Tom Howell Jr.

Treasury Secretary Bessent says onus is on China to de-escalate trade war

Treasury Secretary Scott Bessent said Monday it is "up to China" to de-escalate President Trump's trade war with Beijing, pointing to its export-heavy economy.

April 28, 2025

Trump endorses himself in Canada’s national election

President Trump wished Canada "good luck" in its major election on Monday and made an endorsement -- himself.

April 28, 2025

Beijing says Chinese President Xi didn’t call Trump

The Chinese Foreign Ministry said Monday that President Xi Jinping has not called President Trump about trade.

April 28, 2025

Trump says China-U.S. trade talks are happening; Beijing disputes that

President Trump on Thursday said trade negotiations are unfolding between the U.S. and China but refused to say who was involved, adding to confusion around the tariff spat after Beijing said no such talks are underway.

April 24, 2025

China says trade talks with U.S. haven’t started

China on Thursday said there haven't been any trade talks between its side and the U.S., pushing back on comments from the Trump administration that signaled a possible thaw in the trade war.

April 24, 2025

Bessent, Trump talk up trade deal with China, cheering markets

Treasury Secretary Scott Bessent on Wednesday said the U.S. and China can reach a "big deal" if Beijing is serious about rebalancing its economy toward satisfying domestic demand instead of flooding the world with cheap goods.

April 23, 2025

Bessent says U.S. won’t retreat from world, eyes ‘big deal’ with China

Treasury Secretary Scott Bessent on Wednesday promoted President Trump's tariff plan as an overdue mission to make global trade fairer and combat China's flood of cheap exports.

April 23, 2025

Wall Street rallies on Trump’s softer approach to Powell, China

Wall Street rallied Wednesday after President Trump softened his rhetoric on Fed Chairman Jerome Powell and China.

April 23, 2025

White House claims ‘a lot of progress’ on trade as IMF cuts growth forecast

The White House on Tuesday said it's making "a lot of progress" in reducing trade barriers through bilateral deals with nations, pointing to over a dozen written proposals and a recent breakthrough with India.

April 22, 2025

Trump to make two-day trip to Rome for funeral of Pope Francis

President Trump will depart Washington on Friday morning to attend Pope Francis' funeral in Rome over the weekend, the White House confirmed Tuesday.

April 22, 2025

IMF downgrades growth forecast for U.S., pointing to ‘negative shock’ from tariffs

The International Monetary Fund slashed its 2025 growth forecast for the U.S. economy to 1.8%, a 0.9-point decrease from January, spurred by President Trump's trade actions and policy uncertainty.

April 22, 2025

Vance says trade upheaval will pay off for U.S., partner nations like India

President Trump's effort to rebalance global trade will cause "profound changes" but will ultimately produce "great benefits" for Americans and partner nations such as India, Vice President J.D. Vance said Tuesday.

April 22, 2025

Trump ramps up attacks on Powell while China flexes, markets fall again

Wall Street markets cratered again Monday as investors reacted to President Trump's decision to dial up attacks on Federal Reserve Chairman Jerome H. Powell, even dubbing him a "major loser," and trade talks faced an uncertain path to success.

April 21, 2025

VP Vance, Indian Prime Minister Modi set the table for bilateral trade deal

Vice President J.D. Vance and Indian Prime Minister Narendra Modi used a personal meeting Monday to finalize a roadmap for a future bilateral trade deal between their countries.

April 21, 2025

Trump ramps up attacks on Fed chair as ‘major loser,’ stocks fall again

President Trump escalated his attacks on Federal Reserve Chairman Jerome Powell Monday, dubbing him a "major loser" who is dragging his feet on lowering interest rates.

April 21, 2025

China says it will punish countries that use U.S. trade talks to ostracize Beijing

China on Monday threatened to retaliate against any nation that agreed to isolate Beijing as part of trade negotiations with the Trump administration.

April 21, 2025

Pope Francis, who died after a cerebral stroke led to heart failure, is mourned worldwide

Pope Francis died on Easter Monday after a cerebral stroke led to heart failure, a seismic and emotional development for the Catholic Church, political leaders and culture writ large.

April 21, 2025

Trump White House launches web page on COVID-19 lab leak

The Trump White House is leaning heavily into the lab-leak theory on the origins of COVID-19 with a web page that outlines evidence of a spillover from a virology center in Wuhan, China, instead of nature.

April 18, 2025

Trump says U.S. might have to ‘take a pass’ on Ukraine-Russia peace talks

President Trump said Friday he needs to hear "very shortly" from Russia and Ukraine about whether they are ready to broker a peace deal or else the U.S. will "take a pass."

April 18, 2025

Into the woods: Trump says U.S. should rely on its own lumber

The U.S. construction market consumes at least 50 billion board feet of lumber annually, but domestic production meets only 70% of that demand. The U.S. closes the gap by importing the rest, mainly from Canada.

April 18, 2025