- Trump's threats influenced Mark Carney's view on US ties, leading to calls for partnership amid trade war pressures.
- Under trade threats from the U.S. President, recommendations were submitted to the Finance Minister regarding how businesses could remain competitive.
- Buyers are cautiously re-entering the U.S. market as tariffs are imposed on goods from Canada.
- Trump administration tariffs raise costs, targeting imports from Japan, Canada, and India, affecting companies like Caterpillar.
An analyst research note was released on tariffs affecting Caterpillar Inc., which is based in Irving, Texas, involving Citigroup.
1 report, 1 independent
Updated Aug 29
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What happened
An analyst research note was released on tariffs affecting Caterpillar Inc., which is based in Irving, Texas, involving Citigroup.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Trump administration tariffs raise costs, targeting imports from Japan, Canada, and India, affecting companies like Caterpillar.Also in this story
- Caterpillar's tariff warnings spark concerns across the heavy-equipment sector.
- Lindsey Graham criticized Norway's fund for divesting from Caterpillar due to ethical concerns, amid Trump administration tariffs on Norwegian goods.
The entities involved
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Caterpillar Inc.
American corporation which designs, manufactures, markets and sells machinery and engines
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Irving
city in Dallas County, Texas, United States
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Citigroup
American investment bank and financial services corporation
Related events
- Caterpillar Inc. is gaining market share in North America.
- Caterpillar Inc. provides equipment in the US market.
- XBP Global has established its headquarters in Irving, Texas, and operates a European subsidiary.
- Both Caterpillar Inc. and Corning are currently being evaluated as potential investment targets.
- 7-Eleven, Inc., a convenience store chain, is headquartered in Irving, Texas. Brandon Brown serves as SVP for Fresh Foods.
Coverage
Newest first; wire copies grouped- BloombergCaterpillar Warns Tariff Impact Bigger Than Previously Seen (Bloomberg) -- Just three weeks after its last quarterly report, Caterpillar Inc. is warning investors it now expects tariffs to have an ev