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Caterpillar Says Tariffs Mean It Will Have To Raise Prices

Published July 30, 2018 at 11:33 AM CDT

The equipment manufacturer Caterpillar reported record profits per share in the second quarter, but the company also said it will have to raise prices because of new tariffs.

Here & Now‘s Jeremy Hobson discusses the latest with CBS News business analyst Jill Schlesinger (@jillonmoney), host of “Jill on Money” and the podcast “Better Off.”

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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