In all three of his campaigns, President Donald Trump won overwhelming support from farmers — including a whopping 78% support from the United States' most farm-dependent counties. But now, farmers are being hit hard in the wallet as a result of his sweeping tariffs. Axios reported Thursday that farming equipment manufacturer John Deere released its latest quarterly earnings numbers. According to the outlet, the company had seen a 9 percent decline in quarterly revenue to $12 billion, and a staggering 26 percent decline in net income to $1.29 billion. John Deere has also projected an additiona...
In all three of his campaigns, President Donald Trump won overwhelming support from farmers — including a whopping 78% support from the United States' most farm-dependent counties. But now, farmers are being hit hard in the wallet as a result of his sweeping tariffs. Axios reported Thursday that farming equipment manufacturer John Deere released its latest quarterly earnings numbers. According to the outlet, the company had seen a 9 percent decline in quarterly revenue to $12 billion, and a staggering 26 percent decline in net income to $1.29 billion. John Deere has also projected an additiona...