By Jamie Martin
At a Pennsylvania roundtable, former President Donald Trump announced plans to impose a 200% tariff on John Deere imports if they continue to move manufacturing jobs to Mexico. He emphasized his commitment to American manufacturing and agriculture, criticizing Deere's decision which he believes undermines U.S. farmers by shifting production to lower-cost facilities abroad.
Trump highlighted the potential impact on local economies and jobs, referencing the significant number of workers Deere employs across the U.S. He also expressed personal disappointment, citing his considerable purchases from Deere for his properties.
Deere, known for its substantial investment in U.S. manufacturing, has not responded to these threats. The company has invested over $2 billion in American factories recently, despite planning expansions in Mexico.
The proposed tariffs reflect Trump's broader trade policy stance from his previous term, where he frequently warned businesses about penalties for relocating jobs overseas. He reiterated the punitive measures would apply to other companies considering similar moves, aiming to discourage the outsourcing trend.
This move comes amidst broader discussions about the influence of foreign interests on U.S. agriculture, including concerns over China’s role in the sector.
Trump contrasted his policy with potential outcomes under Vice President Kamala Harris, whom he claims would raise energy costs detrimentally for farmers.
The Harris campaign has countered by pointing to agricultural challenges during Trump's tenure, asserting his administration's policies favored large corporations over family farms.
Photo Credit: gettyimages-shotbydave
Categories: National