On Friday local time (March 21), the USA healthcare giant Johnson & Johnson announced that its investment in manufacturing, research and development, and technology in the USA over the next four years will exceed 55 billion USD; this marks another significant corporate investment since President Trump returned to the White House. Analysts note that companies are choosing to invest and build factories in the USA to avoid high tariffs and reduce production costs.
On March 22, the Financial Association reported (editor Bian Chun) that local time on Friday (March 21), a major Medical Care giant in the USA. $Johnson & Johnson (JNJ.US)$ Announced that its manufacturing, research and development, and technology investments in the USA will exceed 55 billion dollars over the next four years. This is another significant investment from the corporate sector that the USA has welcomed since President Trump returned to the White House.
Johnson & Johnson indicated in a press release that this represents a 25% increase in its investment in the USA compared to the previous four years.
The company also emphasized that the new investment builds on the improvements in its investment levels in the USA after the Tax Cuts and Jobs Act was passed during Trump's first term in 2017.
Chairman and CEO Joaquin Duato of Johnson & Johnson stated that the company's increased investment in the USA will begin with groundbreaking at a high-tech factory in North Carolina, which will not only create job opportunities in the USA but also manufacture advanced medications to provide treatment for patients in the USA and worldwide.
In addition to the factory located in Wilson, North Carolina (which broke ground on March 21), Johnson & Johnson's investment plans in the USA for the next four years also include: constructing three additional new factories and expanding several existing factories; making significant investments in research and development infrastructure; increasing technology investments to accelerate drug discovery and development, while also supporting employee training and enhancing business operation efficiency.
The White House stated in a statement that this represents the latest major victory in President Trump's relentless pursuit of US manufacturing dominance and termed the corporate investment wave as the 'Trump Effect'.
Trump has used tariffs as a trade weapon, imposing tariffs on goods from multiple countries and continuously issuing new threats of tariffs. Analysts indicate that companies are choosing to invest and build factories in the USA to avoid high tariffs and reduce production costs.
Many companies have announced investments in the USA.
Since Trump began his second term, many companies have announced significant investments in the USA or have shifted production from other countries to the USA.
Among them, the largest investment comes from OpenAI. $NVIDIA (NVDA.US)$ 、 $Apple (AAPL.US)$ 、 $Taiwan Semiconductor (TSM.US)$ Companies like these have an investment scale of over one hundred billion dollars.
On January 21 of this year, Trump announced that OpenAI,$Oracle (ORCL.US)$and SoftBank will jointly invest 500 billion dollars to promote the construction of AI infrastructure in the USA.
On February 24, Apple announced plans to invest over 500 billion USD in the USA over the next four years to further promote the development of domestic manufacturing and R&D innovation.
On March 3, Trump and Taiwan Semiconductor jointly announced that Taiwan Semiconductor would add 100 billion USD in investments in the USA over the next four years to increase its chip production.
On March 20, NVIDIA announced plans to spend hundreds of billions of USD over the next four years to purchase chips and electronic products made in the USA.
In addition, the pharmaceutical giant in the USA $Eli Lilly and Co (LLY.US)$and global shipping giant CMA CGM announced plans to invest hundreds of billions of dollars in the USA.
On January 7 (after Trump's election but before his official inauguration), UAE's Damac Properties announced an investment of 20 billion dollars to build a new Datacenter in the USA; on February 26, Eli Lilly and Co announced it would invest at least 27 billion dollars to set up four new production bases in the USA; on March 6, the Global shipping giant CMA CGM announced it would invest 20 billion dollars in the USA's shipping and Logistics sectors, creating 10,000 jobs in the USA.
In addition, including the pharmaceutical giant $Merck & Co (MRK.US)$ and automotive companies. $Stellantis NV (STLA.US)$ Companies, including those in the USA, have announced plans to invest billions of dollars.
Some companies have announced they will shift production from other countries to the USA. Canadian Furniture manufacturer Prepac has already announced it will move production from Canada to the USA; the USA's largest toy manufacturer Cra-Z-Art stated it will bring back a "significant portion" of its manufacturing business from overseas to the USA.
In addition, Auto Manufacturers such as Honda, Nissan, and Hyundai are expected to shift production from overseas factories to the USA. Trump has consistently claimed that Auto Manufacturers shifting production to the USA can avoid tariffs.
Editor/jayden
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