Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
It Is Happening Every Day, Every Where
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.
The president’s top advisers acknowledged President Trump’s sweeping tariffs could raise prices but said an economic adjustment that would ultimately benefit American workers was overdue.
While Joe Biden was vice president, his son used the letterhead of a Ukrainian energy company when writing to a U.S. ambassador with ties to the family.
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
Elon Musk’s role in the White House allows him to cancel contracts and influence policy, potentially benefiting his companies. Supporters say he has the best technology.
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.
President Trump has offered a confusing mix of reasons for upending global trade relations, leaving America’s biggest trading partners baffled and angry.