re: John Deere has done questionable things

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John Deere: "even though we're an American company, these tariffs are killing us"

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If they’re an “American” company why would a tariff on goods impact them?

If you want to claim to be an “American” company manufacture your parts and assembly your finished goods here.

The reason why it’s killing them is they’re a multinational corporation sourcing foreign goods and parts with a board full of globalists who haven’t been concerned with the best interests of America, their workers or consumers for decades.

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Didn't they get slapped down by the courts over that?

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Yes. A couple of years ago they lost a case and now you should be able to do your own work or take it to a non-deere mechanic for service. They can no longer lock down their diagnostics and fixes to just deere dealers.

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If they’re an “American” company why would a tariff on goods impact them?

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Most big mfgrs use foreign components in their products.

We've been telling yall this for years. There are some things that are not practical to produce here.

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Most big mfgrs use foreign components in their products.

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So start.

Or don't and pay tariffs.

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We've been telling yall this for years. There are some things that are not practical to produce here.

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And we've been telling you don't be surprised when people who want to onshore jobs and reduce trade imbalances start doing things to ensure those outcomes take place.

Bitch about it if you want, its what Trump was elected to do and its exactly what is happening whether the left, the globalists or the multinational corporations like it or not.

I work in the segment and Deere has been bracing for this downturn for a few years. Its precisely why John May was a surprise pick for CEO in 2019 and brought in BCG to start cleaning house in early 2020. There were massive layoffs and a complete corporate reorg before this tariff debate ever started.

The media will blame this on tariffs, but only a tiny fraction of US domestic sales are imported. The unions wont let that shite happen.

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I would guess parts from China

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Yes, while the tractors are assembled in Georgia the parts come from all over the world. My first position when I moved to the 5000 series plant was installing the draft links and they were from Spain. And I know the final assembly of the engines before they came to the plant was in Mexico.

Very little if any of the parts on the tractors were from the USA

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They
Arent
economically
feasible
to
produce
here
or
we
would.

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It took them 30 years to completely gut our industrial capacity to maximize their operating margins.

Itll take them a few years to onshore.

And even when thats done some components will still be made offshore likely. So be it.

But the market will adjust as it always does, we're just making sure that the end result is manufacturing that occurs here rather than China and Mexico so that purchases result in American jobs rather than American welfare and debt.

I don't expect you to agree and I don't really care either way. As long as Trump or Vance are in power its what's going to happen because its the only path to economic sustainability for America over a 10-20 year window.

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Its the regulatory environment

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Trump has cut more regulations than any president in American history.

He'll cut more before he's done. You're welcome.

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uber high wages

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In what industry? Look at what UAW workers made in the 70s compared to now. Its a fraction of what they made previously.

Compared to slave labor in China its higher, but we don't want a country of slaves or serfs so the middle class will need reasonable wages.

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We cannot compete globally on low margin items

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Trump is onshoring chips.
Trump is onshoring cars.
Trump is onshoring computing.
Trump is onshoring electronics.
Trump is onshoring pharma production.

None of those are low margin items.

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This is so fricking stupid. You people have become SJWs

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Are there slave labor factories in China? Yes or no.

They just talked openly about organ harvesting to keep party members alive to 150 yesterday on an open mic.

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know my grandpa would roll over in his grave if he knew I have Kabota.

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You're hard pressed to find a better and tougher tractor than a Kubota.

We bought our LB402 work tractor 20 years ago and have brutally punished that thing doing way heavier work than it was designed for, and in that time the only repairs needed were to completely replace a brush hog attachment twice, replace the boom cylinder seals a couple times, replace the two-stage clutch and replace the tilt cylinder seals a few times.

Kubota is bulletproof and I would honestly never buy another brand after two decades of experience on one.