- Tariffs and protectionist policies are causing market volatility and diplomatic friction in the U.S.-China relationship.
- Trump's tariff policies are affecting domestic manufacturers like Deere & Company due to the economic battle with China.
Both Caterpillar and Deere face negative tariff impacts on their profit margins.
3 reports, 3 independent
Updated Aug 30
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Both Caterpillar and Deere face negative tariff impacts on their profit margins.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Both major manufacturers are facing margin pressure due to tariffs.1 source
Creed highlighted strong demand despite tariffs hurting Caterpillar's margins.1 source
Keep exploring
Part of
Trump's tariff policies are affecting domestic manufacturers like Deere & Company due to the economic battle with China.Also in this story
- The Trump administration lowered import tariffs on equipment, while Deere & Company remains headquartered in Moline, Illinois.
- Trump imposed tariffs on auto imports while Chinese brands compete with Japanese automakers.
- Tariffs imposed by Trump's trade policies affected meatpackers, leading to resumed U.S. exports to China.
The entities involved
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Caterpillar Inc.
American corporation which designs, manufactures, markets and sells machinery and engines
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Deere & Company
American agricultural and industrial auto manufacturing corporation
Nothing else this week.
Related events
Coverage
Newest first; wire copies grouped- ZacksCAT May Face $1.8B Tariff Impacts This Year: Are Margins at Risk? Caterpillar Inc. CAT in its latest filing has revealed that it anticipates a larger hit from tariffs in 2025 than previously expected
- Journal StarWhy Caterpillar and John Deere are counting the costs of Trump administration tariffs Industrial machinery makers are being battered by steeper costs from U.S. President Donald Trump's sweeping tarif
- StockStory5 Revealing Analyst Questions From Caterpillar’s Q2 Earnings Call Caterpillar’s second quarter reflected operational resilience, with flat year-on-year sales and revenue that slightly exceeded Wall S