Caterpillar Projects Up to $1.8 Billion Loss Due to Tariffs
Caterpillar Inc. has issued a warning regarding the significant impact of tariffs on its business, now projecting potential losses of up to $1.8 billion this year. This forecast is notably higher than previous estimates, highlighting the growing financial strain from trade policies.
Caterpillar Projects Up to $1.8 Billion Loss Due to Tariffs
Caterpillar Inc. has issued a warning regarding the significant impact of tariffs on its business, now projecting potential losses of up to $1.8 billion this year. This forecast is notably higher than previous estimates, highlighting the growing financial strain from trade policies.
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