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Norway's $2 trillion wealth fund divests from Caterpillar over Gaza bulldozer use, prompting U.S. opposition.
ByAinvest
Thursday, Sep 4, 2025 12:12 am ET1min read
The Trump administration has expressed opposition to Norway's $2 trillion sovereign wealth fund divesting from Caterpillar Inc. over allegations of the company's bulldozers being used in Israeli operations in Gaza. The State Department has engaged directly with the Norwegian government on this matter. Republican Senator Lindsey Graham has proposed retaliatory measures, including tariffs and visa revocations.
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