Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
the tariffs and related uncertainty affecting the overall consumer confidence.
But the good news is we're seeing it come up. And I would say this is what we've been waiting and expecting to happen.
Due to the changes in trade policy, export volume fell in our higher-margin lanes and grew in our lower-margin lanes.
the growing need for a U.S. domestic solar supply chain, which is only accelerating with the advent of Gen AI and global tariff structures.
Our initial view of raw material costs is that they will be up low single digits, inclusive of tariffs with varying costs for individual commodities.
Our updated annualized impact is roughly $180 million with the inclusion of additional Section 232 derivative tariffs.
Tariffs were net neutral in the quarter.
I think as we discussed in prior calls... we'll make the appropriate trend picks for our loss costs, giving due credence to any tariff pressure, particularly in property or physical damage coverages.
We believe that tariffs must stay in place with no exceptions or loopholes until there are fundamental changes in the global steel industry.
the uncertainty regarding tariffs appears to be lessening as time passes.