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Washington — The Trump administration announced Friday that it has reached a landmark agreement with AstraZeneca to lower the cost of prescription drugs in the United States, expanding the administration’s push to pressure pharmaceutical companies into offering “most-favored nation” pricing. The deal mirrors a similar pact reached with Pfizer last month and marks another major…
China has announced new export restrictions on rare earth elements and other critical materials used in advanced technologies, escalating tensions with the United States just weeks before a planned meeting between President Xi Jinping and Donald Trump. Beijing, which dominates the global supply of rare earths — processing about 90% of the world’s output —…
Switzerland is facing an escalating trade crisis with the United States, after President Donald Trump imposed a 39% tariff on Swiss goods — one of the steepest in the world — leaving the country’s exporters reeling and talks for relief at a standstill. While the UK and the European Union have managed to secure tariff…
The United States has stepped in to support Argentina’s struggling economy, purchasing Argentine pesos as part of a $20 billion financial rescue package aimed at stabilizing the South American nation’s currency and markets. The plan, confirmed by US Treasury Secretary Scott Bessent, marks a bold and politically charged effort to shore up Argentina’s economy ahead…
President Donald Trump announced that starting November 1, 2025, all medium- and heavy-duty trucks imported into the U.S. will be subject to a 25% tariff. This marks a bold escalation of his protectionist trade agenda, intended to shield U.S. truck makers from foreign competition. His prior plan to impose the tariff in early October was…
A commemorative $1 coin featuring President Donald Trump’s portrait may be issued by the US Mint in 2026 to mark America’s 250th anniversary, according to draft images confirmed by the US Treasury. US Treasurer Brandon Beach verified the designs in a post on X, saying, “No fake news here. These first drafts honoring America’s 250th…
WASHINGTON — Pfizer and President Donald Trump unveiled a landmark agreement on September 30 aimed at bringing down U.S. prescription drug costs, especially for low-income Americans. In exchange for tariff relief, Pfizer has committed to implementing price cuts and policy changes tied to Medicaid and new drug launches. Under the deal, Pfizer will reduce prices…
Washington, D.C. — President Donald Trump signed an executive order on September 25, 2025, formally approving a deal to keep TikTok operating in the U.S. while shifting control of its U.S. business to American investors. The move averts a threatened national ban tied to concerns over the app’s Chinese parent company, ByteDance. Under the new…
