Medical Stocks Tumble: Tariff Fears Shake the Market
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Medical equipment stocks plummeted after a U.S. Commerce Department probe into national security risks from imported medical supplies like syringes and surgical instruments. The potential tariffs, aimed at boosting U.S. manufacturing, triggered investor fears, causing stocks of Baxter International, GE HealthCare, ICU Medical and others to drop sharply. Is this a short-term dip or a major industry shakeup? Hosted on Acast. See acast.com/privacy for more information.