Trump tariffs mean fewer machinery purchases, higher costs for farmers

Ag equipment manufacturers had hoped to see sales volumes start to recover this year from the current slump, but those high expectations have been lowered by the negative yo-yo impact of U.S. tariff rates — and those tariffs will end up costing farmers in North America more for new machinery and parts, even here in Canada.

machineryasia machineryasia
May 29, 2025 - 23:45
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Trump tariffs mean fewer machinery purchases, higher costs for farmers
Ag equipment manufacturers had hoped to see sales volumes start to recover this year from the current slump, but those high expectations have been lowered by the negative yo-yo impact of U.S. tariff rates — and those tariffs will end up costing farmers in North America more for new machinery and parts, even here in Canada.
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