6 h. ago Trump seeks to lower US drugs prices with tariff threat to Europe

White House sets out plans for price targets and eliminating ‘middlemen’ in executive order

Events

6 h. ago White House pushes lower US drugs prices with tariff threat to Europe

Trump sets out plans for price targets and eliminating ‘middlemen’ in executive order

Events

6 h. ago Trump tells bizarre anecdote about ‘neurotic’ friend in weight loss drug rant

Donald Trump recalled a bizarre anecdote about a conversation he says he had with a "highly neurotic" friend about "the fat shot drug" as he credited the businessman with inspiring him to impose price controls on prescription medications.

Politics

7 h. ago Trump live: President asks drugmakers to voluntarily lower prices but offers no plan to enforce it

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as the new Air Force One

Politics

7 h. ago Trump says friend in UK on ‘the fat shot drug’ inspired plan for price controls and tariff threats to lower prescription costs

Trump is ordering the government to consider punishing countries that negotiate lower drug prices for their single-payer health systems

Economics

7 h. ago Trump makes historic move to slash prescription drug prices including for weight loss 'fat shots'

Donald Trump took a major action on Monday to significantly reduce the cost Americans pay for pharmaceuticals and prescription drugs.

Politics

8 h. ago Stock market goes berserk on China trade deal as S&P 500 set to wipe out Liberation Day losses: Live updates

Donald Trump is sure to send the stock market rebounding after a flurry of major announcements on Sunday. 

Economics

9 h. ago Trump live updates: President vows to cut drug prices by 59 percent through executive order

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as the new Air Force One

Politics

15 h. ago Pharmaceutical stocks slide as Trump vows to cut US prescription drug prices ‘by 30

President plans to use executive powers, saying US should pay ‘same price as nation that pays the lowest price’Donald Trump has promised to use his executive powers to cut the price of prescription drugs in the US in an attempt to bring them more in line with other countries.The US president has said he will sign an order on Monday that will reduce prescription drug and pharmaceutical prices “almost immediately” by “30% to 80%”. Continue reading...

Politics

16 h. ago 1,000 jobs in wind power, Heathrow enjoys busiest April and tributes to Kwik Fit founder

From Burberry’s profit hopes and Trump’s revived drug price pledge to a £10.9bn wind power project, a cooling UK jobs market, and tributes to Sir Tom Farmer - here are today’s top stories in UK business.

Society

19 h. ago Donald Trump seeks bromance and billions as he heads to Gulf

US president expects flurry of deals on first official foreign trip but Israel’s war in Gaza is roiling the region

Politics

23 h. ago Trump promises immediate sweeping cuts to drug prices in his ‘most important and impactful’ Truth Social post

President to sign executive order putting plan in place on Monday morning

Politics

23 h. ago Trump vows to lower drug prices in the US by up to 80 per cent

President promises to defy industry pressure and dramatically cut cost of pharmaceuticals

Politics

24 h. ago Putin’s spokesman says Moscow will ‘continue’ invasion while blaming Ukraine for not being ‘ready’ for peace

Talks tentatively set for Thursday in Turkey as Trump seeks conclusion to war he promised he could end in 24 hours

Politics

34 h. ago Puerto Rico seeks to lure manufacturing to boost its economy as Trump's tariff war deepens

A global trade war is offering Puerto Rico hope as the island attempts to strengthen its fragile economy

Economics

43 h. ago Rush of copper to US because of tariff threat creates shortages in continental Europe

Region’s spot market hit by lack of the red metal for immediate delivery, pushing up premiums on top of benchmark LME prices

Events

3 d. ago Trump to reportedly unveil Medicare drug pricing plan after teasing ‘earth

Trump’s upcoming announcement is to revive his plan to lower Medicare drug costs, CBS reports, a policy blocked during his first term and scrapped by Biden administrationThe major “earth-shattering” announcement Donald Trump teased earlier this week in the Oval Office is a “most favored nation” plan to cut Medicare drug prices, sources have told CBS News.In his first administration, Trump signed an executive order to implement a “most favored nation” clause that would have required Medicare to pay drug companies the lowest price paid in similar countries for some expensive, physician-administered drugs. The Biden administration rescinded the proposal under pressure from hospitals and drug companies.We’re going to have a very, very big announcement to make – like as big as it gets. It will be one of the most important announcements that have been made in many years about a certain subject. Continue reading...

Politics

3 d. ago Ban this foreign filth! Can cinema really threaten national security?

The US president’s plan for Hollywood is full of plot holes. But when it comes to the hidden propaganda baked into movies, he may have a pointAs always with pronouncements by President Trump, once you had peeled away the xenophobia, removed the stew of resentment, ignored the sheer idiocy and asterisked the possible illegality, there was a small kernel of truth to his posting on Truth Social last Sunday. “The Movie Industry in America is DYING a very fast death,” he wrote, pointing to the nefarious tax breaks other countries gave film-makers as “a National Security threat” and proposing an 100% tariff on films made oversees. “It is, in addition to everything else, messaging and propaganda! WE WANT MOVIES MADE IN AMERICA AGAIN!”How would a 100% tariff on films made oversees work? Just movies shot overseas? What about movies set overseas? And who would pay? How do you impose tariffs on goods without a port of entry? “Commerce is figuring it out,” said a White House official. In fact, ...

Events

7 d. ago Donald Trump declares foreign films 'national security threat' and slaps bombshell 100% tariff on imports including UK movies

Former President Donald Trump has declared the American film industry is "dying a very fast death" as he announced his administration would impose a 100% tariff on foreign-made movies

Events

8 d. ago Trump says he doesn’t know if he needs to uphold constitutional due process

President also says he sees himself as leaving office at the end of his current term and not seeking a third oneDonald Trump said “I don’t know” when asked if he needed to uphold the US constitution when it comes to giving immigrants the right of due process as he gave a wide-ranging TV interview broadcast on Sunday.At the same time the US president also said he saw himself as leaving office at the end of his current term and not seeking a third one – something he has not previously always been consistent on even though a third term is widely seen as unconstitutional. Continue reading...

Politics