Duluth, Ga. - AGCO continues to ship finished products from the U.S. to other countries where there are currently no applicable tariffs. Following decisions to temporarily pause U.S. and other reciprocal tariffs, AGCO is resuming shipment of certain products into the U.S. from most global locations.
Evaluation continues on all actions as we prioritize serving our farmers and dealers while minimizing tariff impact.
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Previous Updates Follow Below
Duluth, Ga. - The U.S. and reciprocal tariff landscape remains very fluid. AGCO’s priority continues to be serving farmers around the world while minimizing tariff impact. We believe our global manufacturing footprint is critical to our ability to build products and offer services that meet farmers’ needs, allowing them to continue feeding the world’s growing population.
AGCO continues to ship finished products from the U.S. to other countries where there are currently no applicable tariffs. While we assess potential impacts, finished equipment from non-U.S. production facilities intended for the U.S. will be temporarily held at their current locations outside the U.S. The shipment of parts into or from the U.S. is not currently impacted by this action. We are evaluating the best way to leverage our global footprint to continue delivering our high-quality products – especially those made in Europe – to farmers globally.
Our team is committed to being nimble, communicating frequently with dealers, evaluating alternative solutions and considering all options to help minimize tariffs that may be applicable to our products. We expect to provide an update on the potential financial impact of tariffs at our next earnings call in early May.
For more information, visit agcocorp.com.