News Wrap: North Carolina on alert for floods after Chantal makes landfall

John Yang:

Flood watches are posted for parts of North Carolina as the remnants of Tropical Storm Chantal drops as much as 4 inches of rain. The storm has been downgraded to a tropical depression, but the National Weather Service warns of potentially dangerous conditions through the early part of this week.

The storm made landfall overnight and continues to move inland, bringing with it bands of heavy rain. Life threatening surf and rip currents are also a danger for beachgoers in neighboring states. Over the next 24 hours, the system is forecast to turn north and then hook to the east.

European leaders are bracing for what President Trump may do when his tariff pause ends in the middle of the week. In April, the president imposed a 20 percent levy on all products made in the European Union, but later reduced it to 10 percent after pushback from investors and business leaders.

Now, after vowing to make 90 deals in 90 days, Mr. Trump's economic team is under pressure to figure out what comes next.

Scott Bessent, Secretary of the Treasury: President Trump's going to be sending letters to some of our trading partners saying that if you don't move things along, then on August 1st you will boomerang back to your April 2nd tariff level. So I think we're going to see a lot of deals very quickly what's.

Dana Bash, CNN Anchor:

Going to happen in August.

Scott Bessent:

So countries will get a letter saying that if we have not reached an agreement, then you will go back to the April 2nd level.

John Yang:

If additional tariffs are imposed on items from the EU, it could lead to higher prices for everything from plastic to leather to European wines.

Still to come on PBS News Weekend, with tick season in full swing while this year is worse than usual and what you can do to protect yourself and polar ice sheets and climate change, where is the planet headed?