tractor

Tariffs add billions to U.S. equipment costs

Efforts to re-shore manufacturing through tariffs are expected to make U.S. companies less competitive

As tariffs weaken the competitiveness of companies exporting into the U.S., economists see these trade agreements more as a loss for both sides, as costs rise also for farm equipment manufacturers already inside the country.












Photo: Anna Ross/dpa via Reuters Connect

EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

Trump ratchets tariffs on China even higher; China says it will “follow through to the end”

The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.