The President of the Association of Equipment Manufacturers says the steel and aluminum tariffs President Trump placed on imported materials are affecting more than just the cost of machinery in the U.S. Dennis Slater says, “If you pass the costs on, and your tractor or combine is more expensive, it’s kind of hard to sell that on the world marketplace when your competitors in Europe, Japan, and Korea, they don’t have those same tariffs, so suddenly your export market goes down, too.”
Slater tells Brownfield getting the aluminum and steel is easy, but farmers and other consumers are paying more.
Continue reading Slater: Steel and aluminum tariffs cost farmers, risk jobs at Brownfield Ag News.
