John Deere is now forecasting a whopping $600,000,000 hit due to the impact of tariffs this year. In their earnings report the company noted operating profits for the quarter decreased primarily due to the increase in production costs due to the tariffs.
Viewing post by AlphaGod
MICROMAN
5 months ago
I wonder how much business John Deere does globally compared to inside the US. Presumably products sold in other countries wouldn't be impacted by the tariffs, right?