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Caterpillar warns of $1.5 billion hit as tariffs to hurt profit more in second half
Caterpillar posted weaker-than-expected quarterly profit and warned U.S. tariffs could pose significant headwinds in the second half and cost the construction and mining equipment maker up to $1.5 billion in 2025.
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.
Polls these days seem to be generating more confusion than clarity. How Donald Trump will fare requires looking at ...
As radical increases in US tariffs begin to redefine the country’s trading relationships, American consumers are getting a ...
Switzerland’s president and other top officials were traveling to Washington on Tuesday in a hastily arranged trip aimed at ...
DuPont stock climbed as it said strength in electronics, healthcare and water end-markets outweighed the hit from import ...
A U.S. decision last week to exempt refined copper metal from import duties is in contrast to an earlier move to levy steep ...
The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take ...
Louis Gave sees the possibility that the hundreds of billions of dollars invested in artificial intelligence turns out to be ...
1hon MSN
President Donald Trump joins 'Squawk Box' via phone to discuss the trade negotiations around the world, the oil policy, and ...
Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it’s becoming a case study of ...
Second-quarter adjusted earnings came in at 78 cents a share on revenue of $14.7 billion, beating expectations.
President Donald Trump's order imposing new tariffs on scores of countries and the European Union starting in seven days has ...
President Trump on Tuesday said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week ...
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