Former President Donald Trump has threatened to ramp up tariffs on John Deere if the company continues with plans to move production of some models to Mexico.
The machinery manufacturer has announced plans to shift production of some of its models from Iowa to Ramos, Mexico, specifically mid-frame skid steer loaders and compact track loaders. The move is scheduled to be completed by the end of 2026, around midway through the next presidential term.
Republican nominee Trump made his feelings known about the plan during a policy roundtable in Smithton, Pennsylvania, hosted by the Protecting America Initiative.
"They've announced a few days ago that they're going to move a lot of their manufacturing business to Mexico," Trump said. "I'm just notifying John Deere right now: If you do that, we're putting a 200 percent tariff on everything that you want to sell into the United States." Newsweek has contacted John Deere for comment via email outside of standard working hours.
However, the United States-Mexico-Canada Agreement (USMCA) signed by Trump in January 2020, a replacement for the North American Free Trade Agreement (NAFTA), prohibits the leverage of tariffs on a range of goods, allowing companies to manufacture in Mexico and Canada and export back to the U.S. without high costs.
Reply With Quote
Originally Posted by Bewitchingstorm
Any woman not voting Democrat in this election is an idiot and shooting herself in the foot. Any man with a woman in his life (wife, daughter, mother, sister) that he gives two shits about should also vote Democrat. If he votes Trump it tells you he doesn't give a shit about the women in his life.
Plus his old man dementia is making him forget what little he actually did know.