Full transcript of “Face the Nation with Margaret Brennan,” Feb. 23, 2025

Donald Trump campaigned on hardline tariff proposals that alarmed economists, corporate America and Wall Street.

China has released a list of new tariffs on U.S. goods. This comes as President Trump touts plans for 25% tariffs on steel and aluminum. CBS News contributor Javier David has more.

CBS News business analyst Jill Schlesinger tells “Face the Nation with Margaret Brennan” that “consumers are a little unnerved” by President-elect Donald Trump’s proposed tariffs. Businesses are unnerved as well, she said, because “they’re not really sure whether they can pass that along and have consumers pay that additional price.”

The Environmental Protection Agency is working on an expedited timeline to clear combustible paints, household chemicals and other toxic debris from the Los Angeles fires. After the waste began arriving at a park 15 miles from the fire zone, some in the community are raising the alarm. Jonathan Vigliotti explains.