Farmers face steep losses in the middle of Trump's trade war and funding cuts
Farmers face steep losses in the middle of Trump's trade war and funding cuts
From funding cuts to tariffs, farmers have found themselves struggling to find markets for their products and facing the risk of steep losses for the year ahead.
Summary
U.S. farmers face mounting financial struggles due to Trump’s tariffs and deep cuts to Agriculture Department programs.
Tariffs have triggered retaliatory measures, raising costs and shrinking export markets for crops like corn, wheat, and soybeans.
Federal aid freezes have left farmers without grants and loans, jeopardizing operations. Some, like blueberry growers in Maine and West Virginia farmers launching a local brand, now risk severe losses.
Farmers warn prolonged trade wars could cause irreversible damage, but Trump insists his policies will create better long-term markets despite short-term pain.