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
Higher food costs are showing up beyond the grocery aisle, with some major restaurant chains shrinking their U.S. footprint.
In agricultural transactions, timing is often far more than a matter of convenience. A delayed closing or missed payment can lead to a major financial problem.
Fred Nichols with Huma joins us to discuss the 4 R’s of nutrient stewardship and how farmers are adapting best practices in today’s evolving ag economy.
Dave Walton with the American Soybean Association joins us to discuss China’s new ag purchase commitments, E15 policy concerns, and spring planting conditions.