Caterpillar lifts 2025 tariff cost estimate to as much as $1.8 billion
(Reuters) -Caterpillar on Thursday raised its estimate of tariff-related costs for 2025, citing additional levies and clarifications.
The heavy equipment maker now expects a tariff hit of $1.5 billion to $1.8 billion this year, up from its prior forecast of up to $1.5 billion.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Maju Samuel)