US farm equipment makers rise after Trump's 90-day pause on tariffs

CNH Industrial

09/04/2025 18:57

** Shares of U.S.-based farm equipment makers rise after U.S. President Donald Trump authorizes a 90-day pause as part of his tariff plan

** Caterpillar CAT.N rises 5.6%, Deere DE.N up 7.3%, CNH Industrial CNH.N up 6.4% and AGCO AGCO.N up 7.1%

** Trump, however, says he is raising the tariff rate for China to 125%, effective immediately

** YTD, Dow Jones U.S. Industrials Index .DJUSIN down 9.2%

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))