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@ Layer3.news
2025-03-06 06:11:16
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
WHY CATERPILLAR STOCK SLUMPED TODAY
https://s.yimg.com/ny/api/res/1.2/LKSvJxstgAIAj3v3O2aVpg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02MzM-/https://media.zenfs.com/en/motleyfool.com/88c72ac525c7ff56aab680c9938c8acf
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✍️ Caterpillar's shares dropped 3.2% due to the implementation of 25% tariffs on products imported from Mexico and Canada, and a 20% increase on products from China, which may impact the company's competitiveness and profit margins.
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👉 Caterpillar's shares dropped 3.2% due to tariffs on products from Mexico, Canada, and China
👉 The company's international sales and operations make it vulnerable to trade tensions
👉 Tariffs may lead to increased costs for manufacturing plants in China and Mexico
👉 Trade disruptions could raise the cost of procuring supplies and create logistical nightmares
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#DonaldTrump #Mexico #Canada #China #US #business
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