- Sep 13, 2002
- 99,314
- 208,532
- 113
The decline came after the release of Deere’s earnings report that also anticipates market challenges and declines will continue.
Deere’s report also warned that its forecast does not “reflect the impacts of potential import tariffs by the U.S. and retaliatory actions.”
For example, the threat of potential steep tariffs on Deere & Co. made last fall by then-presidential candidate Donald Trump amid that company’s announced layoffs of thousands of workers at its major production facilities.
Nor does it include the impact on farmers of the potential loss of $2 billion in U.S. commodity purchases that provide the U.S. Agency for International Development with humanitarian food aid after President Trump recently froze aid to that organization.
Full article: More Remorse
Deere’s report also warned that its forecast does not “reflect the impacts of potential import tariffs by the U.S. and retaliatory actions.”
For example, the threat of potential steep tariffs on Deere & Co. made last fall by then-presidential candidate Donald Trump amid that company’s announced layoffs of thousands of workers at its major production facilities.
Nor does it include the impact on farmers of the potential loss of $2 billion in U.S. commodity purchases that provide the U.S. Agency for International Development with humanitarian food aid after President Trump recently froze aid to that organization.
Full article: More Remorse
