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Johnson & Johnson (JNJ) is the best medical device fund to buy now?


We have recently published a list The best medical device stocks to get now. In this article Johnson & Johnson (NYSE:Jnj) Now it stands against the other best medical device shares to get.

On April 16, CNBC said Trump tariffs were divided into medical society. The first Trump Administration did not apply tariffs for medical devices produced in Mexico, China and Canada. However, the sector has not been awarded the newest period of the president so far. This resulted in a section: Device manufacturers are retreated to retreat because they can potentially face serious problems from tariffs. On the contrary, individual protective equipment producers stand in order to take advantage of obstacles, so they do not show missing signs.

The medical community presents a dichotomy in front of tariffs. CNBC also said that the tasks can collect expenses to hospitals and in turn, patients have increased expenditures to reduce access to critical care and equipment. Scott Whitaker, a trading group representing medical technology and device manufacturers, gave information about the situation:

“Medtech supply chain leaders are already reporting concerns on the supply chain and cannot pay patients or health care services according to patients or healthcare or health care.

Hospital trading teams also warn their concerns and the quality of the care of tariffs. CNBC, Rick Polchan, President of the American Hospital Association Rick Pollon, opened:

“There are violations of the existence of these critical devices with the leadership of the AHA and it is due to the international level – has the potential to disrupt hospital care.

Also read: Investment of the recession: 10 best food reserves to purchase now and The most promising future shares for hedging funds.

President Trump applied 25% tariffs to imported goods from Mexico and Canada in February, then delays a number of products on a number of items in the US-Mexican-Canadian agreement. But Chinese products did not see any respite. In fact, new payments applied in the second period of Trump brought the total tariff speed to 145%. One way is to raise prices for increasing costs, increasing expenses, a number of hospitals and other organizations receiving medical equipment. These institutions are also likely to face the consequences of higher expenses with existing insurance contracts at locked annual prices.



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