Relatively young fleet may allow farmers to delay equipment purchases amid tariffs
Thursday, May 1, 2025
Reference: FCC
Global trade disruptions have caused significant challenges for Canadian agriculture. Businesses prefer stability, but constant tariff changes create confusion, making it difficult to plan. Additionally, there's widespread uncertainty about the full impact of tariffs. The CUSMA exemption from the 10% blanket tariffs, and the 90-day delay in U.S. reciprocal tariffs, have given some relief to the agriculture industry.However, farm equipment manufacturers still face a lot of uncertainty.
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