The order is based on a "most favored nation" pricing model, which is similar to a policy Trump pushed in his first administration.

President Trump on Monday signed an executive order asking drugmakers to voluntarily reduce the prices of key medicines in the United States.

Newell Brands is looking for more clarity on how newly lowered U.S. tariffs will be applied before potentially resuming shipments of its Graco baby strollers and child car seats from China, a spokespe...