Business Bible News Market Minute: July 22 @ 9:30AM ET

This is a Business Bible News Market Minute for Wednesday July 22 at 9:30 AM Eastern Time. According to Bloomberg, President Donald Trump has announced a 100% tariff on generic drugs starting in August 2028, giving manufacturers 2 years to relocate production to the United States. Global markets are mixed today. In overseas trading, the Nikkei is down 227 points. The Nasdaq is the largest mover in US markets, up 329 points to 25,837. Oil is trading at $86 per barrel while gold is at $4,135 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.