During a campaign event in Pennsylvania, former President Donald Trump threatened a 200% tariff on Deere & Co. if the company proceeds with relocating some manufacturing from the U.S. to Mexico. He urged Deere to reconsider its plans, emphasizing the negative impact on American jobs. This move comes as Deere has faced layoffs and announced a new factory in Mexico for construction equipment. Trump’s tariff proposals reflect a broader strategy to promote U.S. manufacturing, tapping into rural anxieties over job losses amid economic challenges.

Source: https://www.supplychaindive.com/news/trump-deere-tariffs-mexico-manufacturing-election/728083/