Danaher Corporation announced that it anticipates incurring a $350 million impact from tariffs related to China. This financial headwind is a notable factor affecting the company's operations for the current year.
To counteract this impact, Danaher is implementing a comprehensive mitigation strategy. This includes making adjustments to its manufacturing footprint, optimizing supply chain logistics, and applying surcharges where appropriate.
Additionally, the company plans to leverage disciplined cost-cutting measures to largely offset the financial effects of these tariffs. These proactive steps aim to protect Danaher's profitability amidst global trade tensions.
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