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IV bag maker Baxter International says Trump tariffs will cost it $60M–$70M this year

By Ars Technica  
   May 05, 2025

Baxter International, a prominent healthcare and pharmaceutical manufacturer, reports that President Trump's tariffs will likely cost the company $60 million to $70 million this year. Baxter makes a number of pharmaceutical and hospital products, but may be best known for being a leading source of IV fluid bags. 

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