Trump unveils phased generic drug tariffs

IANS | July 22, 2026 7:45 AM

Washington, July 22 (IANS) US President Donald Trump has announced that imported generic medicines will remain free of tariffs for two years from August 1, 2026, before facing duties of 100 per cent and later 200 per cent as part of his push to shift pharmaceutical production to the United States.

US Treasury unit blocks nearly $2 billion in cyber fraud proceeds

IANS | July 22, 2026 7:41 AM

Washington, July 22 (IANS) The US Treasury’s financial intelligence unit has helped block nearly $2 billion in stolen proceeds linked to cyber-enabled fraud affecting more than 5,700 American individuals and businesses, its director told lawmakers.

China ownership raises US food fears

IANS | July 22, 2026 7:37 AM

Washington, July 22 (IANS) US Agriculture Secretary Brooke Rollins warned Congress that Chinese ownership, foreign dependence and corporate consolidation had created national-security vulnerabilities across the US food system.

White House unveils science funding overhaul

IANS | July 22, 2026 7:32 AM

Washington, July 22 (IANS) The Trump administration proposed the most extensive overhaul of America’s scientific research system in more than eight decades, placing artificial intelligence at the centre of discovery and seeking new alternatives to traditional peer review.

Russia, China helping Iran: Hegseth

IANS | July 22, 2026 7:08 AM

Washington, July 22 (IANS) US Defence Secretary Pete Hegseth told senators that Russia and China were helping Iran as Tehran resumed attacks on commercial shipping and the United States intensified military operations around the Strait of Hormuz.

US puts Iran war cost at $37.5 billion

IANS | July 22, 2026 6:53 AM

Washington, July 22 (IANS) US Defence Secretary Pete Hegseth told senators that the war with Iran has cost an estimated $37.5 billion, as the Trump administration sought nearly $88 billion in emergency funding amid renewed fighting in the Strait of Hormuz.

China, AI reshape post-9/11 threat landscape, US security experts warn

IANS | July 22, 2026 6:48 AM

Washington, July 22 (IANS) The United States faces a new generation of security threats led by China and accelerated by artificial intelligence, cyber operations and attacks on critical infrastructure, national security experts told Congress, nearly 25 years after the September 11 attacks.

Trump’s Iran war authority faces scrutiny

IANS | July 22, 2026 6:44 AM

Washington, July 22 (IANS) The Trump administration faced bipartisan scrutiny in the US Senate over whether it was circumventing congressional war powers by restarting a statutory 60-day deadline after a temporary ceasefire with Iran collapsed.

US lawmakers target crypto ATM scams

IANS | July 22, 2026 6:41 AM

Washington, July 22 (IANS) US lawmakers pressed federal regulators to strengthen oversight of cryptocurrency ATMs after Americans lost $388 million to scams involving the machines last year.