Source: BLOOMBERG, 3/21/18


Deere & Co., the world’s largest maker of agricultural equipment, is concerned that rising trade tensions between the U.S. and other countries could affect sales of its signature green-and-yellow tractors and combines. While U.S. tariffs on imports of steel and aluminum will have a financial impact on the company, Deere is "much more worried" about possible trade retaliation targeting American agricultural products, Chief Executive Officer Sam Allen said. Deere shares fell as much as 2.7 percent in New York.

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