Patients will likely eventually see higher prices and drug shortages under President Trump's plan to assess tariffs on prescription drug imports.

Asian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China,

U.S. President Donald Trump said his administration is talking with China to strike a tariff deal and that Chinese President Xi Jinping has called him, according to a Time magazine interview published on Friday as Beijing continues to dispute U.

US President Donald Trump said on Friday that he spoke with China's Xi about tariffs, reports Barron's, quoting an interview with the American leader published by TIME Magazine. Both the countries are locked in an escalating tit-for-tat trade battle triggered by Trump's new levies on Chinese goods.

U.S. President Donald Trump said his administration is talking with China to strike a tariff deal and that Chinese President Xi Jinping has called him, according to