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Medtronic plc (MDT) CEO Discloses the Impacts of Tariffs on the Company
Key takeaways
- Martha noted the figure could change given new US tariff threats targeting multiple trading partners emerge, saying, "we'll have to re-evaluate that."
- He said tariffs remain "pretty meaningful," surging year over year and adding pressure along with higher input costs such as fuel.
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Medtronic plc (MDT) CEO Discloses the Impacts of Tariffs on the Company Fatima Gulzar Sat, June 27, 2026 at 10:32 PM GMT+7 2 min read MDT Medtronic plc (NYSE:MDT) is one of the 10 Best Brain-Computer Interface Stocks to Buy.
On June 8, Medtronic plc (NYSE:MDT) Chairman and CEO Geoffrey Martha said on Fox Business Network's The Claman Countdown that the company now expects a $250 million tariff hit for fiscal 2027, down from a prior $300 million estimate due to supply chain adjustments. It includes $75 million in the first quarter.
Martha noted the figure could change given new US tariff threats targeting multiple trading partners emerge, saying, "we'll have to re-evaluate that."
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