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John Deere announced earlier this year that it would lay off over 800 workers across factories in Illinois and Iowa. ... Trump warns John Deere of ‘200% tariff’ but market shrugs off the threat.
WASHINGTON (Reuters) -Donald Trump said on Monday he would slap a 200% tariff on John Deere's imports into the United States if the company moved production to Mexico as planned, comments that hit ...
Trump raised eyebrows by threatening to impose 200% tariffs on Deere if the company goes forward with plans to lay off staff in the Midwest and move some production to Mexico by the end of 2026 ...
And he noted the tractors behind him were manufactured by John Deere, which announced in June it was moving skid steer and track loader manufacturing to Mexico and working to acquire land there for a new factory. Trump threatened the firm with a 200% tariff should he win back the presidency and it opted to export manufacturing to Mexico.
WASHINGTON — Donald Trump says he will slap a 200% tariff on John Deere's imports into the United States if the company moved production to Mexico as planned, comments that hit the agricultural ...
“I’m just notifying John Deere right now, if you do that, we’re putting a 200 percent tariff on everything you want to sell into the United States, so that if I win John Deere is going to be ...
Deere & Company, doing business as John Deere (/ ˈ dʒ ɒ n ˈ d ɪər /), is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy equipment and lawn care equipment.
In March 2020, the company asked for Section 301 tariff relief for their Kensington laptop docking stations, which had 25% tariffs due to Trump's 2018 China–United States trade war. The company's relief application said sales had increased 200% and they were needed for healthcare workers. [11] [12]