Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
The tariffs... created some volatility, which often benefits us, but it was very short-lived.
We are in communication with our franchisees and at current tariff levels do not see a material impact to our 2025 targets.
Less than 5% of our cost of sales is projected to be impacted by tariffs, with the majority of the impact related to purchases of aluminum and steel using our railing and fastening products.
We estimate the gross impact of tariffs that have been implemented by the US... will be nearly $150 million for 2025.
With the incremental 1125% Chinese tariff, and our Chinese sourced goods subject to a tariff of at least 145% in some cases, up to a 70%, we've determined there's no way or no playbook that we can use to cover these incremental costs.
As things stand the direct impact of tariffs on News Corp is expected to be immaterial.
Many of them have gotten ahead of the whole tariff impact by bringing inventory here sooner.
We have not seen a material impact on our business related to tariffs.
Early April brought heightened equity and bond market volatility following the announcement of new tariffs.
If the incremental 145% tariff on China remains in place, along with the 10% on all other sourcing destinations, this would imply a cost of approximately $130 million on an annualized cash basis based on our current sourcing mix.