McKesson Corp., one of the largest U.S. drug distributors, sent pharmacies prescription opioids that had been removed from their bottles and replaced with over-the-counter painkillers, the Food and Drug Administration says.
The companies that run the Channel tunnel are suing the British government over its award of ferry contracts to handle freight shipments in a no-deal Brexit, just days after one of those contracts, with a startup company that doesn’t own any ships, fell through.
For companies caught in the trade war, the options for mitigating exposure to tariffs range from a simple change in paperwork to creative “tariff engineering” and the overhaul of supply chains often developed over decades.
Like other U.K. businesses, the country’s busiest air hub has begun storing up European Union-sourced goods to ensure that it can carry on functioning should Britain crash out of the bloc without an agreed settlement on March 29.
President Trump in his State of the Union address said a trade deal with China will have to address not only what he called the chronic U.S. trade deficit but also changes in Chinese policies to protect American workers and businesses.