Morning Wire Trump Tariffs & Ozempic Expansion | Afternoon Update | 11.26.24
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Nov 26, 2024 Trump's proposed tariffs aim to tackle drug trafficking and immigration by targeting imports from China, Canada, and Mexico. Meanwhile, the Biden administration is considering expanding Medicare and Medicaid to include weight loss drugs, despite legal hurdles. The financial implications of making obesity drugs more accessible are examined alongside the dismissal of election-related charges against a former president. Lastly, Walmart scales back its diversity initiatives amid conservative pressures, and legal rulings regarding transgender athletes spark debate.
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Trump's Tariff Plan
- Former President Donald Trump intends to impose tariffs on goods from China, Canada, and Mexico.
- These tariffs aim to address drug trafficking and illegal immigration.
Weight Loss Drug Coverage
- The Biden administration proposed expanding Medicare/Medicaid coverage for weight loss drugs like Ozempic and Wegovi.
- Incoming Trump administration will decide whether to implement this potentially costly proposal.
Election Charges Dismissed
- Charges against Donald Trump related to the 2020 election were dismissed.
- Judge Tanya Chutkan ruled a sitting president can't face federal indictment.