Trump's Tariffs: Any Road to Relief?
Donald Trump has a longstanding fixation with tariffs, once calling them the "greatest thing ever". The US President believes tariffs are a mechanism to regulate trade and retaliate against foreign nations.
As the US Department of Commerce's 232 investigations represent the latest tariff threat, medtech companies are getting creative. The Trump Administration has homed in on Section 232 investigations, a US government review to determine if imports threaten national security.
Citing national security as the reason behind the probes, the US Department of Commerce's latest 232 probe is centered on personal protective equipment (PPE), medical consumables, and medical equipment, including medical devices.
the "greatest thing ever"
Author's summary: Trump's tariffs impact medtech companies.
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