As he was announcing up to $12 billion in relief payments to farmers, Bloomberg said President Donald Trump pressured farm equipment manufacturers to drop their prices.
The president said his administration would allow companies like Deere and others permission to “take off a lot of the environmental restrictions they have on machinery,” blaming them for driving up the costs for farmers.
The president said manufacturers are “going to have to reduce their prices because farming equipment has gotten too expensive, and a lot of the reason is that they put these environmental excesses on the equipment, which don’t do a damn thing except make it complicated.”
Fox Business reported that the administration is going to take a lot of that “nonsense” off the equipment.
While Trump didn’t give many specifics on how the plan will work, he did say EPA Administrator Lee Zeldin would be involved in carrying out the effort.
