Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Despite this, we remain focused on what we can control, providing excellent customer service and executing on our strategic initiatives to make the business smarter, faster, and better.
We estimate there would be a cost impact of around $250 million, assuming current tariff rates remain in place for the rest of the year.
The April 2 tariff announcement was a shock for the markets.
We estimate that about 1.4% of total loans could be adversely impacted by the proposed tariffs.
we are paying close attention as you would expect to the tariffs. And it is a very fluid situation as everyone has an appreciation.
the combined impact of tariffs and other potential federal government actions has increased economic uncertainty.
the tariff deals kind of shook everybody up a little bit.
Much attention is focused on US trade policy; uncertainty is also arising around other topics such as taxes, geopolitics, interest rates, deficits, and deregulation.
some of what we finance gets imported and decisions to defer.
Based on our top-down view of our industry concentrations, we believe this direct exposure will prove to be limited.