Episode Transcript
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1:00
of America Corporation, all rights
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reserved. From CBS News headquarters
1:04
in New York, this is
1:06
the CBS evening news. Good
1:09
evening, I'm Maurice Dubois. I'm
1:11
John Dickerson. The reality of
1:13
President Trump's trade war sank
1:15
in today. And the financial
1:17
markets sank with it. After
1:19
yesterday's market rally, fear and
1:21
uncertainty returned, sending stocks lower
1:23
again. The Dow lost 2.5%.
1:25
The S&P nearly 3.5. And
1:27
the NASDAQ fell more than
1:29
4%. It is becoming increasingly
1:31
clear that this is a
1:33
trade war principally between the
1:35
United States and China. And
1:37
both sides are digging in.
1:39
It only got worse when the
1:41
White House revealed the U.S. tariff on
1:43
China is even higher than first announced.
1:46
The President says he is ready to
1:48
talk to the Chinese, but even though
1:50
they export millions of phones to the
1:52
U.S., they are not ready to pick
1:55
one up to call Mr. Trump. We
1:57
begin tonight with Nancy Cordes at the
1:59
White House. The president may have imposed
2:01
a 90-day pause on many of
2:03
his new tariffs, but he did
2:05
not pause the ones on China.
2:08
In fact, he pushed them even
2:10
higher. And those triple-digit tariffs are
2:12
already starting to take a toll
2:14
on the thousands of U.S. businesses
2:16
that import goods from America's third
2:18
largest trading partner. So we're very very
2:21
happy with the way the country's
2:23
running today's market slide started
2:25
while President Trump was meeting
2:27
with his cabinet and Just
2:29
after the White House clarified
2:31
that its new tariff rate
2:33
on most Chinese goods is
2:35
now an unprecedented 145% I
2:37
think that will end up
2:39
working out something that's very
2:41
good for both countries. I
2:44
look forward to it But
2:46
no talks are currently scheduled.
2:48
For now, the tariff will
2:50
get passed on almost entirely
2:52
to American businesses and customers,
2:54
and 73% of America's smartphones,
2:56
78% of our laptops, and
2:58
77% of our toys come
3:01
from China. China is the
3:03
source of the raw materials
3:05
for really the entire handbag
3:07
industry. Sarah Wells started her
3:09
business, designing bags for new
3:11
moms 13 years ago. Today,
3:14
she has six employees and imports
3:16
tens of thousands of her bags from China
3:18
each year. For her, the pain has already
3:20
set in. I was actually bringing over some
3:23
goods from China and in the midst of
3:25
shipping those over here, the first 20% tariff
3:27
hit and I had to come up with
3:29
the cash for that. How much cash are
3:32
we talking about? I had to put up
3:34
just over $15,000 to get my goods out
3:36
of the port that I hadn't expected to
3:39
have. And that was before Trump hiked China
3:41
tariffs to 145%. At this point, it might
3:43
as well be a thousand percent. It's just
3:45
insurmountable for small businesses. I mean, I can't
3:48
do that. That exceeds the cost of the
3:50
manufactured product. What are your options if you
3:52
have to pay $100,000 suddenly? I mean, really,
3:54
I'd have to lay off my staff to
3:57
get the goods out of port and then
3:59
what I... run the business. So at
4:01
this point it's really halted ordering which
4:03
has a long-term effect because even if
4:06
the tariffs went away say in two
4:08
weeks or six months I'm going to
4:10
have a huge gap in my inventory
4:13
I won't have product to sell and
4:15
I'll start losing sales. So all of
4:17
this has a really like ecosystem effect
4:20
on my business from top to
4:22
bottom. Nancy I talked to a small
4:24
business owner who was trying to find
4:26
an small business owner who was trying
4:28
to find an Oh, absolutely.
4:30
She has already flown to Cambodia to
4:33
look into moving her production there. She
4:35
says it's doable, but it would take,
4:37
she estimates about three to six months
4:40
to get up and running. So that's
4:42
a big lag time for her, which
4:44
is why she wishes that the administration
4:47
would have given U.S. businesses some lead
4:49
time so they could adjust their supply
4:51
chains. And by the way, Trump is
4:54
threatening to impose a 49 percent tariff
4:56
on Cambodia, so that is not a
4:58
risk-free option either. And that's where the
5:00
president talks about manufacturing in the United
5:02
States. Has she considered doing that herself?
