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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 ...
John Deere first announced plans to move some of its production to Mexico in June following layoffs. Donald Trump has lodged a hefty threat against John Deere: move manufacturing to Mexico, and ...
Former President Donald Trump, campaigning in Pennsylvania, threatened a 200% tariff if Deere carries out plan to move some production to Mexico.
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.
Additionally, on September 14, some John Deere workers picketed the John Deere World Headquarters in Moline, Illinois in response to some of the issues they had with the company. [7] On October 1, the existing contract between the union and company expired, but the two sides agreed to a temporary extension while negotiations continued. [8]
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 .
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.