Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make medicine affordable. But that could soon change. For months, President Trump has been promising to impose higher tariffs on pharmaceuticals as part of his plan to reorder the global trading system and bring key…
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten…
After more than a week of ratcheting up tariffs on products imported from China, the Trump administration issued a rule late Friday that spared smartphones, computers, semiconductors and other electronics from some of the fees, in a significant break for tech companies like Apple and Dell and the prices of iPhones and other consumer electronics….
For months, Nintendo, the maker of famed video game series like Super Mario Bros. and Donkey Kong, had expected the morning of April 2 to be a celebration. To much fanfare, the company announced the price and release date for the Switch 2, its new video game console eight years in the making. At an…
Every waiter knows the type: the volatile diner who barges in with a list of demands, orders an off-the-menu item that sends the kitchen into a panic and then at the last minute changes his mind and decides he’ll just have the steak. So if anybody knows how to handle President Trump’s stunning reversal on…
For years, I’ve had no trouble finding distinctive, expressive wines that cost under $20 a bottle. (I share these selections in a seasonal 20 Under $20 article.) But this sweet spot is disappearing. Though President Trump announced a 90-day pause in enforcing retaliatory tariffs of 20 percent on all imports from the European Union along…
French wine producers have typically had a love-love relationship with the United States, their biggest export market. But President Trump’s threat to impose 200 percent tariffs on European wine, Champagne and spirits sent shudders through grand châteaus and small vineyards across the country. “A 200 percent tax on European wines and spirits would mean an…
