Big pharma stocks rise as Street reacts to latest presidential tariff plan

Big pharma stocks rise as Street reacts to latest presidential tariff plan

Shares of some big drugmakers jumped ahead of broader indexes Friday as Wall Street started sorting out President Donald Trump’s latest tariff announcement. The president said late Thursday that he would place 100% import taxes on pharmaceuticals starting Oct. 1, but those tariffs would not apply to companies building U.S. manufacturing plants. He defined that…

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China tightens rules for electric vehicle exports

China tightens rules for electric vehicle exports

TAIPEI, Taiwan — China will tighten the rules for exporting electric vehicles by requiring automakers to obtain export permits from next year, the Commerce Ministry said Friday. The export licenses, required from Jan. 1, are intended to “promote the healthy development of the new energy vehicle trade,” the ministry said in a statement. The controls…

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China tightens EV export rules from 2026

China tightens EV export rules from 2026

TAIPEI, Taiwan (AP) — China will tighten the rules for exporting electric vehicles by requiring automakers to obtain export permits from next year, the Commerce Ministry said Friday. The export licenses, required from Jan. 1, are intended to “promote the healthy development of the new energy vehicle trade,” the ministry said in a statement. The…

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Bessent will meet Chinese officials in Spain for trade and TikTok talks

China sanctions 6 U.S. companies as trade frictions continue

BEIJING — China announced sanctions on six U.S. companies on Thursday as frictions continue to escalate in the countries’ trade relations despite a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. Three U.S. companies have been added to China’s “unreliable entity list,” effectively banning them from trade with China, according…

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Argentinian President Javier Milei hails Trump, slams left at UNGA | Donald Trump

Argentinian President Javier Milei hails Trump, slams left at UNGA | Donald Trump

NewsFeed At the 80th UNGA, Argentina’s President Javier Milei — a key Trump ally in Latin America — praised Trump’s tariffs and immigration crackdowns while attacking “left-wing infiltration” of US institutions, warning America’s decline would spark a “global disaster.” Published On 24 Sep 202524 Sep 2025 Click here to share on social media share2 Share…

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