Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
The immediate challenge is obviously navigating the impact of tariffs here in the U.S.
We under-performed the market in China, due to the market access restrictions imposed on U.S. companies.
We will fully offset the existing 2025 tariff impact.
We expect U.S. tariff policies to encourage more Bitcoin mining-related manufacturing in the U.S. and anticipate a continued shift towards more balanced trade measures.
A fluid tariff environment has led us to broaden our guidance range as we actively work to mitigate impacts to both our customers and Deere.
While we expect limited direct impact on the product tanker market, the full implications remain difficult to predict at this stage.
We believe inflationary pressures will have the highest impact on certain long tail casualty classes, which are already under reserving pressure.
President Trump's aggressive tariff negotiations and policy shift since taking office have raised uncertainty in traditional forecasting models.
Our fiscal 2026 outlook of $9.90 to $10.15 includes $30 million of tariff costs.
Despite heightened market uncertainty driven by tariffs, policy shifts and regulatory changes, we remain confident in our ability to achieve our outlook for the year.