Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
we estimate that this will cost us between 20 and 40 basis points of margin in the second half.
It does appear that the administration's focus is on fair trade... businesses have had now a couple of months to think through the impact on their business, on their supply chains and other things.
Unfortunately -- rather fortunately, the fundamentals to drive higher deal activity and a pickup in loan demand remain intact, and we feel well positioned to capture the opportunity and to deliver good results.
we're still forecasting high single-digit growth and absorbing the impact of tariffs, which we now expect to be just $200 million of impact.
a risk-off patch posture, adopted by investors responding to tariff-driven market uncertainty at the beginning of the quarter.
while tariffs are not yet certain, I think the market and most businesses have a much better read on how they'll manage in a narrower range of outcomes.
we really haven't seen really any impact of tariffs across any of our businesses, not certainly not in any meaningful way.
There's a value to them and running with a little bit of extra inventory and that supports utilization.
we feel good about the mitigating actions that we've already taken.
Heightened tariffs are resulting in additional costs for us and our supply chain.