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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.
Billionaire Mark Cuban, who has endorsed Vice President Kamala Harris for president, told Fox News this week that Trump’s 200% tariff threat on John Deere will just make it easy for Chinese ...
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 ...
While campaigning for his second term as U.S. president, Trump vowed to implement even larger tariffs, including a 60% tariff on China, 100% on Mexico, and 20% on all other countries. He also proposed using tariffs to penalize American companies that outsourced manufacturing, such as imposing a 200% tariff on John Deere. [2]
The president has since suggested various tariff amounts, from a 60 percent tariff on products from China to a 200 percent tax on John Deere imports (yes, the tractor company).
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.
Former President Trump threatened Illinois-based John Deere on Monday with massive tariffs on its products if it outsources some of its manufacturing to Mexico as it had previously announced, the ...
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.