Trump's recent threat to impose a 200% tariff on John Deere is seen as an irrational move that could damage trade relations and burden consumers.
At an agricultural policy roundtable, Trump expressed sympathy for John Deere but warned that any production shift to Mexico would face massive tariffs on imports.
Trade economists criticize the proposed tariff on John Deere, arguing it contradicts economic logic and could lead to higher prices for consumers in the US.
Experts believe Trump’s threats highlight his focus on domestic job preservation, but they warn that such tariffs would likely backfire, harming bilateral relations.
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