John Deere reaffirms plans to produce in Mexico, despite Trump’s threats • Economy and finance • Forbes México

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The agricultural machinery manufacturer John Deere denied this Tuesday the former US president and Republican candidate Donald Trump, and assured that it maintains its production plans in Mexico.

In an interview at the Economic Club of Chicago with the editor-in-chief of the Bloomberg agency, John Micklethwait, Trump recalled today that he had said that if the company builds a large plant in Mexico “it will not sell anything in the United States.”

“They have just announced that they are probably not going to build that factory. I have kept the jobs here and John Deere will stay here,” said the former president, who will face the vice president and Democratic candidate, Kamala Harris, at the polls on November 5.

However, according to the Wall Street Journal, the company has made it known after these statements that it has not modified its plans.

In June John Deere announced its plan to move production of some models from Dubuque, Iowa, to a new plant in Mexico. The move is expected to be completed in 2026 and comes with the goal of freeing up manufacturing space and employees at U.S. plants for other models.

Trump had threatened John Deere on September 23 with 200% tariffs if it moved its production to Mexico.

This same Tuesday he insisted on the need to impose tariffs if he returns to the White House: “For me the most beautiful word in the dictionary is tariff. “The higher the tariffs, the more likely the company will come to the United States and build a factory here so they don’t have to pay.”

Read: ‘For me, the most beautiful word in the dictionary is tariff’: Trump

With information from EFE

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