Trump, Executive Order and Drug
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Trump, producer price index
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Walmart Chief Financial Officer John David Rainey said in an interview with CNBC that Trump’s tariffs on most imports into the U.S. are still “too high” despite the administration cutting the levy on goods from China earlier this week. He warned consumers will begin to see higher prices on products by the end of the month, according to CNBC.
17hon MSN
This is misleading. Prices for most prescription drugs — unbranded generics are the exception — are higher in the U.S. than they are in other high-income countries.
Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the black gold may explain why the trip went so smoothly.
For months, President Donald Trump has falsely claimed that egg prices are tumbling. It wasn’t true then, but it’s true now.
As in negotiations with foreign nations, minor concessions by drug companies are more likely than a true overhaul.
The analysts concluded that Trump appears to prefer West Texas Intermediate oil in the $40 to $50 a barrel range — well under today's $63 a barrel.
The Trump administration has made moves to ease tariff tensions with China but new reports indicate that prices, including for cars, are on the rise.
U.S. stocks climbed Monday after Treasury Secretary Bessent touted substantial progress on talks with the Chinese setting up a busy week of trade talks as President Trump heads to the Middle East. In economic and earnings news,