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The Guardian - UK
The Guardian - UK
Business
Lisa O'Carroll

Swiss drugmaker Roche to invest $50bn in US in effort to dodge Trump tariffs

Roche logo on glass at its Basel HQ
Basel-based Roche says it will export more medicines from the US than it imports once the facilities are operating. Photograph: Alexandra Wey/AP

The Swiss drugmaker Roche has said it will put $50bn (£37bn) into manufacturing in the US over the next five years, joining the queue of companies unveiling investments to try to head off potentially punitive Donald Trump tariffs.

Roche said on Tuesday the investment would create more than 12,000 jobs, including 6,500 in construction and 1,000 at new and expanded existing facilities in the US, including factories and distribution centres in Kentucky, New Jersey and California.

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