John Deere CEO warns: $500M tariff hit slashes profits 25% - what farmers aren't telling you
Key Points
- John Deere's profits fell 25% and they lost $500 million due...
John Deere just posted numbers that would make even a seasoned accountant wince: profits down 25% and $500 million vanished into the tariff void. The green giant that once symbolized American agricultural might is now learning the hard way that trade wars have real casualties.
When Your Supply Chain Becomes a Pain Chain
The math is brutally simple: Deere imports only 20% of its equipment, yet those imports account for 60% of their tariff pain. It's like paying premium prices for first-class seats but getting stuck in the middle seat anyway. Steel and aluminum tariffs have turned manufact...
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