Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
We monitor closely developments out of Washington and evaluate internally through our enterprise risk management framework, how various scenarios may impact our operations.
We estimate that approximately 56% of our new vehicle units in Q1 were produced in America and would be shielded from the tariffs.
We do not expect a meaningful tariff impact in 2025, as most of our upcoming aircraft deliveries are assembled in the United States.
Currently, LPG has not been excluded from the Chinese part tariffs, but admittedly, the situation is fluid.
We are seeing some impact mainly on areas like applicators, a little bit on pigment and extenders, a little bit on industrial resins is where we're seeing it.
Indirect auto lending remains more of a wild card given aggressive competition and the impact of tariffs.
tariffs and other trading friction will impact global economic activity, consumer spending, and supply chains over time.
Uncertainty surrounding global trade policies and other matters led to a drop in consumer confidence and muted demand from some enterprise and SMB customers.
While we'd welcome less uncertainty around tariffs, we have pricing and supply chain programs in place designed to offset the majority of the impacts from the current tariff scheme.
Recent tariff announcements and other trade headwinds, as well as potential cuts in NIH funding and grants, are anticipated to result in reduced R&D spend across non-clinical customer base.