Donald Trump Threatens John Deere With 200% Tariffs If It Moves Manufacturing To Mexico

[ad_1]

Former president Donald Trump threatened John Deere with a 200% tariff if the agriculture machinery maker would move production to its factories in Mexico.

CNBC revealed that Trump aired his thoughts on the matter during a policy roundtable, which was hosted by Protecting America Initiative in Smithton, Pennsylvania.

"I just noticed behind me John Deere tractors. I know a lot about John Deere, I love the company," Trump stated during the event, The Hill reported.

"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% tariff on everything that you want to sell into the United States," he added.

During the campaign, Trump has made tariff imposition as one of his key focuses when it comes to economic policies.

Layoffs were carried out recently at John Deere's facilities in Iowa following an announcement that the company is making plans to shift the production of some of its models to Mexico.

Trump noted that the move hurts American farmers, as well as the manufacturing industry.

A look at the website of the company would show a page with the title "John Deere's Commitment To U.S. Manufacturing," where it outlined the company's pledge to the manufacturing sector of America.

However, the page says, "In order to position our U.S. factories to undertake these highly value-additive activities it is sometimes necessary to move less complex operations, such as cab assembly, to other locations."

For the first time, Trump has pinpointed John Deere in relation to his economic policies. It would seem though that it was an unprepared statement and may have been prompted by the tractors that were set up as the event's backdrop.

Aside from John Deere, Trump also previously pointed fingers at automakers that manufacture their cars in Mexico, telling them that they better stay in Michigan or else they run the risk of doubling their tariffs.

"We're going to put big tariffs on those cars that are coming in here at 100[%] to 200%, and they're no longer going to be competitive," said Trump.

[ad_1]

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=66f2adcbb700488ea9bdeeef40e32b3f&url=https%3A%2F%2Fwww.ibtimes.com%2Fdonald-trump-threatens-john-deere-200-tariffs-if-it-moves-manufacturing-mexico-3744388&c=17227691691641864118&mkt=en-us Author : Publish date : 2024-09-24 00:29:00 Copyright for syndicated content belongs to the linked Source .

M	T	W	T	F	S	S
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30	31

Donald Trump Threatens John Deere With 200% Tariffs If It Moves Manufacturing To Mexico

Arizona public schools rank dead last. Thank the GOP-run Legislature

This year’s GAT Santo Domingo was consolidated as a central event in the Caribbean region

This year's GAT Santo Domingo was consolidated as a central event in the Caribbean region

Suriname Celebrates Milestone: Officially Declared Malaria-Free!

Heartbreaking Drone Strike: Were Two Trinidadians Victims of a U.S. Attack Near Venezuela?

Don’t Miss a Moment: Stream the Thrilling Uruguay vs. Peru Showdown in the Copa America Femenina Today!

Discovering the Untold Story: The 50-Year Quest for the U.S. Purchase of the Virgin Islands

Lawmakers Demand War Powers Vote as Tensions Rise Over Trump’s Venezuela Threat

Alabama’s Automakers Prepare for Trump’s Tariffs: A Bold New Strategy Unfolds!

Heartbreaking Tragedy Exposes Critical Failures in America’s Pedestrian Safety

Uncover the Caribbean’s Best-Kept Secret: The Island Everyone is Talking About for Its Safety!

Antigua and Barbuda Poised to Shine as the Caribbean’s Second Fastest Growing Economy!

Exciting News: Aruba Reopens Its Borders to Latin America on December 1!

Categories

Archives