Trump 200% pharma tariffs threaten to push up drug prices, hit margins

Trump 200% pharma tariffs threaten to push up drug prices, hit margins

Shelf of pharmaceutical products. D3sign | Moment | Getty Images The pharmaceutical industry is scrambling with scenario planning as U.S. President Donald Trump’s 200% tariff proposal threatens to drive up drug prices and rip out corporate profit margins. The president once again warned on Tuesday that long-awaited industry-wide tariffs would be announced “very soon” after…

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Trump ends all U.S. trade talks with Canada over digital services tax

Trump ends all U.S. trade talks with Canada over digital services tax

President Donald Trump on Friday said the United States is immediately “terminating ALL discussions on Trade with Canada” in response to Ottawa’s decision to impose a digital services tax on American tech firms. Trump’s surprise announcement on Truth Social accused Canada of “copying the European Union” with the “egregious” tax. “We will let Canada know…

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Europe is trying to woo Southeast Asia — but it won’t win it over the U.S. or China

Europe is trying to woo Southeast Asia — but it won’t win it over the U.S. or China

France’s President Emmanuel Macron gives the keynote address at the Shangri-La Dialogue Summit in Singapore on May 30, 2025. Ludovic Marin | Afp | Getty Images European leaders are looking to Southeast Asia with renewed interest amid Washington’s aggressive tariff agenda, but experts warn that the state of regional trade ties makes it challenging to…

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