5:05
Oh, absolutely. She says she'd
5:07
love to produce in the
5:09
United States, but she has
5:11
looked, and there are simply
5:13
no factories mass-producing bags here
5:16
in the U.S., at least not
5:18
right now. Nancy Cordes at the
5:20
White House, for us. Thank you,
5:22
Nancy. As we mentioned, the uncertainty
5:24
of the trade war is rattling
5:26
the financial markets. I talked about
5:29
that today with Austin Goolsbee,
5:31
president of the current
5:33
moment. There's no way around
5:35
viewing big tariffs as big
5:38
as they've had in the
5:40
US in 100 years. They
5:42
raise prices. And I'm out
5:44
in the 7th district in
5:46
the Midwest talking to business
5:48
leaders. And what I've heard
5:50
is a lot of anxiety.
5:53
As one business executive in
5:55
the auto industry told us,
5:57
you'd be crazy to do
5:59
anything. right now and not wait for
6:01
a few months at least to
6:03
figure out where things are going
6:05
to settle. Help me understand the
6:07
situation with China right now in
6:09
what appears to be a trade
6:11
war, help people understand what that
6:14
means for the economy. China is
6:16
our third biggest trading partner. There
6:18
are so many things are getting
6:20
shipped, a transistors, ship from Asia.
6:22
to Mexico where they put it
6:25
into a capacitor that's going to
6:27
go into a seat assembly, but
6:29
it's not, the seat's going to
6:32
get made in outside of Detroit.
6:34
If every single time something in
6:36
the supply chain is going to
6:39
get 125% tariff applied to it,
6:41
there are going to be problems. We'll
6:43
have more of my interview with
6:45
Austin Goolsbee on evening news plus.
6:47
Now more of the top stories
6:49
from around the world in tonight's
6:51
evening news roundup and we caution
6:53
you here the first video is
6:55
graphic. Here in New York a
6:57
helicopter crashed today in the Hudson
6:59
River. All six people on board
7:01
were killed including three children. Cell
7:03
phone video shows the chopper plunging
7:05
into the water. Lilia Luciano is
7:07
at the scene. The cause of
7:10
the crash is still under investigation.
7:12
What authority said today is that
7:14
the 911 call started pouring in
7:16
right after 3 p.m. People, some
7:18
people recorded the video of the
7:20
helicopter losing control and heard the
7:22
sound and recorded when it crashed
7:24
into the water. What we know
7:26
now is that there are six
7:28
victims, the pilot and a family
7:30
visiting from Spain. That family includes
7:32
three children. Police also said that
7:34
four of the victims were pronounced
7:36
dead there at the scene of
7:38
the crash from the bodies where
7:40
we covered but two were taken
7:42
to hospitals and ultimately died as
7:45
well. The number of people killed when
7:47
the roof collapsed at a nightclub in
7:49
the Dominican Republic has risen to at
7:51
least 221. No word yet on how
7:54
it happened. And a judge in New
7:56
York has ordered the movie director James
7:58
Tobak to pay nearly... $1.7 billion
8:00
in damages for sexually assaulting
8:02
dozens of women over several
8:04
decades. His accusers include actors
8:07
Rachel Mc Adams and Selma
8:09
Blair. The African nation of
8:11
Uganda is in the middle
8:13
of a deadly Ebola outbreak.
8:15
The United States was providing
8:17
on the ground humanitarian assistance
8:20
until President Trump pulled the
8:22
plug on USAID. The loss
8:24
of that help raises the
8:26
risk not only for Uganda,
8:28
but for the rest of the
8:30
world as well, including the US. Deborah
8:33
Pata reports from Antebby. As soon
8:35
as we stepped off the plane in
8:37
Uganda, we noticed a lack
8:39
of health screening. There seemed
8:41
to be one person costly
8:44
monitoring temperature as it was
8:46
unclear. There should be at
8:48
least two, but it's been
8:50
scaled back due to US funding
8:52
cuts. Right in the middle
8:54
of Uganda's eight Ebola outbreak.
8:57
The first case was reported
8:59
nine days after President
9:01
Trump took office. USAID
9:04
was leading the emergency
9:06
response when all of its
9:08
37 staff here were fired. We spoke
9:10
to one of them, a senior
9:13
USA ID official, and voiced over
9:15
her words to protect her identity.
9:18
She told us Uganda's health system
9:20
has been crippled by the cuts.
