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المشهد العربي
White House to lower ag equipment tariffs
The White House has decided to reduce tariffs on agricultural equipment from 25% to 15%, aiming to ease the financial burden on American farmers and manufacturers. This decision will take effect on June 8 and remain in place until the end of next year, with foreign companies able to benefit from a lower rate of 10% if at least 85% of their equipment’s steel or aluminum is manufactured within the United States. This adjustment is part of the White House’s efforts to address rising costs and respond to concerns from domestic businesses.
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