Jim Cramer Says Tariffs Will Become A 'Build-In Cost For Companies' As Caterpillar Takes Hit Amid Mixed Q2

U.S. Expands Tariff Policy Beyond China

After Caterpillar Inc. (NYSE:CAT) delivered a mixed second-quarter earnings result, CNBC’s ‘Mad Money’ host Jim Cramer highlighted how President Donald Trump‘s policies are reshaping corporate cost structures and may normalize tariff hits as a business expense.

What Happened: Caterpillar’s GAAP operating profit of $2.860 billion, representing a 17.3% margin, decreased by $622 million, or 18%, compared with $3.482 billion from the second quarter of the previous fiscal year.