Key facts
- US tariffs on agricultural equipment reduced to 15% from 25%.
- Tariff reduction is effective June 8.
- Preferential rates offered for products using mostly US steel, aluminum, or copper.
- Protection for upstream production remains intact.
- Temporary tariff changes expire at the end of 2027.
President Trump has reduced tariffs on agricultural equipment from 25% to 15%, effective June 8. This move aims to alleviate financial pressures on the agricultural sector amid rising farm costs. The policy also favors products utilizing predominantly US steel, aluminum, or copper, while maintaining protection for upstream production. The temporary changes go into effect Monday and will expire at the end of 2027. President Donald Trump on Monday adjusted tariffs on some steel, aluminum, and copper imports, lowering some tariffs on farming equipment and extending the lower rate to other equipment. The lower rate will apply from June 8, 2026, through Dec. 31, 2027.