Cochlear Limited (ASX:COH) Responds to US Tariff Announcement
US Tariff Impact
Cochlear Limited has responded to the US Government’s introduction of a 10% tariff on Australian exports. The company confirmed it can still rely on a chapter of the Harmonized Tariff Schedule of the United States, which allows duty-free importation of hearing implants.
Company’s Strategic Response
Cochlear will actively monitor and engage with the evolving global landscape to ensure it continues providing implantable hearing solutions to a broad customer base and servicing existing recipients throughout their lives.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Cochlear. The Motley Fool Australia has recommended Cochlear. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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