Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
The operating profit decline was driven by lower volumes and favorable price, tariff headwinds and mix.
The net impact from incremental tariffs was near the top end of our estimated $500 million to $600 million range for the third quarter.
Operating profit was impacted by lower volume and higher costs such as tariffs, commodities and inventory-related reserves.
There’s an extra dimension of uncertainty hanging over everyone’s heads here related to where policy direction might take us.
We started the year with volatility from tariffs and the uncertainty that continues to this day.
there is a tariff impact that we're dealing with, which is more or less consistent quarter-to-quarter.
the elimination of the de minimis exemption globally in late August
clients across industries are navigating elevated levels of uncertainty around trade policy and resulting impacts to their businesses.
we get a lot of feedback from customers that continue to have concerns over trade and the impact of the tariff environment.
International freight has been impacted by global trade policies, which caused previous front-loading, a dislocation of shipments and a softer than normal peak season.