Tariffs Shake Up U.S. and Canadian Farm Equipment Industry
A recent farm show in Regina, Canada witnessed many farmers hesitant to buy new equipment like tractors and harvesters, leave alone new-tech machinery. Apparent are worries about tariffs making already expensive machines even more costly, following US-China retaliatory measures. Some of these machines, like combines, cost more than $800,000. If tariffs suddenly raise prices, farmers…