BofA notes that President Trump today said there would be a one-month exemption for USMCA-compliant goods, which the firm views as “a net positive for Medtech,” especially those medical technology companies that have the most exposure to Mexico, including Conmed (CNMD), Teleflex (TFX), Haemonetics (HAE), Intuitive Surgical (ISRG), Merit Medical (MMSI), Medtronic (MDT), Becton Dickinson (BDX) and Baxter (BAX).
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