US EditionUS Tariffs Cloud Fisher and Paykel Healthcare's Outlook
- Siemens Healthineers developed the Naeotom Alpha, a photon-counting CT scanner shipped since 2021 and purchased by major U.S. Hospitals like Mayo Clinic and Duke.
- The challenge arose when President Trump imposed tariffs on imported medical equipment, including a 10-20 percent levy on European goods, affecting costs for hospitals and manufacturers.
- Hospitals anticipate rising costs in 2025, with 46 percent expecting higher facility expenses and firms like Johnson & Johnson predicting hundreds of millions lost to tariffs.
- Scott Whitaker of AdvaMed warned tariffs could harm innovation, increase health system costs, and threaten jobs, while CEOs stressed tax policy over tariffs as better for incentivizing U.S. Manufacturing.
- Despite cost pressures and supply disruptions, data shows 90 percent of U.S. Firms plan to reshore or source domestically, signaling a significant shift toward revitalizing American manufacturing.
14 Articles
14 Articles
America First Report
Uncanceled NewsU.S. Companies Rush to Reshore Manufacturing as Trump Tariffs Reshape Global Trade
A record 90 percent of U.S. firms plan to relocate manufacturing domestically or switch to American suppliers due to Trump’s aggressive tariffs (10–30 percent on imports from China, Mexico and Canada), signaling a major shift in supply chains. Tariff revenues hit $16.3 billion in April 2024, contributing to a $258 billion federal surplus, while forcing companies to adapt – 54 percent plan price hikes, and only 15 percent will absorb costs intern…
Americans Blame Trump: 56% Think Their Finances Would Be Better Without Tariffs · Global Voices
President Donald Trump faces difficulties in convincing U.S. consumers about the benefits of his trade war, according to a Harris poll for Bloomberg News.Most adults in the U.S., 56 percent, consider that their family finances would be better off if Trump's tariffs had not been implemented. Also, 52 percent of respondents noted that the benefits promised by these charges do not justify their economic cost.
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