousands of treats for birds, dogs, and cats for free if the eagles beat the chiefs. now, if that happens the company will release a promo code that can then be redeemed for select treats on their website. that's your cbs "moneywatch" report for this tuesday morning. i'm shanelle kaul, cbs news, new york. up next the dunkings are

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>> i'm the big time now. >> well, the dunkings are returned for super bowl sunday. actor ben affleck will appear again for another dunkings commercial dressed in the signature orange track suit. and this year he's teaming up with brother casey affleck and succession actor jeremy strong. and if you're wondering, jennifer lopez will not be making an appearance in the ad like she did last year. i guess we shouldn't be too surprised about that. along with the anticipation for super bowl commercials, there's also of course a lot of hype for the game itself. players and coaches for the philadelphia eagles and kansas city chiefs took part in the traditional mead unight last night in los angeles. it's considered the opening event for super bowl week. they answered questions from reporters ranging from planned touch down passes to preparing for the game. >> you've got to go out there and unfortunately it's the last game of the season. and you always want to keep them all.

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♪ trumpets on a tuesday. here we go as we welcome you to "cbs mornings." i'm gayle king. >> i'm tony dokoupil. >> and i'm nate