New Trump tariffs fuel concern among business owners and industry groups [CBS News]
Johnson & Johnson (JNJ)
Last johnson & johnson earnings: 4/14 06:31 am
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Source: CBS News
President Trump said the U.S. would impose a 10% tariff on all countries and matching, or "reciprocal," tariffs on roughly 60 nations that charge higher duties on American exports. Consumer Technology Association CEO Gary Shapiro said in a statement to CBS News that the reciprocal tariffs amount to "massive tax hikes on Americans that will drive inflation, kill jobs on Main Street and may cause a recession for the U.S. economy." "Americans will become poorer because of these tariffs," he added. Michelle Korsmo, CEO of the National Restaurant Association, said that the reciprocal levies could disrupt the industry by hiking food and packaging costs, which operators will have to pass on to consumers in the form of higher prices. Michael Cervantes, who owns the Banks Alehouse in Fairbanks, Alaska, expressed concern about the new tariffs. "It's not just 10% because there is a ripple effect trying to get the product out of Mexico, for example. It's going to cost the distributors
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JNJ
Earnings
- 10/14/25 - Beat
JNJ
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- JNJ's page on the SEC website