Johnson & Johnson stock slips on Trump drug-price pact as tariff relief comes into view
Johnson & Johnson shares fell 0.5% to $204.76 after the company announced a deal with the Trump administration to lower drug prices in exchange for tariff exemptions. The company did not specify which drugs or the size of the cuts. J&J will present at the JPMorgan Healthcare Conference on Jan. 12 and report quarterly results Jan. 21.