9:22
How does the crippling of the
9:25
health system in Uganda impact Americans
9:27
right now? Someone with Ebola could
9:30
board a plane and end up
9:32
in the United States. Is America
9:34
a little less safe? Absolutely. It
9:37
makes our ability to detect and
9:39
respond to disease much weaker
9:41
and that makes us less
9:43
safe. We reported from Liberia
9:45
during the deadly 2014 West
9:48
African Ebola epidemic which claimed
9:50
more than 11,000 lives and
9:52
cost the US over two
9:54
billion dollars to contain. But
9:56
it still spread to America
9:58
killing two people. This then
10:00
USAID has been at the
10:03
forefront of combating the disease.
10:05
All the doctors we've spoken
10:07
to here tell us they
10:10
are very worried that the
10:12
fight against infectious diseases, including
10:14
Ebola, could quickly get out
10:16
of hand without American
10:19
funding. USAID helped pay
10:21
the salaries of 35,000 health
10:23
workers. They've all lost their
10:26
jobs. And this US-funded clinic
10:28
is already battling shortages, where
10:31
doctors check for the initial
10:33
symptoms of the virus, fever.
10:35
In their labs, these $200
10:38
test kits can diagnose Ebola
10:40
in less than an hour.
10:43
They all come from Salt
10:45
Lake City. There are only
10:47
300 left. Clinic Dr. Kenneth
10:50
Corby said they are running
10:52
out of time. You cannot afford
10:54
even a day of waiting.
10:57
Deb, in 2014, after the
10:59
outbreak, U.S. policy was to
11:01
stop Ebola there before it
11:04
came to the United States.
11:06
What's the status of that
11:09
now? Well, John, in
11:11
Uganda, it's called a preemptive strike,
11:13
but the cuts also mean that
11:15
frontline workers who hunt for new
11:18
infections have been axed in 146
11:20
districts. And without them, they could
11:22
be undetected cases spreading. And Deb,
11:25
for Americans who wonder, you know, we
11:27
can't be the world's doctor. Is anybody
11:29
else stepping up to fill the void? The
11:32
World Health Organization has stepped into
11:34
the gap, Maurice, but for how
11:36
long? Their funding's also been cut.
11:38
And as the USAID official told
11:41
us, this was a good investment.
11:43
Uganda's two flights away from the
11:45
US. American doctors are not trained
11:47
to detect Ebola. Frankly, I'd rather
11:50
be treated for it here. Okay,
11:52
Deb Pata tonight in Uganda. Thank
11:54
you. Still ahead on the CBS
11:56
evening news. Storms in the South.
11:58
Rob Marciano is tracking. have these
12:00
stories as well. I'm Arch drossman.
12:02
These waters get choppy when it
12:04
comes to naming this body of
12:06
water. Is it the Gulf of
12:08
America or the Gulf of Mexico?
12:10
I'm Elaine Kehano at a chicken
12:12
hatchery in Webster City, Iowa where
12:15
they're rushing to fill orders for
12:17
people who want to raise their
12:19
own egg-laying chickens. That story next
12:22
on the CBS evening news. Following
12:32
gasoline prices are helping to
12:34
bring inflation down. The government
12:37
reported today that consumer prices
12:39
fell a tenth of a
12:41
percent in March. But food
12:43
prices were up four-tenths percent
12:45
and eggs have hit six
12:47
dollars, twenty-three cents a dozen.
12:50
That's driving some people to
12:52
DIY eggs. And in this
12:54
case, Elaine Keanu reports, the
12:56
chicken comes first. It's a scramble
12:58
to fill orders at Murray
13:00
McMurray Hatcherry in Webster City
13:03
Iowa. These chicks are in
13:05
high demand. Customers want egg
13:07
laying hens. McMurray Hatcherry? Are
13:09
you okay with a white
13:11
egg layer? We're taking anywhere
13:13
2,000 to 2,500 phone calls
13:16
a day. This family-run business
13:18
hatches an average of 3
13:20
million chicks each year. Tom
13:23
Watkins is president. Late January
13:25
is probably when we really noticed
13:27
that this was not a typical
13:30
year. We saw calls, you know, double
13:32
and triple in that time frame.
13:34
And what sparked that demand?
