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flag John Deere lays off over 200 due to declining farm sector, tariffs impacting sales.

flag John Deere, a leading tractor manufacturer, is facing significant financial challenges due to economic difficulties in the farming sector. flag The company has laid off over 200 employees and anticipates a decline in sales and profits, partly due to tariffs and trade disputes with China, which have reduced soybean imports. flag This reflects broader struggles in agriculture, affecting farmers' ability to purchase new equipment.

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