President Donald Trump is urging tractor manufacturers to lower prices, as his administration unveils a $12 billion relief package for farmers.
At a White House roundtable on Dec. 8, Trump pledged to loosen environmental regulations on farming equipment companies such as John Deere in an effort to keep machinery costs down.
“We’re going to also give the tractor companies, John Deere and all of the companies that make the equipment, we’re going to take off a lot of the environmental restrictions that they have on machinery,” he said.
“They’re going to have to reduce their prices because farming equipment has gotten too expensive, and a lot of the reason is because they put these environmental excesses on the equipment, which don’t do a damn thing except make it complicated.”…