RE: Safe haven12 Mar 2025 20:15
GSK's U.S. manufacturing facilities provide some degree of insulation from U.S. tariffs, particularly on products sold in the U.S. However, the broader trade war, including retaliatory tariffs from the EU, Canada, and China, could still negatively impact GSK’s global operations. In this volatile global trade environment, GSK's diversified manufacturing footprint (including U.S. operations) offers a buffer, but it is not immune from the wider effects of tariff wars and their economic consequences.
I still maintain that Trump is incompetent. Recently, he's been whining about 'whoever allowed Canada to supply energy to the U.S.?
Well, what an idiot - it was him!
Under the United States-Mexico-Canada Agreement (USMCA), signed by President Trump, Canada’s ability to supply energy to the U.S. was maintained and strengthened. The agreement ensures continued trade in oil, natural gas, and electricity between the two nations, reinforcing their longstanding energy partnership and removing trade barriers for energy products across North America.