Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
In Q3, tariffs impacted our business by $31 million. For Q4, we currently expect a gross impact of about $60 million, increasing quarter on quarter due to Section 232 tariffs.
We continue to execute well and are offsetting the impact of tariffs through increased prices and other mitigation strategies.
Next year's US and Canadian truck market could be higher than this year, as we realize clarity around tariffs, emissions policy, and potential improvements in the freight market.
The administration continue to hold a firm position on 32 tariffs on steel and aluminum imports.
We are preparing for it, but we're not seeing anything particularly consequential yet.
Broader market softness and tariffs continue to impact our forest product and chemical markets.
the economy continues to hold up well despite ongoing concerns and uncertainty regarding tariffs and other policies.
we haven't seen a ton of impact to date from tariffs. But our results for the third quarter do include a small impact from tariffs.
While Snap-on is relatively advantaged in the current tariff environment, generally manufacturing products in the markets where they are sold, our costs can be affected by trade policies.
We feel good about the pipeline and the way it's developing. And you know we'll need to see how the transactions execute in Q4. But it feels like a good environment in terms of, for example, M&A at this point.