Johnson & Johnson

JNJ: XNYS (USA)

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Biopharma Industry: Exempt From Global 10% Tariff, but We Still See Margin and Tax Rate Risks

Karen Andersen

Apr 3, 2025

On April 2, President Donald Trump announced a 10% tariff on imports from all countries, effective on April 5. However, pharmaceuticals appear to be among the exemptions listed in the full executive order, as part of Annex II.

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Johnson & Johnson

Biopharma Industry: Exempt From Global 10% Tariff, but We Still See Margin and Tax Rate Risks

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