Business Bible News Market Minute: July 22 @ 12:00PM ET

This is a Business Bible News Market Minute for Wednesday July 22 at 12:01 PM Eastern Time. According to Bloomberg, President Donald Trump has announced a 100% tariff on generic drugs, allowing manufacturers a 2 year window to relocate production to the United States or face significant import duties starting in August 2028. Global markets are up today. In overseas trading, the Nikkei is up 1,864 points. The Dow is the biggest mover in U.S. markets, up 184 points to 52,409. Oil is trading at $85 per barrel while gold is at $4,170 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in First Chronicles 21–22. The verse reads: "David said to him, “Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.”" Learn more at businessbible.com where Daily News meets Daily Principle.