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Deere to Lay Off 119 at Des Moines Works Facility

John Deere has announced another round of lay offs on Feb. 21, 2025. This time 119 workers at Deere's Des Moines Works in Ankeny, Iowa, will be impacted.

According to a report by WHO Des Moines, The layoffs will occur in three groups — the first on March 28, the second on April 4, and the third on April 28. The Ankeny facility currently employs nearly 1,500 workers. In a statement John Deere said the layoffs “are due to reduced demand for the products produced at Des Moines Works.” The company went on to say that the layoffs are also the result of a weakened farm economy and reduction in customer orders, not due to production moves. The latest round of layoffs at Des Moines Works come almost a year after 150 workers were laid off at the facility in March 2024. According to WARN records, in total John Deere eliminated nearly 1,500 positions in Iowa last year.

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.