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Prescription drug ads are on every channel, and with them come the laundry list of side effects tacked on at the end of every TV spot. Now, in addition to listing those side effects, you could soon be hearing about the costs.A new proposal from the Trump administration would force manufacturers to state a drug's list price in any TV advertisement.It was a goal first laid out by Human and Health Services Secretary Alex Azar back in May."If we wanna have a real market for drugs, why not have them disclose their prices in the ads too?” asked Azar. “Consumers would have more balanced info and companies would have incentives for setting their prices…"Experts on drug pricing, like John Hopkins University's Gerard Anderson, say it’s about time."If you’re buying a TV, they'll tell you what a TV costs. If the grocery store’s having a sale, they’ll say how much oranges cost. This is something that should be and is just long overdue in the pharma industry,” Anderson says.Pharmaceutical companies have pushed back via their trade group, which said that posting prices on TV could be "misleading or confusing.” Their proposal was to, instead, tell consumers that pricing information could be found on the drug's website."The problem is that most of us would never go to their website to look up that information,” Anderson explains. “And the FDA would have to monitor closely the info on their site and that could change daily. So, it’s really not a viable option."The proposal will be open for public comment for 60 days, and even if it goes into effect after that, industry experts say they're likely to face many legal challenges from the pharmaceutical industry. 1676
President Donald Trump launched the next salvo in his widening war on Chinese trade abuses, this time taking aim at China's unfair seizure of US intellectual property.Trump on Thursday directed the US trade representative to level tariffs on about billion worth of Chinese imports following a seven-month investigation into the intellectual property theft, which has been a longstanding point of contention in US-China trade relations. In addition to the tariffs, the US also plans to impose new investment restrictions, take action against China at the World Trade Organization and the Treasury Department also will propose additional measures."We have a tremendous intellectual property theft problem," Trump said. "It's going to make us a much stronger, much richer nation."The move, which comes on the heels of the administration's steel and aluminum tariffs that also took aim at China, has already been met with threats of retaliation from China and is heightening concerns of a global trade war that could destabilize the global economy -- fears the Trump administration has repeatedly brushed off.Trump on Thursday signed a memorandum announcing the trade actions, invoking Section 301 of the 1974 Trade Act, which formed the basis for the administration's investigation.Before signing the measure, Trump lamented the US' multi-hundred billion dollar trade deficit with China and said the action would be "the first of many."Trump prefaced his trade action by insisting he views China as a "friend" and said he has "tremendous respect" for Chinese President Xi Jinping, as he flicked to China's support in pressuring North Korea to denuclearize."They are helping us a lot in North Korea," Trump said. "But we have a trade deficit ... there are many different ways of looking at it, but no matter which way you look at it, it is the largest trade deficit of any country in the history of the world."Trump said the US would continue to engage diplomatically with China to reduce the trade imbalance, even as he signed an action that is likely to exacerbate tensions between the two countries.Robert Lighthizer, the US trade representative, said the tariffs would focus on theft of US technologies and said Trump "concluded that we should put in place tariffs on appropriate products" following the investigation."This is an extremely important action. Very significant and very important for the future of the country, really across industries," Lighthizer said.The investigation concluded that China has stolen or coerced US companies into turning over their intellectual property through a series of state-run structural maneuvers, including its requirement that foreign companies partner with Chinese companies to access the Chinese market, said Everett Eissenstat, the deputy director of the National Economic Council for international economic affairs.The investigation also assessed that China has stolen US intellectual property by hacking US computer networks, though senior administration officials said Thursday's tariffs would not account for the value of that intellectual property theft, which they estimated to be in the hundreds of billions of dollars.The incoming tariffs are the most significant to date from a President who campaigned on a promise to correct the US' global trade imbalance, particularly with China, and to revitalize US manufacturing. The move is just the latest sign that Trump is intent on putting his protectionist rhetoric into action despite concerns from economists and financial analysts, including within his own administration.Beyond the threat of a far-reaching trade war, economists have warned US consumers are likely to bear the cost of the tariffs and worries about Chinese retaliation are mounting."A trade war does no good to anyone. There is no winner," China's Premier Li Keqiang said at a news conference in Beijing in anticipation of the Trump administration's tariff action.The Trump administration, though, has said it is simply taking long-overdue action following years of unfair Chinese trading practices that they argue previous administrations have insufficiently countered.Peter Navarro, Trump's hawkish top trade adviser, said the administration had decided on the tariffs in lockstep and said the US opted to take tariff actions after dialogues with China over the last 15 years have failed to produce significant changes in Chinese behavior."Administrations before us and this administration has tried very, very hard to work with the Chinese," Navarro said. "Talk is not cheap. It has been very expensive to the American people."The tariffs will not take immediate effect. Instead, the US trade representative will publish a list of targeted goods within 15 days and will then allow for a 30-day public comment period.Pressed about the impact on US consumers, a senior administration official said the administration believed the tariffs would result in only "minimal effects" on US consumers."In terms of the broader calculus of the harm that is done by what is the theft ... of intellectual property is almost incalculable," the official said. 5136
POWAY, Calif. (KGTV) -- A man who went missing from Poway Saturday night has been found safe. Authorities said Sunday morning that 84-year-old Orlando H. Lugo was last seen around 10:30 p.m. Saturday night. Lugo suffers from memory loss.He was later spotted around 9:20 a.m. walking along the side of southbound Interstate 15 near Scripps Poway Parkway. He has previously walked from Poway to Mira Mesa and Escondido. Lugo was taken to the hospital for a medical evaluation. 508
President Donald Trump has been seeking counsel from confidantes on how he should handle the Stormy Daniels situation, a source close to the President tells CNN.The source said Trump is being told by advisers not to fight Daniels' decision to break a confidentiality agreement because it would make him look guilty. This source said it's the only reason Trump has stayed quiet on the issue and hasn't been tweeting about it.The source also believes the controversy potentially poses a bigger threat to Trump's presidency than Russia. The difference here compared to accusations from other women is that there's a signed agreement and a payment. 652
President Donald Trump said he is "not familiar" with the Harvey Weinstein case when asked for his reaction to the former Hollywood producer being charged with rape and sex abuse Friday.Trump told reporters on the South Lawn of the White House that he didn't "know anything about it," but added, "It's really too bad. Really too bad."In October, when the flood of accusations from dozens of women began to come out against Weinstein, Trump told reporters at the time: "I've known Harvey Weinstein for a long time, I'm not at all surprised to see it."Weinstein turned himself in to authorities Friday morning and was arrested and processed on charges of rape, committing a criminal sex act, sexual abuse and sexual misconduct, according to the New York Police Department.The charges stem from incidents with two separate women, the NYPD said in a statement, and were the result of a joint investigation between police and the Manhattan district attorney's office.Weinstein is also under investigation for alleged sex crimes in Los Angeles and London. Federal prosecutors in New York have started a sex crimes investigation involving him, according to The Wall Street Journal.The charges follow a flood of accusations against Weinstein that led women around the world to come forward with accounts of being sexually harassed by powerful men. His accusers welcomed the news as a sign that the tables were finally turning -- not only on him but on other accused predators.During the election, at least 15 women made allegations against Trump ranging from sexual harassment and sexual assault to lewd behavior around women. They came forward in the wake of a 2005 "Access Hollywood" tape of Trump released in October 2016 that caught him saying on a hot mic: "And when you're a star, they let you do it. You can do anything ... Grab them by the p****. You can do anything."But the White House -- through press secretary Sarah Sanders and others -- has dismissed all the allegations against him as old news that had been litigated during the 2016 campaign.The-CNN-Wire 2070