Deere & Co. Chief Executive John May said the tractor maker is in a strong position to confront potential tariffs under the incoming Trump administration, since Deere exports more farm and landscaping equipment from the U.S. than it imports from other countries. Trump has pledged to impose sweeping tariffs on imported items to encourage companies to manufacture more products in the U.S. Deere attracted Donald Trump’s ire on the campaign trail this fall after the Illinois-based company said in June it would move production of some models of small and medium-size construction loaders to a plant in Mexico from Dubuque, Iowa. Deere in 2022 decided to move production of cabs for large farm tractors to Mexico from Waterloo, Iowa, to make room for production of a new tractor model at its Waterloo plant.