Tariff Instability and a Break with China Is Hitting American Companies Hard, and Homegrown Manufacturer John Deere Is No Exception

Tariff instability and a break with China is hitting American companies hard, and homegrown manufacturer John Deere is no exception

President Donald Trump has claimed to support domestic manufacturing, but his tariff policies have already hit farmers—and by extension homegrown manufacturer John Deere. An economic battle with China has hit farmers’ pockets as soybean exports to a large buyer fell. Meanwhile, tariff instability has forced farmers to exercise caution and cut back on new equipment purchases, which has affected John Deere’s bottom line.  John Deere is the kind of…

In Tariff Standoff With Trump, China Boycotts American Soybeans

U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal.