US President Donald Trump announced on Monday (1st) a reduction in import tariffs on agricultural machinery, industrial equipment and heating and cooling systems, in a new attempt to reduce the economic impact of trade disputes conducted by his administration. According to a report by Wall Street JournalTariffs on tractors, harvesters, forklifts, mobile industrial equipment, and air conditioning systems will fall from 25% to 15%. The measure also covers products subject to tariffs on steel, aluminum, and copper. Furthermore, products manufactured abroad but composed of at least 85% steel, aluminum, or copper of North American origin will have their tariffs reduced to 10%. According to the proclamation signed by Trump, the changes will take effect on June 8th and remain valid until the end of 2027. According to the White House, the objective is to stimulate short-term investments and strengthen the industrial base of the United States. In his justification, Trump stated that the costs faced by the agricultural and industrial sectors require support measures. According to the president, recent changes in the economic landscape have directly affected industries that use agricultural equipment, industrial machinery, and related products. This initiative adds to other flexibilities promoted by the US government in recent months. In April, Washington had already revised some of the tariffs on steel and aluminum and expanded exceptions for certain agricultural and food products.
This text was translated by machine from Brazilian Portuguese.