The chairman and CEO of Deere and Co., which has been the target of tariff threats by President-elect Donald Trump, on Thursday strongly defended his company’s record of manufacturing farm equipment in the United States and exporting it to other countries.
“We rely heavily on our highly skilled employees in the U.S.” to “design and build … the most technologically advanced equipment in the world. And as a result of that, greater than 75% of all products that we sell in the U.S. are assembled here in the U.S.," Deere Chairman and CEO John May said on the company's quarterly earnings call. May jumped in to answer a question about Trump's tariff threat when it came up on the call.
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