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John Deere announced earlier this year that it would lay off over 800 workers across factories in ... The company is far from the first targeted by Trump over moving production to Mexico, though ...
In June 2022, Deere announced plans to move tractor cab production from its Waterloo, Iowa plant to Mexico, with the transition slated for completion in 2024. Further relocations are on the way.
Trump threatened a 200% tariff on John Deere if it moves some of its manufacturing to Mexico. Experts say the tariff would harm US-Mexico relations, cost consumers, and may not even be feasible.
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.
But imposing such a hefty tariff on John Deere, Cuban said, would be counterproductive. "Put a 200% tariff on the American company moving some production to Mexico," Cuban wrote on X.
The John Deere World Headquarters is a complex of four buildings located on 1,400 acres (570 ha) of land [1] at One John Deere Place, Moline, Illinois, United States. [2] The complex serves as corporate headquarters for agricultural heavy equipment company John Deere .
As the deadline passed with no new contract proposal, the workers went on strike on October 14, 2021. [10] At the plant in Milan, Illinois, strikers almost immediately began picketing, [10] and UAW President Ray Curry voiced his support for the strike, saying, "The almost one million UAW retirees and active members stand in solidarity with the striking UAW members at John Deere."
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 ...