You must log in or register to comment.
This site is blocked in the EU.
Tractor manufacturer John Deere is feeling the impact of tariffs, which it says could cost the company $600 million in 2025. In an earnings call on Thursday, company executives revealed that tariffs have already led to $300 million in costs this year. This financial strain has contributed to a decline in net income for the quarter. Executives are hopeful that future trade deals and a more favorable tax environment will offer some relief.