Source: Wendy Winiewski, Global News, July 12, 2018
Are steel and aluminum tariffs affecting decisions by farmers on whether to purchase new machinery?
Some Saskatchewan producers’ buying intentions have shifted in light of recent trade tariffs imposed by the U.S.
“You don’t want to buy high and sell low,” Chad Doerksen said with a chuckle on Thursday. The fourth-generation farmer works in the Hanley, Sask., area.
Doerksen said he was considering upgrading and adding to his fleet of equipment in the near future with plans to buy a new sprayer, combine and tractor. But recent tariffs of 25 per cent on steel and 10 per cent on aluminum have left him uncertain.
