Trump Unveils Great Healthcare Plan to Slash Drug Prices

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump with this weekly recap compiled by The Fly.GREAT HEALTHCARE PLAN:The White House, "President Donald J. Trump's Great Healthcare Plan is a broad healthcare initiative that will slash prescription drug prices, reduce insurance premiums, hold big insurance companies accountable, and maximize price transparency in the American healthcare system. This plan will deliver money directly to the American people, not insurance companies, big pharma and special interest groups-putting patients over industry leaders' profits, just as he promised. The Great Healthcare Plan also builds on the successes of his first term by promoting competition, eliminating wasteful spending, and putting consumers back in control." Publicly traded health insurance companies include CVS Health, Centene, Cigna, Elevance Health, Humana, Molina Healthcareand UnitedHealth. Publicly traded drugmakers include AstraZeneca, Bristol Myers, Eli Lilly, GSK, Johnson & Johnson, Merck, Novartis, Pfizer, Rocheand Sanofi.TARIFFS ON TAIWAN:The American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United Statesa trade deal that will "drive a reshoring of America's semiconductor sector," the Commerce Department announced. "This unprecedented commitment will strengthen U.S. economic resilience, create high-paying jobs, and bolster national security. The agreement establishes a strategic economic partnership between the United States and Taiwan to decisively strengthen U.S. domestic semiconductor supply chains and secure America's technological and industrial leadership. Taiwanese semiconductor and technology enterprises will make new, direct investments totaling at least $250 billion to build and expand advanced semiconductor, energy, and artificial intelligence production and innovation capacity in the United States. Taiwan will provide credit guarantees of at least $250 billion to facilitate additional investment by Taiwanese enterprises, supporting the establishment and expansion of the full semiconductor supply chain and ecosystem in the United States... The agreement will enhance balanced trade through a predictable tariff framework. The U.S. reciprocal tariff rate applied to Taiwanese goods will total no more than 15 percent. The U.S. Section 232 duties applied to Taiwanese auto parts, timber, lumber, and wood derivative products will total no more than 15 percent. The United States will apply a zero percent reciprocal tariff for generic pharmaceuticals, their generic ingredients, aircraft components, and unavailable natural resources. Future Section 232 duties applied to Taiwanese semiconductors will reward Taiwanese semiconductor producers that invest in the United States," Commerce stated.EU FINES:In ato Truth Social, President Donald Trump stated, "This is very unfair for our Tech Companies, and for the United States of America!," along with a graphic that states "EU makes more from fines on US tech, than tax from ALL of public European tech."TARIFFS:The U.S. is imposing a 25% tariff on imports of certain advanced semiconductors, including the H200 artificial intelligence processors made by Nvidiain Taiwan,'s Josh Wingrove reports. The tariff applies to a narrow category of semiconductors, with an exception for those imported to support the buildout of the US technology supply chain. President Donald Trump has directed officials to pursue negotiations on imports and report back in 90 days, and may announce new tariffs and an offset program to incentivize domestic manufacturing in the near future. "It's not the highest level, but it's a very good level. And China wants them, and other people want them, and we're going to be making 25% of the sale of those chips, basically," Trump told reporters Wednesday during a signing ceremony.PURCHASE RULES:China is working to set rules on how many advanced AI chip companies can buy from foreign makers such as Nvidia, Nikkei Asia's Cheng Ting-Fang, Lauly Li, Cissy Zhou, and Yifan Yu. The Chinese central government is working on rules that will likely regulate the total volume of cutting-edge AI chips local companies can purchase, effectively allowing some sales by Nvidia instead of banning them outright, the report says.OIL TANKER SEIZED:U.S. forces boarded a sixth oil tanker near Venezuela, signaling an escalation of the Trump administration's crackdown on the "dark fleet" transporting sanctioned oil, The Wall Street Journal's Shelby Holliday and Costas Paris, citing people familiar with the matter. The action follows the seizure of a fifth tanker and reflects continued efforts to restrict Venezuela's oil sales in coordination with the country's interim government. Publicly traded companies in the oil energy space include BP, Chevron, ConocoPhillips, Exxon Mobil, Shelland TotalEnergies. Publicly traded companies in the drillers and oil services space include Baker Hughes, Halliburton, Nabors Industries, Noble Corp., SLB, Transoceanand Weatherford.EXPANDED LICENSE:Chevron is poised to receive an expanded Venezuela license from the U.S. government this week that could allow for increased production and exports, Reuters' Marianna Parraga and Jarrett Renshaw, citing three oil industry sources. Chevron is expected to be one of several firms to get approvals from President Donald Trump's administration to do business in Venezuela as oil companies, traders and refiners look for access to the country's heavy crude after the U.S. capture of Venezuelan President Nicolas Maduro, sources said.HINT AT INVESTMENT:After a reporter asked President Trump if the government is going to invest more in Intel, Trump, "Well, I don't know about Intel, but I'll invest more in other things. As you know, Intel came to see me; they needed help. And I said I'll help you, but I want 10% of your company to go to the United States of America." Trump also added later, "As soon as we went in, Applewent in, Nvidia went in, a lot of smart people went in - they followed us. So, yeah, we're doing that deal," according to Tom's Hardware, which questions "Did the President make a mistake, or is he alluding to something that the public does not know?" Intel previously disclosed that on December 26, the company completed the issuance and sale of 214,776,632 shares of the company's common stock to Nvidia for an aggregate purchase price in cash of $5.0B, representing a price per share of $23.28 per share.CYBERWARFARE:The Trump administration is weighing a substantial shift to enlist private companies to assist with offensive cyberattacks, four former senior U.S. officials familiar with the matter told' Adam Sella. The government can currently contract private companies to develop elements of its cyberoperations, but the initiative would drastically expand the role of private companies in cyberwarfare, said the former officials, according to the report. Publicly traded companies in the cybersecurity space include Check Point, CrowdStrike, CyberArk, F5, Fortinet, Gen Digital, Okta, Palo Alto Networksand Qualys.WIND FARM PROJECTS:Rasmus Errboe, CEO of Danish wind farm developer Orsted, said the company will move rapidly to finish a $6.2B wind farm off Rhode Island, a day after a judged denied President Trump's push to stop the project, the Wall Street Journal's Stanley Reed, citing Errboe. The company has seven turbines left to install on the 'Revolution Wind' project and expects the farm to start generating some electric power "within weeks", according to the CEO.