Steel, aluminum tariffs’ potential impact on local equipment markets

Steel, aluminum tariffs’ potential impact on local equipment markets

A 25% tariff on steel and aluminum announced in April caused uncertainty among farm machinery companies. In response, AGCO and CNH announced pauses on international shipments between Europe and North

Nobody Understands What Trump’s Steel and Aluminum Tariffs Will Do

Amidst the chaos of President Donald Trump’s tariff regime so far, there has been one constant — the 25% levies on steel and aluminum imports applied in February, with no country-specific exemptions. I’ve been a bit befuddled as to what these tariffs may, or may not, mean for the companies trying to green these notoriously hard-to-decarbonize sectors. And it turns out, some of them are a bit befuddled, too. “It’s a mixed bag,” Cody Finke, CEO of…