President Donald Trump sent letters to countries on Monday telling them what rates their goods will be tariffed at if they don't quickly make trade deals with the United States.
Jacquelyn Martin/AP
Trump announces a 25% tariff on Japan and South Korea
The S&P 500 has notched four record highs since June 27.
Michael Nagle/Bloomberg/Getty Images
Stocks tumble after Trump announces 25% tariffs on Japan and South Korea starting August 1
Tesla CEO Elon Musk speaks to reporters alongside President Donald Trump in the Oval Office of the White House in May 2025 in Washington, DC.
Kevin Dietsch/Getty Images
Tesla stock tanks after Trump dismisses Musk’s new political party plan and calls him ‘off the rails’
There are 347 foreign trade zones, or FTZs, across the United States, originally designed to help keep companies competitive during the Great Depression.
Charles Mostoller/Bloomberg/Getty Images
There are hundreds of temporary tariff-free zones — and they’re in the US
SUQIAN, CHINA - MARCH 27: In this photo illustration, the logo of TikTok is displayed on a smartphone screen on March 27, 2025 in Suqian, Jiangsu Province of China. US President Donald Trump announced on April 4 that he will again postpone enforcement of the TikTok sale-or-ban law for 75 days. (Photo by VCG/VCG via AP )
VCG/AP
China sidesteps question on TikTok after Trump says close to deal
A cargo ship fully loaded with foreign trade containers leaves the port of Qingdao in Qingdao City, Shandong Province, China.
Costfoto/NurPhoto/Getty Images
Tariffs, explained: What Trump wants from all these trade deals
Scott Bessent, US secretary of the treasury, speaks to members of the media after a Senate Republican policy luncheon at the US Capitol in Washington, DC, US, on Friday, June 27, 2025. President Donald Trump amped up pressure on Congress to speed the passage of his tax-cut bill as Republicans reached a tentative deal on the state and local tax deduction, one of the key sticking points in the negotiations.
Graeme Sloan/Bloomberg/Getty Images
Trump threatens new tariffs on nations supporting ‘anti-American’ policies of BRICS group
L to R: Luna Blaise and the T-Rex in JURASSIC WORLD REBIRTH, directed by Gareth Edwards
Universal Pictures and Amblin Entertainment
‘Jurassic World Rebirth’ roars to top of the box office
Charts that show America's “reciprocal tariffs” on display in the press briefing room at the White House on April 2 in Washington, DC.
Alex Wong/Getty Images
Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion
The Detroit Jobs Corps Center, one of three in Michigan and 99 nationwide ordered closed by the Trump Administration. The residential Job Corps training program helps low-income youth finish high school and get jobs.
Jim West/UCG/Universal Images Group/Getty Images
Trump wants more skilled tradespeople. His Labor Department is trying to cut off a pipeline of workers
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Trump says he is about to raise tariffs as high as 70% on some countries
Why Tesla’s Cybertruck has been such a flop
Timeline: What to know about Trump’s global tariff rollout
Why Black unemployment just rose to its highest level since January 2022
Zohran Mamdani has big housing plans. Here’s what stands in the way
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Why the GOP doesn’t want you biking to work but will spend millions on a ‘heroes’ sculpture garden
Here’s who stands to gain from the ‘big, beautiful bill.’ And who may struggle
US lifts chip design software curbs against China following London trade talks
How Nathan’s Famous turned competitive eating into a national spectacle
After settling with Trump, CBS News staffers fear what comes next
Dow approaches new record and S&P hits all-time high after stronger-than-expected jobs data

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CNN
Video Strait of Hormuz in the spotlight 4:06
<p>Jordan is securing new sources of investment to drive economic growth. CNN’s Eleni Giokos speaks to the Jordanian Minister of Investment to explore how he plans to strengthen investor confidence to shape its economic future.</p>
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Video How Jordan is future-proofing its economy 5:28
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Video Meat consumption levels are unsustainable. Here’s a simple change that can help 2:59
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CNN
Video Mexicans protest Americans moving into their neighborhoods 2:34

