Hermès is raising prices, Johnson & Johnson warns of a $400 million 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 business lines in the U.S. starting May 1, adding an additional price increase on top of the regular 6%-7% hike to offset the impact of the tariffs imposed by the U.S. government. Johnson & Johnson disclosed in its financial report this week that, based on the tariffs on goods and raw materials announced by the U.S. government, the company expects to face a profit loss of $400 million by 2026. Additionally, the largest aluminum producer in the U.S., Alcoa Corporation, stated that the tariffs imposed by the U.S. government on steel and aluminum imports have resulted in a loss of approximately $20 million for the company in the first quarter