Massive New Tariffs: How Trump’s Latest Duties Hit Drugs, Trucks, and Furniture
President Trump is hitting imports with massive new tariffs starting October 1st, targeting branded drugs (100%), heavy trucks (25%), and furniture.
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The 1:1 Chip Plan: How the US Aims to Boost Homegrown Tech
The US 1:1 Chip Plan forces companies to match imported chips with US production (1:1 ratio). If they fail, they face tariffs. This aims to secure national supply chains and stop relying on vulnerable overseas manufacturing, like Taiwan, for essential products.
Trump Administration Seeks Stake in Lithium Americas
The U.S. government wants up to 10% ownership in Lithium Americas' Thacker Pass mine, vital for U.S. electric vehicle (EV) batteries. This demand is tied to a $2.26B loan and aims to boost domestic supply to cut reliance on China.
Big Boeing Deals: China's 'Huge' Order in Final Stages and Uzbekistan Announces Largest Purchase in History
Boeing is making major sales. China is about to order up to 500 planes as U.S. trade tensions ease. Separately, Uzbekistan Airways bought 14 huge Dreamliners with options for eight more (worth over $8 billion) to expand its international routes, including to the U.S.
Trump Administration Links Tylenol to Autism Risk
Trump officials will warn pregnant women that Tylenol (acetaminophen) may cause autism and suggest a drug called leucovorin for treatment. Tylenol's maker and many doctors reject this claim, citing over a decade of research showing no credible link.
Major Overhaul Planned for H-1B Visas, Including a $100,000 Fee
President Trump is moving to dramatically change the H-1B visa program with a new, massive application fee and revised wage rules. These changes are aimed at curbing visa overuse and protecting American jobs.