© 2021 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Caterpillar Says Tariffs Mean It Will Have To Raise Prices

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 2020 NPR. To see more, visit https://www.npr.org.