ASA Statement on Reduction of Tariffs on Agricultural Machinery

June 2, 2026. Washington, D.C. The American Soybean Association welcomes the administration’s decision to reduce tariffs on agricultural machinery.

 

“Lowering costs on critical equipment and parts is a positive step for soybean farmers and all of agriculture at a time when producers continue to face significant financial pressure from rising input costs and tight margins,” said Scott Metzger, ASA president and Ohio soybean farmer.

 

ASA appreciates the administration’s recognition that tariffs on essential agricultural inputs directly impact farmers’ bottom lines and looks forward to continued engagement on additional opportunities to reduce costs across the agricultural supply chain, including further reductions on machinery, replacement parts, and other critical farm inputs.

 

The American Soybean Association (ASA) represents U.S. soybean farmers on domestic and international policy issues important to the soybean industry. ASA has 26 affiliated state associations representing 30 soybean-producing states and nearly 500,000 soybean farmers.

 

 

Source:

American Soybean Association (ASA)

 

Richmond Frimpong

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