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The administration of U.S. President Donald Trump has reduced tariffs on agricultural and industrial equipment from 25% to 15%, aiming to ease costs for farmers and manufacturers and to promote the use of American metals in products. The decision also extends the implementation period until the end of 2027 and increases incentives for the use of American steel and aluminum by up to 85%. This move is intended to support local industries and reduce pressure on sectors relying on heavy equipment, amid varying impacts on farmers and equipment companies.
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