Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
we continue to closely monitor the impact on our business, including any changes to unemployment or other trends that may impact the credit environment.
We continue to have those daily with our clients of how that's going to affect their projects, how inflation is going to affect them.
Everest has completed a thorough assessment of our exposure to the new tariff regime, and we believe prolonged tariffs at current levels would put modest upward pressure on loss cost trend.
We expect the tariff impact to our business to be neutralized, and we are taking several near and medium-term actions to achieve this.
It's a little too early to tell exactly how tariff policy is going to play out.
We expect that timber pricing will likewise trend higher into the back half of the year in response to healthy demand from domestic sawmills and the impact of higher duties on Canadian lumber.
the outlook assumes this surcharge will be in effect throughout the remainder of the year. Of course, trade policy is very fluid.
Our cost expectations in the back half of the year further out are a little more uncertain, just with the potential for the uptick in activity, coming from the higher gas prices and still some lingering potential impacts from the ongoing tariffs.
I think a lot of the reason was because lack of inventory flow and the timing of when that inventory started to flow, it missed the full price selling season and therefore found itself into the outlet channel.
We are not immune to the global trades and economic pressures, and Ashland is proactively navigating this evolving landscape.