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Trump trade deals, Bill Gates on Elon Musk’s DOGE, Newark airport melts down


Image for article titled Trump makes a deal, Bill Gates on Elon Musk's DOGE, and an airport melts down: Business news roundup

Photo: Christopher Furlong (Getty Images)

President Donald Trump’s sweeping tariffs are headed to the medicine aisle next.

On Monday, Trump announced his plans to place tariffs on pharmaceutical imports “within the next two weeks,” signing an executive order designed to boost drug companies’ manufacturing in the U.S. While the exact tariff rates haven’t yet been specified, the president has suggested they could be as high as 200%.

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