China’s central bank stepped in to stabilize the yuan with its daily reference rate, after the currency dropped to a two-month low in response to the dollar’s surge.

Raw copper materials will not face the high duty that had been expected, but consumer goods prices may still be impacted.

The company expects to achieve positive free cash flow for 2025, a shift from previous expectations of breakeven. Capital expenditures are forecast in the $650 million to $700 million range.