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Benzinga
Benzinga
Business
Namrata Sen

J&J Commits $2 Billion To US Manufacturing Expansion Amid Threat Of Drug Tariffs

New,Brunswick,,New,Jersey,,November,1,,2023:,Johnson,And,Johnson

Johnson & Johnson (NYSE:JNJ) is set to invest $2 billion in its North Carolina facilities, expanding its U.S. manufacturing operations. This move comes in response to potential drug import tariffs proposed by the Trump administration.

Trump's 250% Pharma Tariff Spurs Domestic Drug Manufacturing

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