business / news / / Peoria Journal Star
Caterpillar expects the financial impact from tariffs in 2026 to be slightly lower than previously projected.
Caterpillar lowered its 2026 tariff impact estimate from $2.6 billion to $2.2-$2.4 billion.
KEY POINTS
- Strong demand for AI data center engines and turbines is significantly boosting Caterpillar's growth.
- Joe Creed confirmed on the earnings call that tariff headwinds in 2026 have been revised downward.
- Caterpillar's first quarter revenues increased by 10% to $947 million compared to last year.
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