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World Economy Apr 03, 2026

US Imposes Up to 100% Tariff on Patented Drugs to Secure Lower Prices

President Donald Trump has signed an executive order that could impose tariffs of up to 100% on som…
President Donald Trump has taken a significant step to push for pharmaceutical deals by signing an executive order that could impose tariffs of up to 100% on some patented drugs. This move is part of his administration's effort to secure lower prices for medicines.Under the executive order, companies that have signed a 'most favoured nation' pricing deal and are actively building facilities in the US will have a zero-percent tariff. For those that don't have a pricing deal but are building such projects in the US, a 20 percent tariff will apply, but it will increase to 100 percent in four years.A senior administration official stated that companies still have months to negotiate before the 100 percent tariffs kick in. Bigger companies will have 120 days, and 180 days are offered for everyone else.The administration has already reached 17 pricing deals with major drugmakers, 13 of which have signed. The executive order aims to address the threatened impairment of national security posed by imports of pharmaceuticals and pharmaceutical ingredients.Critics, pharmaceutical leaders, and medical groups have warned of the consequences the new tariffs could bring, including increased costs and potential jeopardy to billions in US investments. The pharmaceutical company trade group PhRMA has expressed concerns that taxes on cutting-edge medicines will increase costs and could jeopardize investments.
#trump #percent #drugs
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News Apr 03, 2026

Colorado Election Clerk Tina Peters Faces New Sentence After Appeals Court Overturns Nine‑Year Prison Term

A Colorado appeals court has vacated the nine‑year prison sentence of former Mesa County clerk Tina…
An appellate panel in Colorado has ordered a new sentencing hearing for former Mesa County clerk Tina Peters, whose original nine‑year prison term was overturned on procedural grounds. The three‑judge panel ruled that the trial court improperly considered Peters's personal belief in alleged 2020 election fraud when determining her punishment, rendering the sentence invalid. While the conviction for assisting an out‑of‑state actor in accessing and copying Mesa County voting‑machine data remains intact, the court emphasized that the sentence, not the guilt, was flawed. "The trial court’s comments about Peters’s belief in the existence of 2020 election fraud went beyond relevant considerations for her sentencing," the opinion read. Judge Matthew Barrett, who previously described Peters as a “charlatan” peddling “snake‑oil” claims, was specifically cited for remarks that the appeals court deemed extraneous to the sentencing decision. Peters was found guilty in August 2024 of facilitating the theft of election‑system files for a person linked to efforts to overturn former President Donald Trump's 2020 loss. The stolen copies were later disseminated on social media, fueling the broader election‑denial movement. In December, President Trump issued a pardon for Peters. However, the appellate court clarified that a presidential pardon cannot override state convictions, stating, "We have found no instance where the presidential pardon power has been stretched in such a way as to invade an individual state’s sovereignty." Governor Jared Polis of Colorado has hinted at the possibility of clemency, though no formal action has been announced. The case continues to serve as a rallying point for Trump supporters who claim the 2020 election was riddled with fraud, a narrative that persists despite the former president’s re‑election in 2024 and ongoing legal scrutiny.
#trump #court #election
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News Apr 03, 2026

Rights Groups Condemn ICE's Arrest of Palestinian Advocate Salah Sarsour

Ten Muslim civil rights groups have denounced the arrest of Salah Sarsour, a Palestinian American c…
Ten Muslim civil rights groups have issued a joint letter condemning the arrest of Salah Sarsour, a Palestinian American community leader in Wisconsin, by Immigration and Customs Enforcement (ICE) agents. Sarsour, the president of the Islamic Society of Milwaukee and a vocal Palestinian advocate, was reportedly pulled over by 10 federal agents while driving on March 30.The groups, including the Council on American-Islamic Relations (CAIR) and the Muslim Legal Fund of America, expressed concern that Sarsour was being targeted due to his Palestinian and Muslim background. They noted that his detention reflects a troubling trend of targeting immigrant activists, scholars, and foreign students who have been critical of Israeli oppression.Sarsour, a lawful permanent resident who has lived in the US for 32 years, was transferred to a detention facility in Illinois, then to Indiana, leaving his family “scrambling to determine his whereabouts”. His wife and children are all US citizens.The groups have launched an online campaign for Sarsour’s legal defence, which has earned over $35,500 in donations as of Thursday afternoon.The arrest has been widely condemned by officials in Wisconsin, including local alderpersons JoCasta Zamarripa and Alex Bower, who called the situation a “nightmare”. State Senator Chris Larson also expressed concern, stating that the federal government has yet to offer any reasons publicly for Sarsour’s arrest.The Trump administration has taken a hardline approach to pro-Palestinian activism, with Trump pledging to crack down on protesters denouncing human rights abuses during Israel’s genocidal war on Gaza if he were re-elected in 2024.
#sarsour #his #ice
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World Economy Apr 03, 2026

