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When will Trump announce the imposition of a 200% tariff on John Deere products?
3
Resolution / Starting Odds
Before October 31, 2024 • 25%
Between November 1, 2024 and November 30, 2024 • 25%
Between December 1, 2024 and December 31, 2024 • 25%
No announcement by the end of 2024 • 25%
Official announcements from the U.S. government or credible news sources
Story
Trump in Pennsylvania Threatens 200% Tariff on John Deere if Production Moves to Mexico
Sep 23, 2024, 08:49 PM
Former President Donald Trump has threatened to impose a 200% tariff on John Deere if the company moves its manufacturing business to Mexico. Speaking in Pennsylvania, Trump emphasized his commitment to protecting U.S. manufacturing jobs, stating that the 200% tariffs would apply to all John Deere products sold in the United States. This announcement follows John Deere's plans to relocate a significant portion of its production to Mexico. Trump also mentioned that he would not require congressional approval to implement these tariffs, highlighting his unilateral approach to trade policy. The news has already impacted John Deere's stock, which fell over 1% in after-hours trading.
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