Another business moving out of the states

@SDavis Yes there are. Just remember this when the farmers start screaming that they need a bailout/subsidy.

@JSul3 screaming they need bailout money because they don't want to buy another brand of tractor.

The tariffs Trump imposed on China was totally different. China placed a 25% tariff on us goods which was double the amount that Trump imposed on them. that is what affected the farmers. When you're in a war you should consider the retaliation from the one you were in war with.

John Deere is a company - China is a nation who has controlling factors of land, products, buildings, all over the world.

@SDavis All correct. But there is another factor ahead of that. The share trade market (as opposed to investment) has caused the share market rendulum to look more like a yo yo exhibition and since the share price dictates so much of a companies debt position and performance to dividend varies wildly on it..😷

@whowasthatmaskedman ok - I am at a loss on that subject.

Marion Webster's definition of greed is an intense desire for more of something than is needed ___

They have laid off workers and given salary cuts to their employees.
https://greatamericancrop.com/news-resources/article/2024/07/24/salaried-deere-employees-take-a-hit

The company forecast it's net income for 2024 to be 7 billion plus.
https://www.deere.com/en/news/all-news/fy24-third-quarter-earnings/#:~:text=Net%20income%20attributable%20to%20Deere%20%26%20Company%20for%20fiscal%202024%20is,to%20be%20approximately%20%247.0%20billion.

Cash on hand - over 8 billion
https://companiesmarketcap.com/deere-company/cash-on-hand/#:~:text=Cash%20on%20Hand%20as%20of,in%20cash%20and%20cash%20equivalents.

Cash on hands defines as the money you have available to use immediately after paying out all of its cost (in all forms)
https://www.zenbusiness.com/cash-on-hand-definition/#:~:text=The%20definition%20of%20cash%20on,keep%20a%20bank%20account%20open.

8 billion on hand - regardless of losses

@SDavis We are both right here. Or maybe more correctly, neither of us is wrong. The issue gets lost in complexity at the money level becasuse John Deere will still have the same shareholders and the same board. And Money is international these days. (See. Its complex already) So to oversimplify it, Its only the OompaLoompas who have lost their jobs. Willy Wonka hasnt changed a bit. As human beings thats of course a big deal.. But in terms of John Deere as a money business. It doesnt matter that much. Odds are a lot of the components were already imported.. But maybe we can continue this outside the thread. I have to start getting technical to get much deeper.😷

@whowasthatmaskedman So true.