Caterpillar raises expected impact of tariffs, says full-year costs could hit $1.8B

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Caterpillar (NYSE:CAT) -2.7% post-market Thursday after disclosing it now expects the net impact from tariffs in the $1.5B-$1.8B range this year, up from a previous estimate of $1.3B-$1.5B, as well as a $500M-$600M impact in Q3, compared to its earlier outlook for $400M-$500M.

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