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Trump cuts ag equipment tariffs in move to ‘spur near–term investments’

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Trump cuts ag equipment tariffs in move to 'spur near–term investments'

Photo: President Donald J. Trump delivers remarks from the Blue Room Balcony at a Great American Agriculture Celebration on the South Lawn, Friday, March 27, 2026. Photo credit: Official White House photo by Abe McNatt via Flickr. US government work. Article by Jon Adamy. Michigan Farm News – June 2, 2026.

Tariffs on farm equipment — including combines, harvesters and others — have been cut to 15% following a proclamation signed by President Donald J. Trump. Signed Monday, the proclamation adjusts the tariffs on ag equipment down from the previous 25% level, while also expanding the existing category of industrial equipment subject to a 15% tariff to include mobile industrial equipment, like bulldozers and forklifts, “when imported from trade deal countries that are entitled to such treatment.” […]

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Related articles:

Will New Tariff Actions Help U.S. Agricultural Producers? – National Taxpayers Union

U.S. cuts tariffs on farm and construction equipment to 15% – Bloomberg / Farm Progress

Trump Stock Purchases Include John Deere and Major Food Companies – Civil Eats

In flurry of trading activity, Trump purchases John Deere stock – Investigate Midwest

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