President Donald Trump has told his Cabinet China is eager to resume trade talks this month but has yet to offer an acceptable agreement. The Chinese government "must not underestimate President Trump's toughness and willingness to continue this battle to eliminate tariffs and nontariff barriers," US National Economic Council Director Larry Kudlow says. Bloomberg (tiered subscription model) (17 Aug.)
The EU will be "putting patients at risk" if it doesn't strike a deal to let the UK continue to play a role in drug safety and infectious-disease databases after Brexit, said Mike Thompson, CEO of the Association of the British Pharmaceutical Industry. Thompson said it would be costly for UK firms to set up duplicate testing facilities in the EU. Politico (17 Aug.)
A $250 million funding round has given food-delivery service DoorDash a $4 billion valuation. This is the second time in five months the company's valuation has more than doubled. MarketWatch (16 Aug.)
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