Big Pharma’s China gamble

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The US has relaxed sanctions on Venezuela’s state-owned oil group Petróleos de Venezuela and the Federal Reserve has stuck with plans to cut rates later this year. Plus, Walmart won patents to give algorithms more sway over prices and fears of an immediate escalation in the confl ...  Show more

Today, we look at what could be the start of a trade war between the US and China. After postponing tariffs on Canada and Mexico, President Trump has introduced a 10% tax on all goods imports from China. Early this morning Beijing announced it would impose a retaliatory 10% levy, ...  Show more

First: Investors think President Trump may be backing down on his trade war with China. So does Beijing. You won't believe what's trending on Chinese social media today.  Plus: How much longer will the GOP stand by embattled Defense Secretary Pete Hegseth? Dana speaks with the t ...  Show more

U.S. President Donald Trump touted the relentless start to his term as evidence that "America is back" in a marathon speech to Congress. Canadian Prime Minister Justin Trudeau hits back against Trump’s "dumb" trade war, slapping retaliatory tariffs on American goods. And China un ...  Show more

Over the past week, President Trump avoided a trade war with Canada and Mexico. But he escalated a trade war with China.

His reasoning? China has become more powerful in domestic manufacturing than the United States, Japan, Germany, South Korea and Britain combined.