Liberation or decimation? While the 47th President of the United States is often seen as mercurial in his decision-making and penchant for threats, Donald Trump made good on a promise to impose further tariffs, this time mainly reciprocal to U.S. trade partners. In the first 48 hours of the announcement, stocks plummeted, and affected countries,…
The Trump administration on Friday rejected a Biden plan that would have required Medicare and Medicaid to cover obesity drugs and expanded access for millions of people. Under the law that established Medicare’s Part D drug benefits, the program was forbidden from paying for drugs for “weight loss.” But the Biden administration’s proposal last November…
By Reuters Published April 3, 2025 Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust – but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers. Reuters U.S. President Donald Trump ramped up his trade war against the globe on Wednesday…
Alongside extensive reductions to the staff of the Centers for Disease Control and Prevention, the Trump administration has asked the agency to cut $2.9 billion of its spending on contracts, according to three federal officials with knowledge of the matter. The administration’s cost-cutting program, called the Department of Government Efficiency, asked the public health agency…
Mark Zuckerberg, the chief executive of Meta, has lobbied President Trump and his aides to resolve a federal antitrust lawsuit against his company that is set to go to trial on April 14, three people with knowledge of the matter said. Mr. Zuckerberg has made several trips to the White House and Mar-a-Lago to discuss…
The United States is ending its financial support for family planning programs in developing countries, cutting nearly 50 million women off from access to contraception. This policy change has attracted little attention amid the wholesale dismantling of American foreign aid, but it stands to have enormous implications, including more maternal deaths and an overall increase…
Hundreds of federal health workers, including doctors in senior leadership positions, began hearing early Tuesday morning that they are losing their jobs, part of a vast restructuring that will winnow down the agencies charged with regulating food and drugs, protecting Americans from disease and researching new treatments and cures. Health Secretary Robert F. Kennedy Jr….
At airports and land borders across the country, tourists and other visitors coming to the United States have reported being caught up in the Trump administration’s campaign of “enhanced vetting.” Even legal immigrants, like green card holders, and naturalized citizens have been pulled aside for additional questioning and searches. This has prompted questions about best…
Two of President Trump’s sons announced on Monday that they were investing in a new Bitcoin mining venture, an expansion of the family’s business interests in the crypto industry. Eric Trump and Donald Trump Jr. said they would join forces with the Bitcoin mining company Hut 8 to create a firm called American Bitcoin. Bitcoin…
Two Democratic former members of the Federal Trade Commission on Thursday sued President Trump over his decision to fire them from the agency, accusing him of an illegal overreach of executive power. Mr. Trump fired the Democratic commissioners, Rebecca Kelly Slaughter and Alvaro Bedoya, on March 18, upending the consumer protection agency, which is typically…