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Roy Jakobs

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Philips navigates U.S. trade investigation with tariff mitigation, strategic investments 

November 7, 2025Liz Beaulieu, Editor

AMSTERDAM – Royal Philips is controlling what it can in response to a U.S. investigation into the potential national security risks associated with imported medical equipment and other tariff-related threats, says Roy Jakobs.  A previous investigation under Section 232 of the Trade Expansion Act of 1962 resulted in higher tariffs for the steel industry.  “We are, of course, following the 232 and are engaged because...

Philips, Roy Jakobs, Section 232 trade investigation, tariffs

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