Tractors too expensive even for the White House

The prices of tractors in the USA have entered into top-level politics after Donald Trump publicly called on machinery manufacturers to lower their prices. This is more of a strong declaration than a real plan to cut prices, but the fact that the White House is addressing this issue shows the scale of the problem in American farms. During a speech at the White House, President Donald Trump did not mince words. He directly appealed to the largest manufacturers of agricultural equipment – including John Deere, CNH Industrial, and Caterpillar Inc. – to lower the prices of tractors and machinery. According to him, the costs of equipment have become one of the main problems of American farms. As it is known – a costly tractor is not a luxury today, but a development barrier. Trump also announced the end of the "era of excessive regulations," which, in his opinion, artificially inflated prices and limited the competitiveness of agriculture. Policy for the farmer – concrete decisions ...