Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 42

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 3
Chunk 42
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 and other requirements. Many healthcare laws
and regulations are complex, and their application to specific solutions, services and relationships may not be clear. In particular,
many existing healthcare laws and regulations, when enacted, did not anticipate the solutions and services that NewGenIvf provides, and
these laws and regulations may be applied to its solutions and services in ways that NewGenIvf does not anticipate. Efforts to reform
or revise aspects of the healthcare industry or to revise or create additional legal or and regulatory requirements could impact its operations,
the use of its solutions and services, and its ability to market new solutions and services, or could create unexpected liabilities for
it. NewGenIvf also may be impacted by laws, industry standards and other requirements that are not specific to the healthcare industry,
such as consumer protection laws and payment card industry standards. These requirements may impact its operations and, if not followed,
could result in fines, penalties and other liabilities and adverse publicity and injury to its reputation.

There is a risk that existing
or future laws may be interpreted in a manner that is not consistent with the healthcare industry’s current practices and could
have an adverse effect on NewGenIvf’s business, financial condition, results of operations and growth prospects.

Significant
tariffs or other restrictions imposed on imports by the U. S. and related countermeasures
taken by impacted countries could have a 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,