Tom Howell Jr.

Trump says he is poised to assign tariffs, announce new trade deals

President Trump will begin to announce nation-by-nation tariff levels and trade deals on Monday, ahead of a midweek deadline, and he threatened new levies on a multicountry bloc he labeled as "anti-American."

July 7, 2025

Trump’s mission to end DEI spurs companies to retreat from woke corporate culture

President Trump's effort to dismantle diversity, equity, and inclusion programs in government is ripping through the private sector, forcing companies to scrub their websites and overhaul hiring practices or risk federal scrutiny and retribution.

July 6, 2025

U.S. added a higher-than-expected 147,000 jobs in June

Job growth was higher than expected in June, according to a federal report Thursday that showed the labor market beating milder forecasts.

July 3, 2025

Trump says trade deal clinched with Vietnam

President Trump said Wednesday he struck a trade deal with Vietnam, a key Asian trading partner that American companies rely on as an alternative to Chinese-made goods.

July 2, 2025

Stocks wobble after disappointing private-sector payroll report

U.S. stocks faced a mixed day on Wall Street after a report from processing firm ADP said hiring suddenly contracted in June, the first decrease in two years.

July 2, 2025

Bessent says U.S. nearing trade deal with India

Treasury Secretary Scott Bessent said the U.S. is "very close" to a trade deal with India as the White House juggles negotiations with multiple trading partners ahead of a fast-approaching deadline to set tariff amounts.

July 1, 2025

Fed Chair Powell: Size of Trump tariffs forced bank to pause rate cuts

Fed Chair Jerome H. Powell said Tuesday the magnitude of President Trump's April 2 "Liberation Day" tariffs forced the central bank to take its time instead of bowing to the White House and cutting interest rates sooner.

July 1, 2025

Canada caves on tech tax, eyes deal during Trump’s July trade scramble

Canada bowed to White House demands and decided not to collect a tax on U.S. tech companies as planned Monday, a sign that President Trump's hardball tactics are paying off as he cajoles dozens of trading partners to strike deals or face stiff tariffs on goods they send to U.S. markets.

June 30, 2025

Canada rescinds digital services tax after Trump’s trade threat

Canada says it plans to rescind a digital services tax that would have hit U.S. tech companies.

June 30, 2025

Trump cancels trade talks with Canada over digital tax

President Trump said he is cutting off trade talks with Canada because Ottawa is imposing a digital services tax on U.S. tech companies.

June 27, 2025

Trump ready to assign tariff levels ahead of July deadline

President Trump says he's optimistic about a trade deal with India, but many countries will be "disappointed" because he plans to assign tariff amounts to them ahead of a July 8 deadline to strike trade deals.

June 27, 2025

China, U.S. signal steps to implement trade deal

The U.S. and China are taking steps to implement a London trade framework that compels the Chinese side to release rare earth minerals while the American side lifts some tech restrictions.

June 27, 2025

House Democrats to Trump: Exempt car seats, strollers and other infant products from tariffs

Rep. Ayanna Pressley and other House Democrats pushed the Trump administration on Thursday to exempt car seats and other essential infant products from recently imposed tariffs.

June 26, 2025

Japanese trade official says U.S. auto tariffs are ‘not something we can accept’

Japan's leading trade negotiator said Thursday that President Trump's 25% tariff on foreign-made cars is unacceptable

June 26, 2025

Trump cheers GOP effort to expand spectrum, the invisible highway fueling wireless networks

Senate Republicans are using President Trump's One Big Beautiful Bill Act to establish a robust pipeline of wireless spectrum, an obscure but critical part of U.S. efforts to meet consumer demand and compete with China on 6G networks and artificial intelligence.

June 25, 2025

Powell says Fed ‘can’t ignore’ inflation potential under shifting tariffs

Federal Reserve Chairman Jerome Powell told Congress on Tuesday the central bank is rebuffing President Trump's strident calls to cut interest rates because it has a responsibility to keep inflation in check in the face of tariff-related price increases.

June 24, 2025