US EditionTrump's Tariffs: Rising Costs Loom for US Hospitals, But No Stockpiling Yet!
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Trump's Tariffs: Rising Costs Loom for US Hospitals, But No Stockpiling Yet!
President Donald Trump’s new round of tariffs —this time targeting copper— has intensified concerns about rising costs across key sectors, including healthcare. But despite significant price pressures on steel, aluminum, and now copper, all vital to medical device production, there is no indication that US hospitals are stockpiling equipment ahead of expected price hikes, according to recent findings from GlobalData.Announced earlier this week, …
US healthcare facilities not stockpiling medical devices despite tariffs, reveals GlobalData - GlobalData
US President Donald Trump has announced a 50% tariff on copper, now matching the tariffs already present on steel and aluminum. While there was speculation that tariffs on steel and aluminum could decrease, increased tariffs on copper could be a signal that 50% tariffs will remain in place for aluminum and steel. Despite tariffs on materials in medical devices, there is currently no evidence that healthcare facilities are bulk buying these devic…
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