Oil prices settled at six-week highs on Wednesday after the U.S. struck Iran for the 11th night in a row and President Donald Trump warned that the U.S. will bomb Iranian bridges and power plants if Tehran fires on ships in the Strait of Hormuz.
Trump plans 100% tariffs on imported generic drugs. Here's what experts say. CBS NewsTrump says he will impose tariffs on generic drugs starting in August 2028 PoliticoOpinion | Trump's generic drug tariffs will drive up pharmaceutical prices The Washington PostShares in Generic-Drug Makers Fall After Trump's Tariff Plan WSJ
Live updates: Trump vows to hit Iranian bridge or power plant each time Tehran strikes ships in Strait of Hormuz CNNIran War Live Updates: Trump Threatens to Hit Bridges and Power Plants if Iran Strikes in Strait The New York TimesTrump says U.S. will destroy a bridge or power plant for each Iranian attack in the Strait of Hormuz PBSTrump threatens Iranian infrastructure after Houthis block Red Sea artery Reuters
The Trump administration will push for a broad reset of "outdated tariff determinations" at the World Trade Organization to fix what it sees as years of unfair treatment of the United States, a top trade official told U.S. lawmakers on Wednesday.
