Businesses across the U.S. have absorbed an estimated $30 billion in monthly tariff costs to protect consumers and buyers from price hikes, a strategy that has held firm amid escalating trade tensions ...

This tariff absorption was not a vacuum; it was framed by an already growing price of vehicles in the wake of the pandemic. The cost-hiking frenzy that the COVID epidemic had already unleashed on ...

Painter stated, "we're not assuming any recovery in our key end markets" and that cost actions are being taken regardless of demand improvement. Working capital improvements are expected to contribute ...

(4) Primarily reflects the impact of fixed cost absorption, maintenance expense, and the purchase of feedstocks which are normally manufactured by the Company. (5) During the multi-site planned plant ...