New York, Aug 5, 2025 (AFP) - Caterpillar profits drop on tariff hit

NAMPA / AFP
2025-08-05
Caterpillar reported lower profits Tuesday due to a tariff hit it expects will worsen in the second half of 2025, but lifted its revenue forecast on strong demand. The industrial giant reported an 18.8 percent slide in second-quarter profits to $2.2 billion, blaming most of the drop on higher manufacturing costs from tariffs. Revenues dipped by around one percent to $16.6 billion. Caterpillar saw operating profits increase in its energy and trans......
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OPUWO, 04 August 2025 - Electoral Commission of Namibia Kunene Regional Election Officer, Mike Nganjone. (Photo: Contributed)

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OTJIWARONGO, 04 AUG (NAMPA) - Otjozondjupa Governor John //Khamuseb at the official opening of a weeklong consultative workshop for the Parliamentary Standing Committee on Gender Equality, Health and Social Welfare on Monday morning at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

OTJIWARONGO, 04 AUG (NAMPA) - Otjozondjupa Governor John //Khamuseb at the official opening of a weeklong consultative workshop for the Parliamentary Standing Committee on Gender Equality, Health and Social Welfare on Monday morning at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 04 August 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Welfare is meeting at Otjiwarongo this week to discuss issues surrounding access to health services, gender equality, and the social welfare of women, children and other vulnerable groups. (Photo by: Mulisa Simiyasa) NAMPA

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(Photo contributed) NAMPA

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