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
Seth Tucker of Tucker Farms, a first-generation Arkansas farmer, says rising input costs are forcing changes to his operation, including stepping away from rice this season.
UNL’s Dr. Dirac Twidwell discusses wildfire recovery efforts in Nebraska and what producers should keep in mind in the days and weeks ahead.
Tight global supply is likely to keep fuel and fertilizer costs elevated.
Dr. Michael Langemeier with Purdue University provided perspective on the improving farmer sentiment and the trends shaping the agricultural economy moving forward.