President Trump says Apple CEO Tim Cook is the only tech executive who actually calls him directly

President Trump says Apple CEO Tim Cook is the only tech executive who actually calls him directly

President Trump speaks with Apple CEO Tim Cook because he calls him personally rather than hiring consultants to do so, Trump told reporters on Wednesday. Trump also referenced the recent conversation he had with Cook about how the tariffs on...

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Trade War Escalation Nudges U.S. Closer to Recession: Reuters Poll

Trade War Escalation Nudges U.S. Closer to Recession: Reuters Poll

The recent escalation in the U.S.-China trade war has brought forward the next U.S. recession, according to a majority of economists polled by Reuters who now expect the Federal Reserve to cut rates again in September and once more next year...

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Trump ratchets up US-China trade war with new tariffs

Trump ratchets up US-China trade war with new tariffs

President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to U.S. duties after setbacks in negotiations with Beijing. The new tariff...

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Trump administration is drafting plan to allow US consumers to import drugs from Canada

Trump administration is drafting plan to allow US consumers to import drugs from Canada

Trump is working on a proposal that would allow the U.S. to import drugs from Canada, HHS Secretary Alex Azar says. “Working on a plan on how we can import drugs safely and effectively from Canada so the American people get the benefit of the...

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Trump says he expects Apple to announce it will build plant in Texas

Trump says he expects Apple to announce it will build plant in Texas

U.S. President Donald Trump said on Friday he wanted Apple Inc <AAPL.O> to build its plants in the United States and expects the technology firm to announce it will build one in Texas. Trump made the comment to reporters at the White House...

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Drug makers met with Trump to argue against Senate pricing bill

Drug makers met with Trump to argue against Senate pricing bill

The main pharmaceutical industry lobbying group said on Thursday it and some drugmakers met with President Donald Trump to voice opposition to a bipartisan U.S. Senate bill that aims to lower prescription drug prices. The White House, which has...

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Trump EPA allows use of controversial pesticide

Trump EPA allows use of controversial pesticide

The Environmental Protection Agency(EPA) on Thursday said it will not ban the use of the pesticide chlorpyrifos, which has been linked to health issues in children, from use on U.S.-grown fruits and vegetables. The agency denied the petition by a...

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Trump says administration preparing an executive order on drug prices

Trump says administration preparing an executive order on drug prices

President Donald Trump said he’s preparing an executive order declaring a “favored nations clause” for drug prices. Under this system, patients in the U.S. would pay no more than the country with the lowest prescription drug prices. The SPDR...

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Trump: People are leaving New York ‘like never before’

Trump: People are leaving New York ‘like never before’

President Donald Trump tweeted Tuesday that people are moving out of New York “like never before” — but the reality of population changes in the president’s home state is more complicated. In a series of tweets Tuesday, Trump...

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China Says Existing U.S. Tariffs Must Be Removed for a Trade Deal

China Says Existing U.S. Tariffs Must Be Removed for a Trade Deal

Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday. The leaders of the two countries agreed last weekend to relaunch trade talks that had...

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U.S., China Agree Tentative Trade Truce Ahead of G20 Summit: SCMP

U.S., China Agree Tentative Trade Truce Ahead of G20 Summit: SCMP

THE UNITED States and China have agreed to a tentative truce in their trade dispute ahead of a meeting between leaders of the two nations at the G20 summit this weekend, the South China Morning Post reported on Thursday, citing sources. Details...

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