If President Trump's threat to impose tariffs on pharmaceutical products goes through, it would have severe consequences for industry R&D efforts, according to a Bayer (OTCPK:BAYZF) pharma executive.

Several White House staffers had to warn the president that his tariffs would impact ‘Trump’s people.’ The MSNBC anchor also pointed out a daming irony of the president's Qatari jet controversy. Journalist Michael Wolff has said that Donald and Melania Trump are essentially “separated.

President Trump and British Prime Minister Keir Starmer announced a new trade agreement. Other countries, including China, remain open to negotiating with the U.S., but some of the tariffs are having real impacts on American businesses and their supply chains.