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Caterpillar Expects Full-Year Tariff Net Impact of Up to $1.5 Billion
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Caterpillar Expects Full-Year Tariff Net Impact of Up to $1.5 Billion
Aug 5, 2025 8:50 AM

11:15 AM EDT, 08/05/2025 (MT Newswires) -- Caterpillar ( CAT ) expects the full-year 2025 net impact from incremental tariffs to be roughly $1.3 billion to $1.5 billion, Chief Financial Officer Andrew Bonfield said Tuesday on the company's earnings call.

"This assumes higher net incremental tariff impacts in both the third and fourth quarters compared to the second-quarter level," Bonfield said.

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