Tom Howell Jr.
Articles by Tom Howell Jr.
Trump pauses reciprocal tariffs on many nations for 90 days, increases tariff on China
President Trump said Wednesday that he paused his reciprocal tariffs for 90 days, a major reversal of his "Liberation Day" plan that ignited a multifront trade war. Published April 9, 2025
U.S. trade rep says there is no effort to ‘reinvigorate’ trade with Russia
President Trump did not include Russia on his target list for reciprocal tariffs because there is little trade with Russia, and the U.S. already hit Moscow with big sanctions and levies over its invasion of Ukraine, a top trade official said Wednesday. Published April 9, 2025
Wall Street faces more chaos as China, EU retaliate on trade
Wall Street markets opened to another topsy-turvy session Wednesday as China and the EU countered President Trump's aggressive use of tariffs to rebalance trade. Published April 9, 2025
China slaps 84% tariff on U.S. goods; trade war between superpowers intensifies with no off-ramp
The trade war between the U.S. and China escalated Wednesday as Beijing slapped a tariff of 84% on American goods. Published April 9, 2025
Trump forges ahead with 104% tariff on China, no delay in reciprocal tariffs
President Trump will not pause or postpone hefty tariffs that target dozens of countries, and massive new levies on China will take effect at midnight Tuesday, the White House said, sending global markets and negotiations into uncertain territory. Published April 8, 2025
‘The situation is urgent’: Trump trade rep tells Congress tariffs will go full steam ahead
President Trump's tariff plan is a "drastic overdue change" that will pry open foreign markets for U.S. companies and create an economy that produces real goods and solid jobs for Main Street America, the U.S. trade representative told Congress on Tuesday. Published April 8, 2025
Stock markets rebound amid tariff turmoil; Trump signals he’s ready to make deals with some nations
U.S. stocks rebounded Tuesday morning as the markets adjusted to the new reality under President Trump's tariff plans and investors hoped for bilateral deals that could reduce trade barriers. Published April 8, 2025
China says it ‘will not flinch’ in trade fight with U.S.
China will fight "to the end" if the U.S. presses forward with its tariff plans and a trade war erupts, a top official said Tuesday. Published April 8, 2025
Tariffs target trade deficits, not direct duties on U.S.
President Trump's "reciprocal" tariffs are based on trade deficits rather than the tariffs imposed on U.S. goods by other countries. Published April 7, 2025
Trump threatens 100%-plus tariffs on China as trade battles intensify
President Trump threatened to impose more hefty levies on Chinese goods Monday, signaling tit-for-tat escalation with an economic superpower, while Wall Street investors puzzled over his tariff plan and sent stocks on a roller-coaster ride for a third day. Published April 7, 2025
Parents demand Congress finish the job on the fentanyl-scheduling bill
Grieving parents are urging Capitol Hill leaders to put the final stamp on fentanyl-scheduling legislation that's attracted bipartisan support in both chambers but is languishing in the House. Published April 7, 2025
Trump tells China to back off retaliatory tariffs, warns of higher levies
President Trump on Monday warned China to back off its retaliatory tariffs or face even more massive levies on its goods. Published April 7, 2025
Down, up and down again: Wall Street sees tumultuous third day of trading over tariff plan
Wall Street entered a third day of roller-coasting trading following President Trump's decision to impose massive reciprocal tariffs over trade imbalances and his weekend refusal to back off the plan. Published April 7, 2025
Global stock markets convulse over Trump tariff turmoil; U.S. stocks open in bear market
Global stock markets sank lower Monday because of the turbulence around President Trump's tariff plan, as world leaders toggled between defying the White House's actions and signaling they are willing to negotiate with the U.S. Published April 7, 2025
Trump White House stands by tariffs in the face of global pushback
White House officials said Sunday that President Trump will not pause the new tariffs his administration imposed on imports as part of his push to reshape global trade. Published April 6, 2025
Trump sees progress with Vietnam, carmakers as tariff plan takes hold
China added a 34% tariff on U.S. goods, and markets plummeted again Friday, but Vietnam had a "very productive call" with President Trump about lowering its trade barriers as the second-day fallout from his global trade crackdown unfolded. Published April 4, 2025
Trump says he had positive call with Vietnam, a supply-chain alternative to China
Turns out, President Trump might be willing to wheel and deal on trade restrictions despite the White House's assertion that the tariff plan is not a negotiating tactic. Published April 4, 2025
Former Goldman CEO says Trump should delay reciprocal tariffs
Former Goldman Sachs CEO Lloyd Blankfein says President Trump should delay the reciprocal tariffs on select nations while keeping the baseline 10% tariff on all nations. Published April 4, 2025
The pushback begins: China imposes 34% tariff on U.S. goods
China is slapping a 34% tariff on goods it imports from the U.S. in direct retaliation for President Trump's sweeping trade crackdown. Published April 4, 2025
White House defends tariff plan amid global leaders’ uproar, Wall Street crash
Wall Street stocks cratered and global leaders on Thursday condemned President Trump's new tariffs as "brutal and unfounded" as the White House stood behind its plan to tax imports across the board. Published April 3, 2025
