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Stock impact report

Trump's tariff tirade and sudden calm keep Big Pharma on its toes [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
Following a week of President Donald Trump's tariff tornado ripping through Wall Street, wiping out trillions in market value , the administration's about-face on trade yesterday sent stocks soaring. Still, pharma companies that were spared from the taxes on imported goods have been spinning in the high winds. Although pharmaceutical products were given a brief exemption from the initial round of tariffs, Trump said Tuesday evening that his administration would “very shortly” make an announcement regarding a tax on drugs made abroad, even as China and the EU hit back with tariffs of their own. Then, yesterday, he paused the newest round of tariffs besides a 125% levy against China. The first round of “reciprocal” tariffs announced last week included a universal 10% tax on all imported goods that took effect over the weekend. And then dozens more were levied against specific countries beginning yesterday before the administration announced a pause that would reportedly last 90 d Show less Read more
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