When US President Donald Trump threatened 200 per cent tariffs on foreign-made pharmaceuticals, investors responded like it was a placebo. It’s the latest spat between drugmakers and an administration that share a complicated relationship. The FT’s Hannah Kuchler and Patrick Temple-West explain why Trump and Big Pharma aren’t getting along, and what that prescribes for the future of the industry.

Mentioned in this podcast:

Email Marc your questions (Marc.Filippino@ft.com)

Investors shrug off Donald Trump’s 200% tariff on pharma

The looming ‘patent cliff’ facing Big Pharma

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Swamp Notes is produced by Henry Larson. Topher Forhecz is the FT’s executive producer. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson.

CREDIT: The White House, Roll Call

Read a transcript of this episode on FT.com

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US President Donald Trump’s approach to the economy has left investors on edge and markets unsure how to react. But his tariffs, trade deals and Truth Social posts have left some corporations better off than others. The FT’s Derek Brower and Gregory Meyer break down who is coming out on top, and who is getting left behind.

Mentioned in this podcast:

Triumphing under Trump: the corporate winners and losers

Is Donald Trump’s ‘big, beautiful bill’ a political curse for Republicans?

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Swamp Notes is produced by Henry Larson. This week’s episode was mixed by Samantha Giovinco. The FT’s acting co head of audio is Topher Forhecz. Special thanks to Pierre Nicholson.

CREDIT: The White House, LiveNOW from Fox, Forbes

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

After more than a week of fighting between Israel and Iran, US President Donald Trump bombed the Islamic republic and then announced a ceasefire. Former national security adviser John Bolton and the FT’s chief foreign affairs commentator Gideon Rachman share their views on what America’s relationship with Iran should look like next and what will happen to the embattled regime.

Mentioned in this podcast:

Email Marc with your questions (Marc.filippino@ft.com)

How Israel inadvertently reawakened Iranian nationalism

Early intelligence suggests Iran’s uranium largely intact, European officials say

Trump’s fragile peace in the Middle East

Listen to the Rachman Review podcast

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Swamp Notes is produced by Henry Larson. Kelly Garry mixed this week’s episode. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.