Cochlear Awaits Further Details on US Tariffs on Australian Imports

MT Newswires Live

04/03

Cochlear (ASX:COH) said it expects further detail regarding the introduction of a 10% tariff on exports from Australia to the US in the US Customs and Border Protection Notice of Implementation, due to be published next week, according to a Thursday Australian bourse filing.

The firm imports its products under a chapter of the Harmonized Tariff Schedule of the United States, providing duty-free importation on a range of products into the US, including hearing implants.

Its shares fell over 1% in early trading on Thursday.

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