Billionaire fortunes surged under Trump, sparking a nationwide push for wealth‑tax measures

As billionaire wealth hit record levels during the Trump era, a growing coalition of activists, law…
Rising fortunes among the ultra‑rich under the Trump administration have ignited a wave of tax‑reform campaigns across the United States. In California, volunteers like Karen Sanchez are gathering signatures for a one‑time 5% wealth tax targeting the state’s 200‑plus billionaires to offset federal cuts to hospitals, education and food‑assistance programs.At least ten states are exploring similar measures. Washington recently enacted its first income‑tax aimed at roughly 20,000 millionaire households, while Massachusetts and Minnesota already channel wealth‑tax proceeds into preschool, K‑12 meals and transportation infrastructure.On the federal front, Senators Bernie Sanders and Representative Ro Khanna have introduced the “Make Billionaires Pay Their Fair Share Act,” proposing an annual 5% levy on billionaire net worth. Khanna argues that the ultra‑wealthy fund private health insurers, defense contractors and political campaigns, creating a stark fairness gap.Data from Oxfam shows that in the twelve months after Trump’s re‑election, billionaire fortunes grew at a rate three times faster than the average annual growth of the previous five years. Meanwhile, the federal minimum wage has remained stagnant at $7.25 for fifteen years, underscoring the widening economic divide.A Data for Progress poll released last fall found that 70% of Americans believe the economic system favours corporations and the wealthy. “People are angry and want change,” says Amy Hanauer of the Institute on Taxation and Economic Policy (ITEP), noting that activists are leveraging every level of government to seek relief.The movement draws on a two‑decade history of class‑based activism, from the Occupy Wall Street protests to Senator Sanders’ 2016 campaign that foregrounded wealth‑tax proposals. Yet inequality has deepened: CEOs of the five largest U.S. firms now earn, on average, **$52 million** annually—over a thousand times the typical worker’s salary.Political spending by billionaires has also exploded. A recent New York Times analysis reveals that billionaire contributions rose from **0.3% of campaign funds in 2008** to **19% in 2024**, amounting to more than **$3 billion** from roughly 300 ultra‑rich donors, many of whom supported candidates opposing wealth taxes, including former President Donald Trump.The war in Iran has further inflamed resentment, with the United States spending **$11.3 billion** in the first week of bombardment—far exceeding the annual budgets of agencies such as the CDC, EPA and the National Cancer Institute.Local victories are feeding the momentum. New York City’s mayoral race saw Zohran Mamdani win on a platform that includes taxing the rich to fund affordable housing, groceries and transit. Councilmember Chi Ossé led a 1,500‑person march to the state capitol, urging Governor Kathy Hochul to permit a city‑level millionaire tax, a move that now has backing from some state Democrats.Beyond New York, states like Rhode Island, Hawaii, Pennsylvania, Virginia, Illinois and New Mexico are debating various wealth‑tax mechanisms, including the popular “mansion tax” on high‑value home sales. Currently, **17 localities** have adopted such taxes, most passed between 2018 and 2023.California’s gubernatorial race has become a flashpoint. Billionaire‑backed candidates Matt Mahan and Tom Steyer are vying to replace Governor Gavin Newsom, with the tech elite—such as Sergey Brin and Joe Lonsdale—pouring money into campaigns opposing the billionaire tax. Of the 30 billionaires who have contributed to the race, **25 supported Mahan**, who has positioned himself as a staunch anti‑tax candidate.For Sanchez, the stakes are personal. The proposed tax seeks to replace **$100 billion** in federal health‑care funding cut by Trump’s “One Big Beautiful Bill Act,” which threatens hospital closures and layoffs in the nation’s fourth‑largest economy. She aims to collect **875,000 signatures** by late June to secure the initiative on the November ballot.“It’s creating a network of groups all working toward a common good,” Sanchez says, reflecting a broader sentiment that collective action could finally translate the public’s demand for fiscal fairness into concrete policy.
#california #seiu #oxfam
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Commentisfree Apr 03, 2026

