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Stock impact report

These companies say they're investing more in U.S. manufacturing as tariffs go into effect [CBS News]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: CBS News
The announcements come as some of the Trump administration's new tariffs take effect, with other import duties still pending. Although not all the companies expecting to grow their manufacturing footprint in the U.S. have directly cited the tariffs as a motivating factor, the White House has touted such moves as furthering Mr. Trump's goal of stoking job-creation on home soil. In March, for example, the White House celebrated pharmaceutical company Johnson & Johnson's plan to invest $55 billion in U.S. manufacturing, calling it a "massive victory in President Donald J. Trump's unrelenting pursuit of American manufacturing dominance" in a statement on its website. For most companies, making such a shift would require committing hundreds of millions, or even billions, of dollars to building and expanding U.S. factories, economists say. Many trade experts are skeptical that even threat of higher tariffs and political pressure from the White House are enough to spur companies to ma Show less Read more
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