Trump Threatens John Deere Tariff
This is a Mexico news story, published by Yahoo, that relates primarily to John Deere news.
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prohibitive tariffInsider
•Trump is threatening tariffs on yet another business — and economists say it makes no sense
74% Informative
Trump threatened a 200% tariff on John Deere if it moves some of its manufacturing to Mexico .
Experts say the tariff would harm US -Mexico relations, cost consumers, and may not even be feasible.
Trump also threatened to impose 100% tariffs on cars produced in Mexico at a speech Tuesday .
Some economists have said the plan could increase inflation.
Trump 's tariff goals going into the next election go beyond his former policy on international imports.
During his presidency, the US imposed a 25% tariff on various Chinese goods, including steel and industrial equipment.
Kamala Harris' campaign did not respond to a request for comment from Business Insider .
VR Score
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