** Shares of U.S. medical device makers decline between 1% and 3.5% premarket
** GE Healthcare GEHC.O and glucose monitor manufacturer Dexcom DXCM.O both decline 3% each
** President Donald Trump imposed an additional 34% tariff on China, 20% tariff on EU and 25% tariff for some goods from Canada and Mexico
** Tariffs imposed on these geographies could hurt R&D spending, availability of certain devices and cause supply chain disruptions for these device manufacturers, Citi analysts wrote in a note
** Some firms such as Boston Scientific BSX.N and GEHC have accounted for impact of tariffs in their fiscal 2025 guidance, while others such as Abbot ABT.N and DXCM have not
** Shares of medical device firms Abbott ABT.N and Boston Scientific BSX.N also fall over 1% before the bell
** As of last close, ABT up ~17%, BSX up 12% and GEHC up 1.5%, while DXCM down 12.4% YTD
** S&P 500 Health Care Equipment sub index .SPLRCMED is up 5.4% so far this year
(Reporting by Bhanvi Satija in Bengaluru)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))
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