President Donald Trump’s tariff announcements are expected on Wednesday, April 2, which he is calling “Liberation Day.” Though details of his plan remain unclear, the president has said the tariffs are intended to strengthen the U.S. economy and bolster American manufacturing.
What To Know: Trump has predicted tariffs on goods coming into the U.S. will lead to investments in domestic manufacturing and companies reshoring their supply chains. Here’s a look at some companies that could benefit from large-scale reshoring efforts.
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Caterpillar Inc. (NYSE:CAT) is the world’s largest manufacturer of construction equipment and could benefit from a potential construction boom if …Full story available on Benzinga.com