NASHVILLE, TENN. (RFD NEWS) — The Trump Administration is lowering tariffs on imported agricultural equipment in an effort to reduce costs for farmers and manufacturers.
President Trump signed a proclamation cutting tariffs on combines, harvesters, and certain other farm equipment from 25 percent down to 15 percent.
The White House says the move is designed to ease cost pressures on producers facing higher expenses for fuel, fertilizer, and machinery while also encouraging additional investment in U.S. manufacturing.
The tariff adjustments will remain in place through Dec. 31, 2027.
Related Stories
Kansas State University agricultural economist Dr. Gregg Ibendahl discusses rising diesel prices, the influence of global oil markets, and the potential impact on farmers heading into the spring planting season.
Debt pressures could reshape farm policy and credit.
Rising protein demand supports long-term trade in feed and meat.
Diversification is critical as conservation reshapes rural economies.
