Trump Says Tariffs Pushed Novartis to Expand Operations in US

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Why This Matters

President Trump claims that his tariffs have prompted Novartis to expand its US operations, citing a meeting with the company's CEO at the White House.

Market Impact

Market impact analysis based on bullish sentiment with 70% confidence.

Sentiment
Bullish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

President Donald Trump said his tariffs spurred Novartis AG to expand its US manufacturing footprint, following a meeting with the Swiss drugmaker’s chief executive Vas Narasimhan at the White House on Wednesday.

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Original article published by Bloomberg on February 20, 2026.
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