Caterpillar falls after raising annual tariff hit forecast
By Anshuman Tripathy and Aishwarya Jain (Reuters) -Caterpillar’s shares lost as much as 3% before the bell on Friday, a day after the heavy-equipment maker forecast higher tariff-related expenses for 2025, as companies scramble to assess the impact of shifting U.S. trade policy. Industrial machinery makers are facing higher costs and sluggish demand from U.S….