Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Posted inBanking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates Regulation and Deregulation of Industry United States Economy United States Politics and Government

Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth

Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
Posted inAntibiotics Customs (Tariff) Drugs (Pharmaceuticals) Factories and Manufacturing Food and Drug Administration Generic Brands and Products International Trade and World Market Medical Devices Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Shortages Trump, Donald J United States Politics and Government

Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals

President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.
E.U. Prepares Major Penalties Against Elon Musk’s X
Posted inComputers and the Internet European Union Freedom of Speech and Expression International Relations Musk, Elon Regulation and Deregulation of Industry Rumors and Misinformation Social Media Trump, Donald J United States International Relations United States Politics and Government X (Formerly Twitter)

E.U. Prepares Major Penalties Against Elon Musk’s X

European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.
FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Posted inAvian Influenza Drugs (Pharmaceuticals) Food Food and Drug Administration Food Contamination and Poisoning Generic Brands and Products Kennedy, Robert F Jr Laboratories and Scientific Equipment Layoffs and Job Reductions Makary, Marty Medicine and Health Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Research Trump, Donald J United States Politics and Government

FDA Layoffs Could Raise Drug Costs and Erode Food Safety

Trump cutbacks were supposedly aimed at administrators. But scientists in food and drug-testing labs and policy experts who advance generic drug approvals were also dismissed.