Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
This past quarter was dominated by headlines about tariffs and trade, many of this being close to home, especially regarding ethane and LPG.
While some tariffs were rolled back during the quarter, particularly with China, this relief did not meaningfully change their overall impact on us given our mitigation efforts are operational in nature and still moving forward as previously planned.
the tariff uncertainty that halted several export channels
the current tariff landscape is creating some added cost pressure.
I would say that there are certainly some customers in, let's say, particularly in some Latin American countries that are concerned, but we'll see how that plays out.
While tariffs remain in place, the actual impact on production and consumer demand appears rather limited.
we don't think there's anything in the back half of the year, that's an additional headwind as it relates to tariffs.
Our current estimated impact from tariffs is contained within our updated guidance.
the tariff impacts will become prominent and put some additional pressure.
Based on the tariffs that have been set, we believe the impact to our business for the 9 months will be $15 million to $20 million for FY 2025.