Trump administration

May 29, 2025 4:26 PM

US cancels more than $700 million funding for Moderna bird flu vaccine

The Trump administration has canceled a contract awarded to Moderna for the late-stage development of its bird flu vaccine for humans, as well as the right to purchase shots, the drugmaker announced on Wednesday. Shares of Moderna were flat in after-market trading. Moderna in January was awarded $590 million by the Biden administration to advance the development of its bird flu vaccine, and support the expansion of clinical studies for up to five additional subtypes of pandemic influenza This...

January 21, 2025 9:04 AM

Donald Trump signs executive order to withdraw US from Paris Climate Accord

President Donald Trump has signed an executive order to withdraw the United States from the Paris Climate Treaty -- just as he did in his first term. It's among a slew of executive actions he signed in front of thousands of supporters at Capitol One Arena. However, the Trump administration's move against the 2015 Paris accord in 2017 was reversed by Joe Biden on his first day in office in 2021. Paris Agreement is an international agreement to combat climate change, and nearly 200 countries have...

January 3, 2025 5:38 PM

India aims to strengthen economic ties with US, engage with Trump administration

India is looking forward to strengthening its economic relationship with the United States by engaging with the incoming Trump administration, India's trade minister Piyush Goyal told reporters in New Delhi on Friday. "We are looking forward to a very deep and substantive engagement with the new US administration," the trade minister said, noting that under Prime Minister Narendra Modi, India has bolstered bilateral relations with successive U.S. administrations, including those led by Barack O...