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Caterpillar warns of $1.5bn tariff hit as trade tensions dent earnings
US construction equipment manufacturer Caterpillar posted a drop in earnings and warned of a hit of up to $1.5bn from Donald Trump’s tariffs, in a sign of how trade tensions are impacting the global companies it makes machinery for.
Caterpillar is taking a big hit on tariffs in 2025 -- and its top exec explained how it's trying to navigate it all.
Caterpillar shares seesawed back into the red in early trading Tuesday, after the maker of construction and mining equipment ...
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Caterpillar projects tariffs could cost the company up to $1.5 billion in 2025The impact of tariffs on the company is expected to be between $1.3 billion and $1.5 billion in 2025, the company's CFO said.
Caterpillar recorded slightly lower second-quarter revenue due to declining prices while its adjusted earnings were dented by ...
A wide variety of products will be affected, from appliances made in the European Union to autos from Japan to food, ...
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