Caterpillar Shares Drop Amid Tariffs
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Business & Economics
Caterpillar Stock Slides as China Levies Retaliatory Tariffs

83% Informative
Caterpillar ( CAT ) shares fell Friday amid concerns over the impact of retaliatory tariffs on the company’s global construction footprint.
Caterpillar shares slid more than 5% in recent trading after China 's finance ministry said it would implement a 34% import duty on goods from the U.S. starting April 10 .
The construction company operates a global footprint and is considered a bellwether stock.
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