13:36
Egg prices, you know, that's
13:39
probably number one. Right now the
13:41
cost of a dozen large eggs is
13:43
up more than three dollars from a
13:45
year ago. The
13:47
only threat to Watkins business is
13:50
bird flu. He has 50,000
13:52
chickens in five barns Those
13:54
barns sit in a busy
13:56
migration path for wild birds
13:58
which can spread the So
14:00
every vehicle here is
14:02
sprayed and once a month
14:04
chickens are swabbed and tested
14:06
for bird flu. The precautions
14:08
are part of a precise
14:11
process to incubate hatch and
14:13
ship day-old chicks. We ordered
14:15
all hens to customers including
14:17
Amy Rowe in upstate New
14:19
York. We will get a
14:21
lot of eggs from these
14:23
chicks. She already has a
14:26
flock of chickens. Why did
14:28
you decide to get more
14:30
chicks now? Well, chicken math. We
14:32
love chickens and we wanted to
14:34
keep high numbers of laying eggs.
14:37
Rowe has a steady supply of
14:39
eggs for her family and sells
14:41
the rest for six dollars a
14:43
dozen at a local farm stand.
14:46
They often sell out. Eddie Lane Kehano
14:48
joins us now with a concept here. So how
14:50
much do these chicks cost to buy and
14:52
then to care for them? So McMurray hatchery
14:54
sells chicks for about three to twelve
14:56
dollars per chick and then after that
14:58
the cost can really vary. It depends
15:00
on how elaborate you want your setup
15:02
to be. But chickens need to be
15:04
protected from predators and the weather that
15:06
often means a coop and some fencing.
15:08
That can start at about a couple
15:10
hundred dollars and go up from there.
15:12
And the cost of chicken feed for
15:14
one hen, about thirty six dollars a
15:16
year. No, thank you. It was a
15:18
price. Well, now to our weather, heavy
15:20
rain is coming tomorrow to the northeast.
15:22
But first, Rob Marciano, more severe storms
15:25
are coming tonight. Is that right in the
15:27
south, Rob? Yeah, John, they've been popping all
15:29
afternoon and we were seeing some in Tennessee
15:31
and southern Indiana, a tornado reported there. This
15:33
is a live shot at a Nashville. Boy,
15:36
it was really blowing just a few minutes
15:38
ago. You still see the trees moving around
15:40
here. A severe thunderstorm warning in place. Big
15:42
swath of watches here that's in effect until
15:45
9 o'clock and then 11 o'clock in due
15:47
parts of Georgia. These could have 60-70 mile
15:49
per hour winds. We've already seen that so
15:51
damage certainly is possible. Meanwhile, the northern part
15:54
of the system, we're looking at rain into
15:56
the northeast and even some snow. Can you
15:58
believe that this time of year? How much snow
16:00
do we expect? This is going to be
16:03
mostly a well northern event, obviously, and also
16:05
an elevation event. So into the cat skills
16:07
and the mountains of parts are new and
16:09
we could see as much as six inches
16:12
of wet snow there over the next two
16:14
rounds of rain, two inches of rainfall from
16:16
filling to DC. So that's significant through the
16:18
weekend. Speaking of rain, some rain may get
16:21
through Augusta tonight with those storms, maybe a
16:23
leftover shower tomorrow, but the weekend, Saturday and
16:25
Sunday and Sunday and Augusta, the right of
16:28
spring looks to be perfect. The Mississippi River
16:30
divides the nation east and west.
16:32
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use nourish.com. What do you call
18:10
the body of water that borders
18:12
Texas, Louisiana, Mississippi, Alabama,
18:15
and Florida? That is
18:17
tonight's eye in America
18:19
reported by Mark Strassman.
18:25
17 miles off Louisiana shoreline, we
18:27
went looking for swordfish and answers.
18:30
We were on the Gulf, but
18:32
the Gulf of what? We are
18:34
Gulf of America outfitters. Adam Peterson
18:37
reeled in one answer. He owns
18:39
this Cajun Charter fishing boat company.
18:41
Why did that name Gulf of
18:44
America appeal to you? It hit
18:46
home for a lot of people. It
18:48
was more of an ode to
18:50
the folks that we felt like
18:53
it representing. Folks like you. Folks
18:55
like us, yes sir. And Peterson
18:57
got there first. He named his
18:59
company Golf of America Outfitters three
19:01
years ago, back when Choppy Waters
19:03
here had nothing to do with
19:05
naming rights. It says that we
19:07
only, we take a big ownership
19:09
for what we do here and
19:11
how well we protect this environment.
