October 23, 2018 / 1:30 PM / 20 days ago

United Technologies expects higher cost in 2019 due to tariffs

Oct 23 (Reuters) - United Technologies Corp said on a conference call on Tuesday it expects tariffs to cost about $200 million in 2019, double its prior estimate of about $100 million. The shares of the U.S. aerospace and industrial company fell 1.7 percent in premarket trading. (Reporting by Ankit Ajmera and Soundarya J in Bengaluru; Editing by Arun Koyyur)

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