Trump’s NATO Threats and Britain’s Bridge‑Building Failures Heighten US‑Europe Rift

Donald Trump’s recent attacks on European leaders, his rhetoric about leaving NATO, and the UK’s fa…
In a scene reminiscent of Henry James’s observation that the only certainty with a young American abroad is surprise, the current US president continues to bewilder European partners with erratic statements.President Trump has publicly ridiculed British Prime Minister Keir Starmer and the Royal Navy as feeble, mocked French President Emmanuel Macron over personal matters, urged allies to secure their own oil supplies, and declared that withdrawing the United States from NATO is "beyond reconsideration". These comments come as the conflict in Iran, ignited by Trump and Israeli Prime Minister Benjamin Netanyahu, drags on without a clear resolution, fueling his domestic political anxieties.European officials responded not with shock but with weary irritation, noting that Trump’s unpredictability is now a permanent feature of US policy, steering the continent away from the liberal international order. Analysts warn that NATO’s credibility is eroding, turning the alliance into a "paper tiger" even as Russian President Vladimir Putin watches closely.Britain, hoping to serve as a diplomatic conduit between Washington and Brussels, finds its position increasingly precarious. Post‑Brexit economic vulnerabilities and the looming state visit of King Charles to the United States offer little strategic gain and risk becoming a diplomatic embarrassment.Prime Minister Starmer has deliberately avoided direct confrontation with Trump, instead pledging to deepen the United Kingdom’s economic and security ties with the European Union. This shift aims to reassure Labour factions leaning toward the Liberal Democrats and Greens, while also hoping that shared security concerns will coax European capitals into offering more robust economic support.In a world where traditional alliances are fraying, European leaders face mounting pressure to forge genuine security cooperation rather than merely increasing defence spending. The consensus is clear: delay is no longer an option for Europe to secure its own future.
#europe #trump #not
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World Economy Apr 03, 2026

US Vulnerability to Gulf Oil Supply Crisis Exposed

The article examines the impact of the US-Israel war on Iran on global oil supplies and prices, and…
The ongoing conflict between the US and Israel against Iran has significantly impacted global oil supplies, causing prices to surge. Despite this, US President Donald Trump claims that the US is 'totally independent' of the Middle East and doesn't need their oil. However, experts argue that the oil market is highly interconnected, making it unlikely that the US can escape the effects of the crisis.The US is a major oil producer, having surpassed other countries due to the fracking boom. Yet, it still imports millions of barrels per day, with a significant portion coming from Gulf nations. This reliance on imports means that the US is not as insulated from global price trends as Trump suggests.Oil prices have risen by nearly half since the start of the war, with Brent crude trading above $100 per barrel. This increase has had a ripple effect on the global economy, with US fuel prices breaching $4 per gallon for the first time since 2022. The surge in fuel costs is likely to impact the US economy and may influence the midterm elections.Experts warn that the concept of 'energy independence' may be a 'smokescreen' and that low-income households will be disproportionately affected by higher fuel prices. While some sectors of the US economy, such as energy production, may benefit from the current situation, the overall impact on consumers is expected to be negative.The article also highlights the broader implications of the conflict, including disruptions to global fertilizer supplies and helium production. With the Strait of Hormuz remaining paralyzed, the effects of the crisis are likely to be prolonged, and experts are skeptical that fuel prices will quickly return to normal even if the conflict ends soon.
#oil #prices #gas
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Law Apr 03, 2026

