Hermès is going to raise prices, and Johnson & Johnson warns of a $0.4 billion loss due to tariff policies.

Recently, several multinational companies have issued warnings about the potential impact of the U.S. government's tariff policies on their performance. French luxury brand Hermès announced on the 17th that it will increase sales prices across all its business lines in the U.S. starting May 1, adding an extra price increase on top of the usual 6%-7% hike to offset the impact of the tariffs imposed by the U.S. government. This week, Johnson & Johnson disclosed in its Earnings Reports that, based on tariffs on commodities and raw materials announced by the U.S. government, the company expects to face a profit loss of $0.4 billion in 2026. Additionally, Alcoa, the largest aluminum producer in the U.S., stated that the government's tariffs on steel and aluminum imports have led to losses of about $20 million in the first quarter. (CCTV Finance)