Caterpillar (CAT.US) raises tariff cost warning: Annual impact could be as high as $1.8 billion!

According to the Zhitong Financial APP, Caterpillar Inc. (CAT.US) has issued a warning to investors, expecting that the impact of tariffs on the company this year could reach up to $1.8 billion, higher than the guidance range given in early August. In a regulatory filing released on Thursday, Caterpillar stated, "While the company has taken initial mitigating measures to reduce the impact of tariffs, trade and tariff negotiations are still in a state of dynamic change."