John Deere Says Trump's Tariff Threat Did Not Save U.S. Jobs, Dismissing His Claims As Entirely Fictional
John Deere has publicly dismissed Donald Trump's claims that his tariff threats kept jobs in the U.S., calling them entirely fictional.
At a recent event, Trump told a story suggesting that John Deere had changed its mind about moving production to Mexico due to his proposed tariffs. However, a company spokesperson, speaking to The Wall Street Journal and Bloomberg News, confirmed that no such decision or announcement had been made.
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Trump's statement, which came during an interview at the Economic Club of Chicago, was framed as a victory for American jobs. He boasted that the heavy machinery company had backtracked on plans to open factories in Mexico after he threatened to block their U.S. sales.
"They announced about a year ago they're probably not going to build the plants," Trump told the audience. "I kept the jobs here." However, no corroboration existed in recent news articles or corporate news releases.
The Trump campaign did not provide proof to support this claim in response to inquiries. The incident is the latest in a series of disputed stories told by the former president. According to fact-checkers, Trump's statements at the event contained at least 19 false claims, including assertions about immigration statistics and the Jan. 6 Capitol riots.
He also inaccurately portrayed inflation rates during his and President Joe Biden's administrations.
Despite his claims of economic protectionism benefiting U.S. workers, several studies have consistently shown that tariffs, particularly those imposed by Trump, hurt American consumers and businesses more than their intended targets.
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A CBS report emphasized that importers, not foreign companies, typically bear the cost of tariffs, driving up prices for everyday goods. While Trump insists that his tariffs collected “hundreds of billions of dollars from China alone,” the reality is far more nuanced. The Congressional Research Service has repeatedly found that American companies, not China, paid most of those costs.