Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
tariffs have minimal impact on our supply chain.
Based on tariffs in place today, our estimated cost exposure in 2025 before mitigation action is about $500 million on an annualized basis.
The most substantial impact to date has been the significant tariff implemented on China.
a shift in sentiment driven by tariff concerns and a sell-off in the technology sector.
It is clear that this uncertainty is weighing on economic forecast causing significant volatility in raising the prospects of slower growth.
Since the announcement of the Trump tariffs and the trade wars that have ensued, we’ve seen a tremendous amount of uncertainty in rate volatility.
Our direct exposure is relatively limited. Energy has been largely exempted from tariffs.
Tariff taxes and regulation are on the three-legged stool to support these objectives.
Despite increased uncertainty due to the current tariff environment, we have updated our outlook, which includes higher sales largely due to foreign currency translation partially offset by slightly lower vehicle production in North America, and a modest reduction in margin.
We will fully compensate for the tariff impact through the actions described on this chart.