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(Moline, IL) -- Deere and Company leaders say they're taking a careful look at future investments as a result of tariffs.
The agricultural equipment manufacturer says they expect tariffs to cost them $500 million this year.
As a result, Deere says they're now taking a measured approach to earlier plans to invest $20 billion in the U.S. over the next decade.
Deere & Company representatives made the statement during their Q2 earnings report.
The company reported net income of just over $1.8 billion during the second quarter.
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