Smith & Nephew share price drops as Trump tariff threat hits Europe — what to watch next
Smith & Nephew shares fell 1.8% to 1,214.0 pence in London as European stocks dropped after President Trump threatened tariffs on eight countries over Greenland. The company is finalizing a $225 million U.S. acquisition of Integrity Orthopaedics, expected to close by month-end. Investors remain cautious about Smith & Nephew’s ability to meet its 2028 growth targets.