Measures come as Donald Trump offers olive branch to regime in Tehran
US president expected to meet new president Ahmed al-Sharaa during visit to Saudi Arabia
US president highlights enduring ‘bonds’ with the kingdom as White House hails pacts worth some $600bn
Government had already cut $2.2bn in funding to university and US president threatened to scrap its tax-exempt status
As the president launches a trade war, follow the latest on tariffs and executive orders
Also in today’s newsletter, why Trump is starting to sound like Bernie Sanders
Federal ethics rules now seem little more than decoration
The president seeks to lower US rates in line with other nations but his directive lacks enforcement power
US president’s proposed pharma price cuts and tax increases for the rich echo policies of progressive Democrats
The US is the biggest market for prescription drugs, accounting for roughly $600bn of annual sales out of a global $1tn or so
Universities and medical centres have already had to cut costs as the US government slashed spending on a range of programmes
The US is pursuing its own objectives and cutting Israel out of dealmaking with Iran and Saudi Arabia
US intervention that led to ceasefire left New Delhi worse off, analysts say
US president expects flurry of deals on first official foreign trip but Israel’s war in Gaza is roiling the region
Congressional committee publishes draft law scrapping subsidies for renewables and electric vehicles
Secret meeting in IMF basement paved way for tariff deal seen on both sides as a victory
President offered asylum to Afrikaners he says have faced violence and discrimination since end of apartheid
Trump sets out plans for cost targets and eliminating ‘middlemen’ in executive order
Deal to reduce duties for next 90 days marks first sign of tension easing between the two economic superpowers
Uncertainty around Trump’s trade war has not gone away
Zelenskyy welcomes prospect of US president participating in event in Istanbul
Gulf state’s offer to replace ageing presidential plane raises ethics concerns
An institution that survived British torching in 1814 is now facing a new onslaught
President promises to defy industry pressure and drastically cut cost of pharmaceuticals
Beijing and London’s pacts with US create exceedingly uncertain future