US Threats Against Iranian Civilian Infrastructure Spark War Crime Concerns

The US has threatened to target Iranian civilian infrastructure, including power plants, which lega…
The recent statements and actions by the US, particularly by President Donald Trump, have raised serious concerns about potential war crimes under international law. During a national address, Trump warned that if Iran did not reach a deal with him, the US would target Iranian electric-generating plants and reduce the country to the 'stone ages.'Legal experts and human rights organizations have strongly criticized these threats. Erika Guevara Rosas, Amnesty International's senior director of research, advocacy, policy and campaigns, emphasized that intentionally attacking civilian infrastructure, such as power plants, is generally prohibited under international law. Such actions could cause disproportionate harm to civilians and are considered unlawful and potentially war crimes.More than 100 US experts in international law from prestigious universities, including Harvard, Yale, and Stanford, have expressed similar concerns. They highlighted Trump's comments, including the statement that the US may conduct strikes on Iran 'just for fun,' and Defense Secretary Pete Hegseth's remarks about not fighting with 'stupid rules of engagement.'The experts and legal experts point to the principle of distinction in international humanitarian law, which requires parties to avoid targeting civilian objects. Article 52 of the Geneva Conventions defines civilian objects as those that are not military objectives, and it is a war crime to intentionally direct attacks against them if they are not military objectives.Human rights organizations and experts warn that targeting Iran's power plants would have a devastating impact on the civilian population, affecting hospitals, water supplies, and other vital needs. Sarah Yager, Washington director of Human Rights Watch, noted that such actions would be catastrophic for the Iranian people.
#civilian #international #war
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Sports Apr 03, 2026

Guardiola Open to Rodri's Potential Transfer to Real Madrid

Manchester City manager Pep Guardiola has stated that he will not stand in Rodri's way if the midfi…
Pep Guardiola has expressed that he will not obstruct Rodri's potential transfer to Real Madrid if the midfielder desires to leave Manchester City. However, Guardiola believes Rodri will remain at the club beyond this summer.Rodri, whose contract with City expires in June 2027, was questioned about reports that Real Madrid's president, Florentino Pérez, is interested in signing him. The 29-year-old noted that being a former Atlético Madrid player would not be an obstacle, referencing other players who have made similar moves.Guardiola emphasized that the club's organization is above individual players, and if a player is unhappy, they should be allowed to leave. He expressed his positive feelings about Rodri staying at City, highlighting the midfielder's significant contributions to the team.Guardiola's own contract with City also expires in the summer of 2027, but he stated that he has previously discussed his future and sees no need to revisit the topic.City will host Liverpool in an FA Cup quarter-final on Saturday, with Guardiola aiming to make history by leading a team to a fourth consecutive final.
#Pep Guardiola #Rodri #Manchester City
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World Apr 03, 2026

Critics Slam US‑Israel Iran Conflict as Unjustified War, Urge Global Boycotts and Diplomatic Pressure

A collection of letters to The Guardian condemns the US‑Israel war on Iran, describing it as an irr…
Several readers have voiced alarm over the unfolding US‑Israel war on Iran, describing it as a chaotic and unjustified conflict that threatens regional stability and global order.One contributor likens the situation to a “spectacle of two rogue nations armed with nuclear weapons fighting to prevent a third from acquiring similar capabilities,” warning that the resulting chaos could embolden other territorial disputes, from China’s claim on Taiwan to Argentina’s claim on the Falklands. The writer urges individuals to emulate the anti‑apartheid boycott campaign, suggesting a coordinated boycott of US and Israeli products and a disengagement from the upcoming FIFA World Cup as potential levers to pressure the belligerents.Another letter critiques the tone of the original editorial, arguing that the war’s justification—purported nuclear compliance and regime change—was merely “grist to throw into the media mill.” The author characterises President Trump’s approach as a personal crusade, describing it as a “hyperbolic truth” that seeks to vent anger and claim divine credit, with the war ending only when Trump’s interest wanes.A third commentator questions the UK’s role, noting that despite initial resistance, British bases have quietly accommodated US and Israeli forces, mirroring the pattern seen in Gaza. The writer warns that the conflict could inflict a “disaster for our economy and that of Europe” that may last for years, calling the war both “immoral” and “illegal” and urging a policy reversal.Concern is also expressed about China’s silence. Citing a recent Guardian editorial, a reader points out that Beijing’s proclaimed “major‑country diplomacy” has not translated into constructive mediation, similar to its restrained stance on the Ukraine war. The letter argues that the global benefits of peace outweigh any short‑term advantage China might gain from allowing two wars to continue, and calls on allies of China to press the government into action.Collectively, these letters highlight a growing perception that the war in Iran is driven more by political posturing than by clear strategic objectives, and they advocate for a combination of economic pressure, public dissent, and diplomatic engagement to halt the escalation.
#iran #israel #china
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