Former President Donald Trump has threatened John Deere with a 200% tariff if the company continues with plans to move some production to Mexico, drawing criticism from billionaire entrepreneur Mark Cuban. Trump’s comments highlight his ongoing focus on tariffs and protectionist trade policies, but experts question the feasibility and impact of such measures.
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Cyngn Inc. (CYN) has been chosen by John Deere to supply its DriveMod Tuggers for industrial automation at its operation in Dubuque, Iowa. The collaboration marks a significant milestone for Cyngn, reinforcing the validation of its AI-powered autonomous vehicles and data solutions. CEO Lior Tal expressed excitement about the partnership with Deere, a renowned innovator in the industry.