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Benzinga
Benzinga
Business
Rishabh Mishra

Trump's Tariffs Cost Deere $600 Million As It Reduces Inventories—Management Says Focusing On 'What We Can Control'

Stuttgart,,Germany,-,06-28-2023:,Smartphone,With,Logo,Of,American,Business

Deere & Co. (NYSE:DE) is navigating significant economic headwinds by focusing on internal discipline, company executives said Thursday, as it revealed that tariffs enacted under the Donald Trump administration are now expected to cost the company nearly $600 million this fiscal year.

Check out DE’s stock price over here.

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