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Global drugmakers rush to boost US presence as tariff threat looms
Global drugmakers are scrambling to shore up their U.S. manufacturing capacity and domestic inventory as the Trump administration weighs hefty tariffs on pharmaceutical imports into…
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EU, Japan express confidence in capped US tariffs on drugs
The European Union and Japan expressed confidence on Friday that they had secured limits on U.S. tariffs on pharmaceuticals, which President Donald Trump said he…
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Trump slaps new US tariffs on drugs, trucks and furniture
U.S. President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100% duties on branded drugs and 25% levies on heavy-duty trucks,
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India says U.S. H-1B visa fee hike could hit services exports, remittance
India on Friday said that U.S. decision to impose a one-time $100,000 fee on future H-1B visa applications - widely used by Indian IT firms…
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US consumer spending increases solidly in August
U.S. consumer spending increased slightly more than expected in August, keeping the economy on solid ground as the third quarter progressed, while inflation continued to…
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US plans 1:1 chip production rule to curb overseas reliance, WSJ reports
The U.S. is planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or…
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Trump says US will distribute aid to farmers until tariffs kick in to their benefit
President Donald Trump said on Thursday that the United States would give proceeds from tariff revenues to farmers.
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USDA plan to rebuild beef herd will not include producer payments, says farm secretary
The U.S. Department of Agriculture is developing a plan to revitalize the decimated U.S. beef herd, but will not offer payments to producers, Agriculture Secretary…
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US justice department to examine rising cost of farm inputs, says farm secretary
The U.S. Department of Justice antitrust division will work with the Department of Agriculture to look closely at the rising cost of agricultural inputs like…
US, Chinese officials to meet at Treasury for technical talks on trade, source says
U.S. and Chinese officials will meet on Thursday at the U.S. Treasury for staff-level technical talks on trade and economic issues that will not cover…