Honeywell Int Inc. $HON has recently announced an upward revision of its earnings per share (EPS) forecast for the current financial year. The industrial conglomerate, headquartered in Charlotte, North Carolina, stated that it plans to offset tariff risks estimated at around $500 million through price adjustments and other profit protection measures.

Last week, the US dollar experienced its worst week in the past 14 months, capturing the attention of analysts and market participants globally. The easing of tariff threats has contributed to the dollar's weakening, shifting the dynamics in the international market.