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CNN By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term. China was already set to

CNN By Hadas Gold, CNN New York (CNN) — Elon Musk took another jab at President Donald Trump’s senior trade adviser Peter Navarro Tuesday, calling him a “moron” on social media as the Tesla CEO further splits from the White House’s tariffs plan. Musk’s remarks were in response to a CNBC interview with Navarro on

CNN By Phil Mattingly and Bryan Mena, CNN (CNN) –– President Donald Trump’s US Trade Representative Jamieson Greer on Tuesday defended the administration’s expansive tariffs during a routine hearing before the Senate Finance Committee. “Last Wednesday, President Trump declared a national emergency in response to the large and persistent trade deficit that has built up

By Anna Cooban, CNN London (CNN) — A top White House trade official has a message for world leaders caught in the crosshairs of US President Donald Trump’s tariff plans: it’s “just the beginning.” Peter Navarro, the president’s senior counselor on trade and manufacturing, wrote in an opinion piece in the Financial Times Monday that

By Matthew Kaufman, CNN New York (CNN) — Applying for a new job? A human resources representative or hiring manager may not be the first to review your resume. Instead, it might be an AI-powered tool. With some job postings attracting hundreds or thousands of applications, companies are increasingly using AI to sort through applicants

By Bryan Mena and Phil Mattingly, CNN (CNN) –– President Donald Trump’s US Trade Representative Jamieson Greer on Tuesday defended the administration’s expansive tariffs, saying that its concerns would not be resolved overnight, and in at least one case, the tariffs were about “running up the score.” Greer’s comments came during a routine hearing with

By Jordan Valinsky, CNN New York (CNN) — Cinnabon is facing an existential threat as it turns 40: How does a chain that’s become synonymous with the food court evolve when fewer malls are being built? GoTo Foods, Cinnabon’s parent company, isn’t looking too far for a solution. Next month, Cinnabon is opening a first-of-its-kind

By John Towfighi, David Goldman and Matt Egan, CNN New York (CNN) — What was a massive rally on Wall Street turned into yet another sizeable decline. Cheap stocks and hope for signs of trade negotiation sent markets surging Tuesday morning — but that relief rally evaporated as the White House said it would levy

By Bryan Mena, CNN Washington (CNN) — President Donald Trump is overhauling the wrong economic policies, industry experts say, and it could cost America the high-stakes artificial intelligence race against China. Trump last week announced sweeping tariffs to reinvigorate US manufacturing, an industry that’s been in decline for decades. But the tariffs — along with

CNN By Anna Cooban, CNN London (CNN) — Wealthy business leaders are turning on US President Donald Trump over his plan to impose a colossal set of tariffs on America’s trading partners, as losses mount on stock markets around the world. Billionaire investor Bill Ackman, who endorsed Trump’s 2024 presidential bid, warned Sunday that going

CNN By David Goldman, John Towfighi and Matt Egan, CNN New York (CNN) — US stocks mostly fell after an extremely volatile day Monday — tumbling, surging and then bouncing around in every direction, as traders searched for any sign that President Donald Trump’s tariffs could be negotiated or halted. Markets around the world had