The government is preparing to slap heavy taxes on foreign drug companies that refuse to cut prices in America. These taxes could double the cost of imported medicines starting this week. The move aims to push drugmakers to build more factories in the U. S. and keep prices low. Big names like Pfize
Canadian trade officials are pushing hard to finish a free‑trade agreement with the Mercosur group by this fall. The country wants to speed up talks, aiming for meetings every six weeks or so, according to the minister of international trade speaking at a WTO event in Cameroon. He has already held t
Canada's Prime Minister Mark Carney is set to visit India soon. This trip is part of a bigger plan to boost trade between the two countries. The visit is scheduled for early March, with Carney likely spending March 1-2 in New Delhi. Carney's visit comes at a time when Canada is looking to expand it
The US and Taiwan have just made a big trade deal. This deal makes things cheaper to buy and sell between the two places. Taiwan will cut down on taxes for almost all US goods. They will also buy a lot more stuff from the US. This includes things like gas, airplanes, and power equipment. The deal i
Europe and the U. S. are deeply connected. Every day, Europeans use American tech, energy, and investments. At the same time, Americans rely on European products like software, wine, and medicines. This huge exchange of goods and services adds up to over $5. 4 billion daily. It shows how much both s
Lawmakers in the European Union have decided to pause a big trade agreement with South American countries. They want the top court to check if the deal follows EU rules. The vote was close, with 334 in favor and 324 against, and a few abstentions. This deal, known as the EU-Mercosur agreement, has
Trump recently shared his thoughts on Europe's future at a big meeting. He believes Europe should change its ways to stay strong. He thinks the U. S. has some good ideas that Europe could learn from. He mentioned that Europe's current policies might be making things weaker. He pointed out issues li
The United States and Taiwan have just signed a big trade deal worth $250 billion. This isn't just about cutting tariffs on Taiwanese goods to 15%. It's about bringing high-tech jobs back to America. Taiwanese companies are planning to invest heavily in the US, especially in areas like semiconductor
China and the EU have taken a big step forward in their electric vehicle (EV) trade dispute. The European Commission has asked Chinese companies to share their plans. They want to know about future investments and how many cars they will send to Europe each year. This could help lower the high taxes
In 2025, the financial world saw some wild swings. It all started with a surprising move by President Donald Trump. He and his wife launched their own crypto tokens just before the inauguration. This was a first for a U. S. president and raised eyebrows about potential conflicts of interest. The tok
