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One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pauseOne of Europe’s biggest farm machinery companies, Krone, has been forced to pause exports of large equipment to the US because of “alarming” and little-known new tariffs that are hitting hundreds of products from knitting needles and hair dryers to combine harvesters.Among the products on the steel derivatives list drawn up in consultation with US manufacturers, Donald Trump is taxing 407 specific products ranging from tiny embroidery stilettos to cooker hoods, barbecues, fridges, freezers, dishwashers, hair curling tongs, grills, elevators, bridge and railway structures, agriculture equipment and wind turbines. Continue reading...


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