Generic drugmakers and hospital pharmacists warn that added financial pressure from tariffs could strain the nation's generic drug supplies.

President Trump's trade war would put a brake on global economic growth and stoke inflation, according to new forecasts by the Organization for Economic Co-operation and Development. Why it matters: The OECD sees a stagflationary economic scenario for the U.

President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.

President Donald Trump has said he doesn’t intend to create exemptions from steel and aluminum tariffs and that additional sectoral, as well as reciprocal tariffs will be imposed on April 2. Speaking to reporters on board Air Force One Sunday during a flight back to the White House,

President Trump said he would speak with President Vladimir V. Putin of Russia on Tuesday about the U.S.-backed proposal for a 30-day cease-fire with Ukraine. Mr. Trump said that progress on negotiations had been made over the weekend,