Former President Donald Trump issued a warning Monday about imposing 200% tariffs on John Deere products if the company relocates its manufacturing operations to Mexico.
Trump engaged with local farmers and manufacturers during an event in Smithton, Pennsylvania, about the impact of China’s economic policies on the U.S. economy, according to the Associated Press. The former president highlighted his economic strategy against Vice President Kamala Harris by pointing out the potential benefits of tariffs and increased energy production, which he argued could help lower costs and protect local industries.
Trump highlighted John Deere’s recent decision to move some manufacturing to Mexico, and he threatened a 200% tariff on the company should it proceed with its plans under his potential administration, the AP reported.
JUST IN: Donald Trump points at the tractors behind him, tells John Deere that if they move their business to Mexico he is going to put a 200% tariff on them.
The comments came while Trump was speaking to farmers in Pennsylvania.
“I will tell you that I just noticed… pic.twitter.com/5wpEAuTEo4
— Collin Rugg (@CollinRugg) September 23, 2024
“I just noticed behind me John Deere tractors, I know a lot about John Deere. I love the company, but as you know, they announced a few days ago that they’re gonna move a lot of their manufacturing business to Mexico,” Trump said, according to a video posted on X. “I’m just notifying John Deere right now. If you do that, we’re putting a 200% tariff on everything that you wanna sell into the United States. So that if I win, John Deere is gonna be paying 200%.”
John Deere previously announced that it will lay off roughly 610 employees across three of its plants in Illinois and Iowa. The company announced on May 31 that it will relocate skid steer and compact track loader production from Dubuque, Iowa, to Mexico by the end of 2026 as part of a broader strategy to enhance efficiency and manage rising manufacturing costs amidst changing business conditions.
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