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Trump: Bayer invests $2.2B in Ohio pharma campus

Trump's Truth Social latest posts10-04 06:20

President Donald Trump announced via social media on October 3 that Bayer has committed $2.2 billion to build a new pharmaceutical manufacturing campus near Columbus, Ohio, creating thousands of jobs. Trump attributed this "massive onshoring win" to his strong pharmaceutical tariffs, which he said have led to over $600 billion in new pharma investments and lower drug prices under the most-favored-nation policy.

"HUGE NEWS FOR OHIO, where I am heading right now! Bayer just announced a brand new, 2.2 Billion Dollar Pharmaceutical Manufacturing Campus near Columbus. It will generate thousands of Jobs for Ohioans in Advanced Manufacturing, Scientific Research, Construction, and more," Trump wrote. He added: "Companies everywhere are building in the U.S.A. BUILD IN AMERICA, HIRE AMERICAN WORKERS, AND PRICE DRUGS FOR AMERICAN PATIENTS FAIRLY — OR PAY." The president concluded with "I LOVE OHIO!"

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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