Manufacturing was slowing in 2019 and a recession was approaching. The pandemic made it happen much faster.
How does HBOT think a 200% tariff on John Deere play in farm country?
- Thread starter gohawks50
- Start date
The first solution should be something that doesn't hurt us more than it hurts them.
Remember you can't just enact a John Deere tax, you can only in general tax farm equipment manufactured outside the US. So is there a domestic competitor to John Deere that is large enough to make up for Deere's reduced sales in the US.
The third thing is if Thunderlips71 is to be believed which it sounds right because we do have a free trade agreement with Canada and Mexico and most free trade agreements are specifically an agreement not to implement tariffs. And it should be noted that the Trump administration itself negotiated the current free trade agreement.
Manufacturing in the Midwest was doing quite well up until the pandemic hit...
Trump is claiming that this tariff will help farmers. If he would have said it was to protect American workers then he might have a case, but placing an extremely high tariff on parts and equipment farmers rely on will not help farmers. JD will pass their increase in cost on to the consumer, the American farmer.
Excellent points.
Trump is just spouting what he thinks will get him applause and votes.
If he's elected, there won't be a single promise activated.
It will be four years of revenge against anyone he feels wronged him.
It was slowing like it was everywhere else. As usual, you don't know what you're talking about.
Good luck beating Mexico’s labor costs and likely regulation and working condition costs.
Robots might eventually build the stuff cheaper domestically but that won’t employ a lot of people anyway.
Robots might eventually build the stuff cheaper domestically but that won’t employ a lot of people anyway.
The American farmer won't pay 200% more for the Deere label,.. Deere will lose domestic market.
But, they were hauling a load of grain out of Storm Lake and they saw a brown person, and every day they send their kids off to school praying they don't come back forced to be trans. They don't have a choice.
So, it's almost like you are saying Trump just pulled something out of his ass as he free formed a speech because he doesn't understand complex issues, and doesn't really have the concept of plans and policies?
Union card holding man Chuck Grassley would totally take a stand on this, right? What about Breadbags and News Barbie, whose district would take a gut punch? MMM's district and the district she actually lives in would take a punch, too.
So, which brands will US farmers buy? Do you think a 200 punitive tariff on one company will be enforced? Certainly a tariff of that nature would have to apply to all farm implement manufacturers.
CEOs should be getting nervous about how dysfunctional Trump's presidency was, and how much worse a second administration would be.
Consumers tend to base their purchases on cost and quality,.. farmers will do the same.
No, no, no. You don’t understand tariffs. Mexico will pay for these. It’s just billions of dollars for the US government! Consumer and farmers aren’t hurt at all.
So tell me how a farmer purchases non-Deere parts for their Deere equipment?
Your ignorance covers many topics.
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Which is why everyone should be terrified that the US President wants to pick winners and losers, even if it means kneecapping a Fortune 100 global company that helped build this country like Deere.
Put it in the giant pile of evidence indicating he is unfit for office.
You can already purchase numerous non-OEM parts for current Deere models...
Grow up, stop being so insulting, and perhaps I'll continue to converse with you,.. If not there are numerous others here who are far less demanding in conversational maintenance than yourself.
If you use non-OEM parts what does that do to the warranty?
Sure, sure. Which brands manufacture all of their equipment sold on the US market inside the US?
And where are those made? SMFH
Conversational maintenance? LOL - you can't maintain a conversation past a simple question or two. You're very feeble.
To be fair to Rifler, he's pretty old. He thinks farmers park their tractor under a shade tree and slap new parts in that they bought at the local hardware store.
Case IH has had enough, moving to Mexico
A year after workers won wage increases through a lengthy strike, the corporate owners of a 180-year-old farm equipment manufacturer in Racine County are laying off staff and shifting work to Mexico.
A year after workers won wage increases through a lengthy strike, the corporate owners of a 180-year-old farm equipment manufacturer in Racine County are laying off staff and shifting work to Mexico.
Caterpillar looking at Mexico location
Cat has dispatched experts to Mexico to test the waters there for possible relocation of the Sanford NC Skid Steer Loader and CTL. Coincidentally, Deere is moving the same product lines from Dubuque, Iowa to Mexico as well.
Cat has dispatched experts to Mexico to test the waters there for possible relocation of the Sanford NC Skid Steer Loader and CTL. Coincidentally, Deere is moving the same product lines from Dubuque, Iowa to Mexico as well.
Kubota
September 15, 2024, Kubota will be implementing a workforce reduction measure that will affect all second shift employees in Building 2 of the Jefferson, Georgia site. This decision marks a significant departure from the company's historical precedent, as Kubota has not conducted any layoffs in over a decade.
September 15, 2024, Kubota will be implementing a workforce reduction measure that will affect all second shift employees in Building 2 of the Jefferson, Georgia site. This decision marks a significant departure from the company's historical precedent, as Kubota has not conducted any layoffs in over a decade.
It's all about the bottom line for companies.
We CANNOT compete with the cheap labor down in Mexico.
We have to find creative ways to offset the higher cost of US labor.
The easiest way is to lower taxes either by lowering the corp bracket or with credits. Dems shoot that down instantly.
This article was written before Covid in Oct. 2019.
The U.S. manufacturing sector is not in a good place.
The latest poor results came from the government’s jobs report on Friday. The Labor Department reported that manufacturers lost 2,000 jobs in September, well below the 18,000 positions it added this time last year and even below the 2,000 gain it saw in August.
No matter who the president is you’re always going to be a loser. Who never did anything productive for the country.
They will need to rename the Case IH Green White and Red zone.
At some point the only remaining offset to be made to the current high cost of US labor, will be a reduced standard of living for US labor job holders,.. Combine losses in manufacturing with an open border and you have the makings of an economic disaster.
