J&J CFO Says 2Q Results 'Not Related to Trade Wars'

The video discusses the impact of trade wars on business, highlighting that the stronger dollar is partly due to trade issues between China, Europe, and the US. Despite this, the healthcare sector remains robust, with minimal tariff impact. The discussion shifts to legal challenges faced by Johnson & Johnson regarding talcum powder and its alleged link to cancer. The company defends its products based on scientific evidence, supported by institutions like the National Cancer Institute and the FDA.

What is the primary reason for the stronger dollar affecting the business?

• Increased domestic sales

• Higher operational costs

• Trade issues between major economies

• Improved medical devices

Which sector showed significant growth alongside pharmaceuticals?

• Consumer electronics

• Agriculture

• Automobile industry

• Medical devices

What is the main concern regarding tariffs in the company's business?

• Reduction in pharmaceutical sales

• Decrease in domestic growth

• Effect on consumer units

• Impact on medical procedures

What is the company's response to the legal challenges regarding talcum powder?

• They plan to settle all cases

• They will discontinue the product

• They rely on strong scientific evidence

• They will increase product prices

Which organizations support the company's scientific stance on the talcum powder issue?

• World Health Organization

• National Cancer Institute and FDA

• Environmental Protection Agency

• American Medical Association