In case you missed it

Cars drive on the FDR drive on April 30, 2025 in New York City.
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Fourth of July gas hasn’t been this cheap since 2021
Elon Musk just made his starkest political threat since the election
Trump threatens Japan with new tariffs, claiming it won’t buy America’s rice
Trump and Paramount say they’re in ‘advanced’ settlement talks over ‘60 Minutes’ edit
A Luckin Coffee location China. Monday marks the first day it's expanding to the US.
CFOTO/Future Publishing/Getty Images
Watch out, Starbucks: China’s biggest coffee chain opens its first US locations
Warren Buffett donates record $6 billion Berkshire shares
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Success

The IRS tax-filing deadline is tonight at 11:59 pm local time. If you're still trying to get your return in under the wire, having all your tax documents in order can make that easier. But if that's not possible, at least file for an automatic extension and pay whatever else you owe the IRS for 2024 by Tuesday night.
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It’s Tax Day. Still haven’t filed? Tips on how to get an extension and more
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Not using these job interview tips can reduce your chances of getting that job
When the Federal Reserve starts cutting its overnight lending rate, it will affect the interest rates on your debts and your savings. But in some cases, those effects — positive or negative — may not be as large as you think.
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Smart moves to make when the Fed starts cutting rates
Roughly 55 million people worldwide are living with dementia today, a number that is expected to rise to 139 million by 2050, according to the World Health Organization and Alzheimer's Disease International.
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Early signs of dementia can show in your finances

Tech

The Charcter.AI app on a smartphone arranged in the Brooklyn borough of New York, US, on Wednesday, July 12, 2023.
Gabby Jones/Bloomberg/Getty Images
Here’s how Character.AI’s new CEO plans to address fears around kids’ use of chatbots
Travis Tanner says his conversations with ChatGPT led him to a "spiritual awakening." Experts worry about AI users forming deep relationships with chatbots.
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This man says ChatGPT sparked a ‘spiritual awakening.’ His wife says it threatens their marriage
Microsoft Copilot + PC signage inside a Best Buy store on Black Friday in Pinole, California, US, on Friday, Nov. 29, 2024.
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Microsoft to lay off around 9,000 workers in its largest cuts since 2023
The Senate voted to remove a provision of the domestic policy bill that would have put a moratorium on AI regulation.
Nathan Howard/Reuters
US Senate votes to strike controversial AI regulation moratorium from Trump agenda bill

Media

UNIVERSAL CITY, CA - SEPTEMBER 09: Dr Phil visits "Extra" at Universal Studios Hollywood on September 9, 2015 in Universal City, California. (Photo by Noel Vasquez/Getty Images)
Noel Vasquez/Getty Images
Dr. Phil’s year-old cable network files for bankruptcy, accusing broadcast partner of reneging on obligations
CBS News’ parent company, Paramount Global, settled a defamation lawsuit from President Trump, which legal experts overwhelmingly believed to “frivolous and dangerous.”
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Paramount settles Trump’s ‘60 Minutes’ lawsuit with $16 million payout and no apology
Mario Guevara was recently identified by the US Press Freedom Tracker as the only journalist in custody in the United States.
Mario Guevara/Facebook
Judge orders the release of Salvadoran journalist Mario Guevara on bail
People watch movies in a newly reopened AMC River East theater on Aug, 20, 2020, in Chicago. (E. Jason Wambsgans/Chicago Tribune/Tribune News Service via Getty Images)
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AMC Theaters will start placing even more ads in cinemas nationwide starting today
Artist rendering of the Lunar Outpost Mobile Autonomous Prospecting Platform (MAPP) rover with Nokia antennas extended. The images, data and telemetry collected by MAPP will be sent back to the Nova-C lander over the Nokia 4G/LTE network and then relayed to Earth. Mission controllers in Colorado will issue commands to the rover over the same connection.
Intuitive Machines and Nokia Bell Labs
Streaming and texting on the Moon: Nokia and NASA are taking 4G into space
The electric car revolution is on track, says IEA
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Top soccer clubs are using an AI-powered app to scout future stars
A customer views a new Chevrolet Traverse vehicle for sale at a Chevrolet dealership in Miami, Florida in early April. Despite tariffs raising the cost to build or import vehicles sold at American dealerships, average car prices have stayed mostly unchanged so far this year.
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Despite two months of tariffs, car prices aren’t going up. Is now the time to buy?
Wall Street is making some seriously weird trades
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