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Investors Take ‘See No Evil' Approach to Industrial Earnings
Investors Take ‘See No Evil' Approach to Industrial Earnings

Bloomberg

time11-07-2025

  • Business
  • Bloomberg

Investors Take ‘See No Evil' Approach to Industrial Earnings

To get Industrial Strength delivered directly to your inbox, sign up here. Actual results from manufacturing companies in the upcoming earnings season are likely to reflect the same surprising stability of the last period — even as the industrial economy continues to show signs of pressure. Earnings season kicks into high gear next week with Fastenal Co., General Electric Co., Snap-on Inc. and 3M Co. reporting their second-quarter results. The average tariff rates paid in the period — particularly as it relates to China — ended up lower than what was anticipated when companies formulated their profit guidance in the immediate aftermath of Trump's 'Liberation Day' announcement in early April. The worst start to the year for the US dollar since 1973 is also helping offset some of the tariff drag: A weaker domestic currency makes American goods cheaper abroad, boosting their appeal, while also increasing the dollar value of international sales that are repatriated.

Who Pays for Aerospace Tariffs? Maybe No One
Who Pays for Aerospace Tariffs? Maybe No One

Bloomberg

time11-04-2025

  • Business
  • Bloomberg

Who Pays for Aerospace Tariffs? Maybe No One

A standoff over higher costs from Trump's import taxes risks freezing the aviation supply chain and further dampening travel demand. By Save To get Industrial Strength delivered directly to your inbox, sign up here. The worst-case scenario of President Donald Trump's tariff policy has been postponed for at least three months, leaving the world with a still- cripplingly elevated level of import taxes and policy uncertainty. In the weeklong period of chaos between when the sky-high, sweeping 'reciprocal' levies were announced and when they were halted, the aerospace industry has offered a real-time lesson on how such tariffs can upend entire supply chains.

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