Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 96

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 96
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 material adverse effect on our operations and financial results.

If significant tariffs or
other restrictions are imposed on imports by the U.S. and related countermeasures are taken by foreign countries, our business, including
results of operations, cash flows and financial condition, may be adversely affected. In January 2025, during the initial days of U.S.
President Trump’s second term, the U.S. announced the imposition of additional substantial tariffs on imports from various countries,
including China, Canada and Mexico, and the subject countries have imposed or indicated their intention to impose counter measures. In
February 2025, the U.S. imposed tariffs of 10% on all imported goods from China, followed by an additional 10% tariff in March 2025. The
U.S. also imposed a 25% tariff on all steel and aluminum imports, beginning in March 2025. On February 13, 2025, President Trump ordered
his trade advisers to come up with “reciprocal” tariffs on U.S. trade partners to retaliate against taxes, tariffs, regulations
and subsidies and on April 2, 2025, announced new tariffs on many U.S. trading partners, including a universal baseline tariff of 10%
on all imported goods, and country specific tariffs such as an additional 34% tax on imports from China (leading to an effective rate
of 54% when combined with existing tariffs) and 20% on products from the E.U. Specific products that are being tariffed, such as automobiles,
were to be exempted from the new tariffs, and tariffs on products such as pharmaceutical drugs were to be announced at a later date. Following
a period of market turbulence, on April 9, 2025, President Trump announced a 90-day pause to the tariffs announced on April 2, 2025 for
most countries. Countries subject to the pause on the tariffs are still to be subject to the baseline 10% tariff. This consequently lowers
the tariff rate for the E.U., Japan, and South Korea, among other countries. However, U.S. President Trump announced an increased tariff
rate against Chinese imports of a minimum 145%. These and other tariffs and countermeasures could increase the cost of equipment necessary
for our operations, disrupt global supply chains and create additional operational challenges. Additionally, ongoing trade tensions and
uncertainty regarding future trade policies could negatively impact global economic conditions and consumer confidence, further affecting
our business performance.

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