
J&J boosts investments in US to more than $55 billion amid looming tariff threats
(Reuters) -Johnson & Johnson plans to spend over $55 billion to build four plants in the U.S., it said on Friday, as a threat of drug import duties from the Trump administration forces companies to expand their manufacturing operations domestically.The new plants will be built over the next four years, including in Wilson, North Carolina, where the pharmaceutical giant officially broke ground ...