Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
We estimate that we will see about a 50 basis point ongoing impact from tariffs.
We started seeing the impact of tariffs in our P&L. Sequentially, the cost of tariffs increased around $300 million...
We're a bit cautious because of the near-term pull-ins perhaps as a consequence of various tariff scenarios.
We now expect the impact of 2025 tariffs to be roughly half of our expectations in April to a range of $25 million to $35 million, reflecting more favorable reciprocal tariff rates and our mitigation efforts.
The tariff impacts are creating both short- and long-term dislocations in markets.
Given federal deficits, a weakening dollar and our country's trade policies, I expect the trend is towards higher inflation and a steeper yield curve.
we will need to manage that against the backdrop of executive orders, agency rulemakings, tariffs and trade actions.
During the quarter, our team aggressively mobilized to take the actions to navigate the policy environment and minimize the impact of tariffs for 2025 and beyond.
The impact from tariffs in the third quarter was approximately 1.5% of sales with minimal earnings impact.
We're monitoring very closely the impact of tariffs... but we're really getting down into the data to understand what it could mean.