US drug firm Merck says existing Trump tariffs will cost it $200m this year
US drug firm Merck says existing Trump tariffs will cost it $200m this year
Company’s forecast does not account for threatened ‘major’ tariff that could also be levied on pharmaceutical imports
Amazon and Meta each donated $1 million. Amazon founder Jeff Bezos and Meta CEO Mark Zuckerberg attended Trump’s inauguration and received prominent seats in the Capitol Rotunda, where Trump was sworn in after bad weather scuttled the traditionally outdoor event. Apple CEO Tim Cook gave $1 million, as well.
Computing companies Micron, Nvidia, Qualcomm and Microsoft also made six-figure donations, as did health care companies such as Hims, Johnson and Johnson, Merck, Pfizer and Amgen. Live Nation donated $500,000, and two online gambling companies DraftKings and FanDuel each gave just under that.
Oh no!
Anyway...
A six/seven figure donation for these companies is...nothing. While I'm all for grabbing my face eating leopard popcorn, I'm not sure I'd say this falls under that category. This amount of money doesn't feel like trying to buy favors --- more like "please don't specifically target us with your wrath of incompetence."