{"id":5835,"date":"2026-02-14T06:09:01","date_gmt":"2026-02-14T06:09:01","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/5835\/"},"modified":"2026-02-14T06:09:01","modified_gmt":"2026-02-14T06:09:01","slug":"roche-to-invest-us50-billion-in-u-s-to-avoid-trump-tariffs-create-12000-jobs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/5835\/","title":{"rendered":"Roche to invest US$50-billion in U.S. to avoid Trump tariffs, create 12,000 jobs"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/UYF3JC7J6REUJNWW6CUAIY7BQE.jpg?auth=4613027857780593f259dffda5f2e3d32dfb18ab69c71af8fcefddd0355fd554&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">The Roche Holding AG headquarters in Basel, Switzerland, on April 11.Sedat Suna\/Getty Images<\/p>\n<p class=\"c-article-body__text text-pr-5\">Roche said on Tuesday it would invest $50-billion in the United States over the next five years, creating more than 12,000 new jobs, in the latest massive investment by companies reacting to President Donald Trump\u2019s tariff policy.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The announcement comes as drugmakers unveil investments to deal with tariffs from the Trump administration, which is seeking to boost domestic manufacturing.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Fellow Swiss drugmaker Novartis <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/NVS-N\/\" target=\"_blank\" rel=\"nofollow noopener\">NVS-N<\/a> earlier this month said it would spend $23-billion in the United States, while Eli Lilly <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/LLY-N\/\" target=\"_blank\" rel=\"nofollow noopener\">LLY-N<\/a> and Johnson &amp; Johnson <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/JNJ-N\/\" target=\"_blank\" rel=\"nofollow noopener\">JNJ-N<\/a> also announced sizable investments recently.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The Roche and Novartis announcements gave a boost to Swiss President Karin Keller Sutter, who is set to meet senior U.S. officials in Washington this week to try to reduce a threatened 31 per cent U.S. tariff on Swiss exports.<\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cOur investments have also been aligned with the Swiss government and form part of the ongoing discussions between the U.S. and Switzerland,\u201d a Roche spokesperson said.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Chief Executive Thomas Schinecker said the investment underscored Roche\u2019s commitment to the United States, where it employs 25,000 people across 24 sites.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Of the 12,000 new positions, nearly 6,500 will be in construction and 1,000 at new and expanded facilities, the Swiss pharma giant said.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Once capacity comes online at the various facilities, Roche will export more medicines from the United States than it imports, the Basel company said.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The United States is a crucial market for Roche, which generated nearly 48 per cent of its sales there in 2024, thanks to blockbuster drugs like asthma and food allergy treatment Xolair and Ocrevus for multiple sclerosis.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Roche will expand its manufacturing and distribution centres in Kentucky, Indiana, New Jersey and California, although some of the projects have been previously announced.<\/p>\n<p class=\"c-article-body__text text-pr-5\">New schemes unveiled on Tuesday included a factory to make weight loss medicines, with the location yet to be announced, and a new plant for continuous glucose monitoring in Indiana.<\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cOur investments of $50-billion over the next five years will lay the foundation for our next era of innovation and growth, benefiting patients in the U.S. and around the world,\u201d Schinecker said in a statement.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The executive did not mention the threat of looming tariffs, although Roche has analyzed potential charges in recent weeks and was \u201cwell prepared to navigate them, apply mitigation measures, and adapt,\u201d a spokesperson said.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Roche said there were no plans to cut back on its investments in the rest of world, saying it would provide more details of its investment strategy over the next few weeks.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Last week, the Trump administration launched a probe into pharmaceuticals imports, as part of a bid to impose tariffs on the sector.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The timing and extent of the levies remain uncertain but the impact could be big, with close to $213-billion in pharmaceutical products imported to the U.S. last year, nearly triple 2014\u2019s $73-billion, according to the United Nations trade database.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The Roche Holding AG headquarters in Basel, Switzerland, on April 11.Sedat Suna\/Getty Images&hellip;\n","protected":false},"author":2,"featured_media":5836,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[1064,1051,1065,1042,1040,1066,563,1039,1057,1058,1054,1041,1038,39,1062,457,1056,1049,1077,1043,1044,70,1052,1053,899,1067,1047,1072,1073,1075,1070,1074,1068,1071,1045,1060,1061,69,1059,1069,134,1050,789,1063,1055,1048,1046,1076],"class_list":{"0":"post-5835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-roche","8":"tag-alberta","9":"tag-arts-news","10":"tag-bc","11":"tag-breaking-news","12":"tag-breaking-news-video","13":"tag-british-columbia","14":"tag-canada","15":"tag-canada-news","16":"tag-canada-sports","17":"tag-canada-sports-news","18":"tag-canada-trafficcanada-weather","19":"tag-canadian-breaking-news","20":"tag-canadian-news","21":"tag-economy","22":"tag-education","23":"tag-environment","24":"tag-federal-government","25":"tag-foreign-news","26":"tag-globe-and-mail","27":"tag-globe-and-mail-breaking-news","28":"tag-globe-and-mail-canada-news","29":"tag-government","30":"tag-life-news","31":"tag-lifestyle","32":"tag-local-news","33":"tag-manitoba","34":"tag-national-news","35":"tag-new-brunswick","36":"tag-newfoundland-and-labrador","37":"tag-northwest-territories","38":"tag-nova-scotia","39":"tag-nunavut","40":"tag-ontario","41":"tag-pei","42":"tag-photos","43":"tag-political-news","44":"tag-political-opinion","45":"tag-politics","46":"tag-politics-news","47":"tag-quebec","48":"tag-roche","49":"tag-sports-news","50":"tag-technology","51":"tag-travel","52":"tag-trudeau","53":"tag-us-news","54":"tag-world-news","55":"tag-yukon"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/5835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=5835"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/5835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/5836"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=5835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=5835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=5835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}