Whatever you think of Donald Trump’s tariff policies, one fact stands out: companies are looking to invest more in the United States. They want to avoid the negative impacts of tariffs on their business. One firm doing just this is Eli Lilly and Company (NYSE: LLY). The firm announced it will be investing $27 billion in the U.S. to scale up its manufacturing capabilities.
[content-module:CompanyOverview|NYSE:LLY]Before they even went into effect on Mar. 4, Trump’s tariffs were already impacting markets. The S&P 500 Index is now down over 3% since Trump took office as of the Mar. 4 close. Some of this is attributable to tariff fears as well as weakening economic indicators. The University of Michigan Consumer Sentiment Index notably dropped to its lowest level since Nov. 2023 in February.
