The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.
Category: International Trade and World Market
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U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?
Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing.
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Asia Stocks Rise on Hope for Lower Tariffs After U.S.-China Talks
Investors were optimistic after American officials touted progress in trade negotiations over the weekend, though details had yet to be released.
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A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars
Companies squeezed by Shein and Temu are welcoming the end of a shipping rule that bolstered the Chinese e-commerce giants. But broader tariff concerns are outweighing any optimism.
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U.S. and China Will Meet for Second Day of Trade Talks
Top officials are scheduled to conclude their weekend of trade negotiations in Geneva on Sunday.
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Why America’s ‘Beautiful Beef’ Is a Trade War Sore Point for Europe
European officials call food safety standards a “red line,” as Trump administration officials criticize rules that keep American beef and other meats off grocery shelves.
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‘Don’t Need a Deal.’ Top Trump Economic Adviser Is All in on His China Hardball
In a wide-ranging interview, Stephen Miran, the president of the chair of President Trump’s Council of Economic Advisers, said “volatility doesn’t necessarily mean anything greater for the long term.”
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US and China Meet for First Time Since Trump Imposed Tariffs
The outcome of the trade negotiations could determine the trajectory of the global economy.
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With US Trade Deal, UK Steel Industry Feels Some Much Needed Relief
The agreement to lift the 25 percent duty on steel exported to the United States provided some relief for struggling businesses, but uncertainties for the industry remain.
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Chinese Factories Are Moving Manufacturing to Vietnam to Escape Trumps Tariffs
A movement of manufacturing to Vietnam that began in President Trump’s first term is accelerating as sky-high U.S. tariffs block Chinese exports.
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U.S. Starts Investigation Into Imported Planes and Parts
The Trump administration could use the investigation to impose new tariffs on imported planes, jet engines and other aerospace parts.
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A CEO’s Guide to Surviving Trump’s Trade War
Randy Carr, whose family business makes embroidered patches, is always on high alert for the competition. But with on-again-off-again tariffs, he’s just trying to keep up with the rules.