April 15, 2025, 11:22 am
Healthcare giant Johnson & Johnson revealed that it is set to incur approximately $400 million in additional costs due to tariffs impacting its medical technology and surgical product divisions. The increased expenses are attributed primarily to trade tensions and retaliatory tariffs between the U.S. and China. This announcement has raised concerns among investors and industry analysts regarding its potential effect on profit margins and operational costs. The news feeds into the ongoing discourse surrounding international trade disputes and their impact on multinational corporations.
Health care giant Johnson & Johnson expects about $400 million in tariff-related costs this year. The costs will be felt primarily within the company’s medical technology unit, which makes a range of medical devices and surgical products. The most substantial impact comes from tariffs against...
Health care giant Johnson & Johnson expects about $400 million in tariff-related costs this year. The costs will be felt primarily within the company’s medical technology unit, which makes a range of medical devices and surgical products. The most substantial impact comes from tariffs against...
2 stories from 2 sources in 13 hours ago ... #trade #foreignpolicy #tariffs #global-trade #business #healthcare
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