Johnson & Johnson to invest $2B in North Carolina plant as Trump's 250% drug tariffs loom

Johnson & Johnson announced a massive $2 billion investment to build a factory in North Carolina on Thursday — a move to boost its domestic production as President Donald Trump threatens to slap devastating tariffs on pharmaceutical imports.The healthcare giant joins Eli Lilly and AstraZeneca in committing billions to expand US manufacturing operations in response to Trump’s proposed import duties.Earlier this month, Trump outlined plans for phased-in pharmaceutical tariffs that could start small and eventu ...