Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
We currently do not expect our exposure to direct tariffs to be significant or likely to drive a meaningful increase in our costs.
The President's implementation of reciprocal tariffs earlier this month... creates a significant economic headwind for our manufacturing facilities in these countries selling into the U.S. market.
While it's difficult to predict how tariffs will impact SMBs and the overall economy, because of the diversity, size and industry of our borrowers, we would not expect a substantial impact to our portfolio.
we’ve seen some customers pause some shipments while others are looking to pull in specific products given the dynamic nature of the global tariff executive orders taking place.
Isolated operating inefficiencies and lower utilization stemming from select customer decisions and stop and go activity from tariff-induced uncertainty.
We do think with our current pricing strategy that we can absorb any tariffs that come our way really just within the current strategy that we have.
While we do anticipate some impact, our guidance range includes what we believe to be the most likely scenarios at this time.
We estimate that annual impact could increase our total cost of goods sold by approximately 6% to 8% exclusive of mitigation efforts.
We expect a very modest impact to gross margin. The majority of our suppliers are within the United States.
We have implemented mitigation plans to minimize the impact of these tariffs in Q2.