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Apple (AAPL.O) on Tuesday opened its annual showcase, where it is expected to reveal a new range of iPhones, including a slimmer “Air” model that ...
U.S. President Donald Trump said that pharmaceutical imports could face tariffs of up to 200%, with details expected by the end of July following an ongoing national security review.
Speaking at a Cabinet meeting at The White House on Tuesday, Trump said drugmakers would have a year to shift supply chains before facing steep tariffs.
“If they have to bring the pharmaceuticals into the country … they’re going to be tariffed at a very, very high rate, like 200%,” he said.
Trump also indicated new levies on imported semiconductors and other goods were being prepared, without giving precise timelines. A new tariff rate on copper was also announced during the meeting.
Commerce Secretary Howard Lutnick later told CNBC that final decisions on pharmaceutical and semiconductor tariffs would come once ongoing studies conclude later this month. “The president will then set his policies,” he said.
The administration launched a formal investigation into pharmaceutical supply chains in April, arguing that foreign reliance on medicine production poses a national security threat. The Commerce Department is leading the review but has not yet released its findings.
The proposal, if enacted, would represent a significant shift in U.S. trade policy on health products and comes amid wider efforts to increase domestic manufacturing across strategic industries.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
French President Emmanuel Macron is searching for his fifth prime minister in less than two years after opposition parties combined to oust centre-right leader François Bayrou over his unpopular budget-cutting plans.
Israeli Army has confirmed it carried out precision attacks against top leadership of Hamas in Doha on Tuesday. It made this known in a post on its X account.
François Bayrou formally submitted his resignation as France’s prime minister to President Emmanuel Macron on Tuesday, a day after losing a confidence vote in the National Assembly, the government website confirmed
For decades, asteroid mining has been the stuff of science fiction. But with private start-ups sending spacecraft into deep space and investors calling it the next trillion-dollar industry, the idea of extracting metals and minerals from space rocks is edging closer to reality.
Judges at the International Criminal Court (ICC) on Tuesday opened hearings to confirm charges against fugitive Ugandan warlord Joseph Kony.
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