19:14
When you named it, it wasn't
19:16
political. Absolutely not. And now? It's still
19:18
not political. It's not. But it
19:20
is. Gulf of America or Gulf
19:22
of Mexico. Same body of water,
19:24
but with two names and a
19:26
Gulf between them. A political Gulf
19:28
that came out of the blue.
19:30
We're flying over a thing called
19:32
the Gulf of America. President Trump
19:35
signed an executive order in January.
19:37
It renamed the Gulf, at least
19:39
on US government maps, from what
19:41
the world has called it since
19:43
the 1500s. This is what people understood
19:45
the Gulf to be. In Tulane
19:47
University's map archives, historian
19:49
Blake Gilpin showed us
19:51
one original antique golf
19:53
map after another. Take
19:56
this one from 1656.
19:58
It clearly says... as
20:00
in Dutch, Gulf of Mexico. The
20:02
earliest that Gulfo to Mexico
20:04
was used, I think, is
20:06
1550 or 1552. Named by
20:08
who? Originally. Named. The Gulf
20:10
of Mexico is Spanish explorers
20:12
or mapmakers. Is the Gulf
20:14
any more American than it
20:16
is Mexican? It's not ours.
20:18
It's always been an international
20:20
body of water, but also
20:22
an international trade network. It's
20:24
like the quickest way to
20:26
tell what is someone's politics.
20:28
Do you support Gulf of
20:30
America? Do you not? You're going
20:33
to know what part of the
20:35
political spectrum they sort of hail
20:37
from. Adam Peterson does and has
20:39
from the minute the president broke
20:41
with precedent. But for commercial reasons.
20:43
Business is up? Give me a
20:45
sense of it. February we saw
20:47
540% in growth, which I would
20:49
say is a pretty big deal. I
20:51
can't deny that there was an
20:54
impact from the name change. Then
20:56
again, up and down the Gulf
20:58
Coast, most people use neither name.
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They simply call it the Gulf.
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For I in America, Mark Straussman,
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off the coast of Louisiana. The
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White House banned the Associated Press from
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the Oval Office because the worldwide news
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agency continues to call it the Gulf
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of Mexico. A Trump appointed federal judge
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ruled yesterday that the ban violates the
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First Amendment and ordered the AP's access
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be restored. The White House is appealing.
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Tomorrow at this time Steve Hartman will
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be along with on the road and
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an artist who pushes the envelope. And
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John and I will be back right
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Rhone20. Hey, I'm Andy. If you don't
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Instacart is on a mission to have you not
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leave the couch this basketball season
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because between the pre-game rituals and
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the post-game interviews it can be
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Excludes restaurants. Finally, tonight
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the record will show that on day
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80, President Trump got around to the
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plumbing. He raised the water output limit
23:48
on shower heads to two and a
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half gallons a minute. Mr. Trump had
23:52
long complained the water pressure in the
23:54
White House was not sufficient for his
23:57
showering needs. It turns out he was
23:59
not the first. Johnson had six
24:01
strategically placed shower heads installed
24:03
and constantly badgered the maintenance
24:05
staff to raise the pressure
24:07
and the temperature driving one
24:09
plumber to a nervous breakdown.
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Richard Nixon had the LBJ
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shower removed. He of course
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had his own problems with
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plumbers and water-related matters. Showering
24:19
was not one of them.
24:22
That's the CBS evening news.
24:25
I'm John Dickerson. See you
24:27
soon on Evening News Plus
24:29
streaming on CBS News 24
24:32
7. I'm Maurice Dubois. Have
24:34
a good night. We'll see
24:36
you back here tomorrow. Survivor
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48 is here and alongside
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we're Survivor 48 is here
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and alongside it we're bringing you a
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It's the only podcast that gives you
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every Wednesday after the show, wherever
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you get your podcast. hoop fans? I'm
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asking to call Moss and
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I'm bringing you triple threat.
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Your weekly courtside pass to
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the most interesting moments and
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conversations in the NBA. From clutch
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performances to the stories shaping the
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game on and off the court,
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triple threat has you covered with
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it all. culture, drama, and social
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media buzz, we're locked in
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just like you're locked in.
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Watch weekly on CBS Sports
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Network at 1 p.m. Eastern
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or on the CBS Sports
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where basketball meets culture.
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