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.



Aaron Wetzel John Deere VP

Deere expects steady farm equipment production

Equipment will remain available to farmers but will likely increase in price, a John Deere VP warns

The current trade dispute won’t interfere with Canadian farmers’ ability to get the John Deere machine they want, but will likely make that machine more expensive, a Deere vice-president warns.