“Trump threatens ’200% tariff’ if John Deere moves production to Mexico”
September 25, 2024
“Former President Donald Trump threatened John Deere with a 200% tariff if the agricultural manufacturer moves some of its production to factories in Mexico.
John Deere plans to shift production of some of its models to Mexico, a move that has resulted in layoffs at some facilities in Iowa.
Shares of Deere dipped about 1.6% in after-hours trading. Trump made the threat shortly after the closing bell…”
https://www.cnbc.com/2024/09/23/trump-john-deere-mexico-tariff-election.html