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Barchart
Barchart
Wajeeh Khan

Trump Just Gave Caterpillar Stock a Boost. What to Know.

Caterpillar CAT

Caterpillar (CAT) shares extended gains on June 3 after the White House slashed Section 232 tariffs on bulldozers, forklifts, and agricultural equipment from 25% to 15%.

According to the presidential proclamation that President Donald Trump signed earlier this week, the tariff reduction will take effect on June 8 and will remain in force through the end of 2027.

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