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- Trump Management Authorities and MPs are considering farmers as vengeans against US tariffs as a revenge. China and Canada have already taken overheads of the United States in the best US agricultural exports. During the first time of Trump, farmers earned $ 23 billion after a period of recent tariffs.
Trump Administration officials and MPs began to investigate the relief package for agricultural trade groups for our farmers.
This can damage the export of economic products against President Donald Trump’s broom import taxes.
“We build infrastructure, in fact, we have some economic results in our farmers and maybe our rancher, we will have our programs to solve it, for journalists for journalists.
Sunday said Cnn The department must be prepared in the case of “longer term damage” by hanging funds with MPs.
Senate John Hoeven (RN.D.) confirmed the discussions on a farm hostage and said he talked to the rolls.
USDA did not respond immediately Lucky Survey for comments.
On Wednesday, Trump, all imported and certain trade partners declared a minimum of 10% levy. Some countries have retaliated with their own collection against special industries.
On Friday, a large export market for China-farmers, previously declared 34% tariff to US imports contribution Sorghum, Soy, Pig, Pig, Beef, Seafood, Seafood, Fruit, Fruit, Vegetables and Dairy Products, Grown Chicken, Wheat, Corn and Cotton and 10% Levy added 15% tariff.
In addition, Canada has taken a 25% fee for valuable goods $ 30 billion Including peanut butter, orange juice and coffee. The country threatened to expand the tariffs at the same time $ 155 billion If the United States maintains trade policy, finance poultry, production and dairy products, including imported goods, including goods. The European Union threatened to take revenge against soybeans, beef and poultry farmers to target the red states.
Trade teams warned that the monetical tariffs for agricultural exports can damage corn, soybean, cotton and other plants. The price of soybands sank in more than 3% of the price and decreased by about 17% for a year. About 60% of soy, food and soybeans produced in the United States are exported.
“We hope that we will be a helper”, “Barry Evans, a sorghum and cotton farmer sitting in the board for a survey grain group in Texas, explained. Wall Street Journal. “If we don’t get anything, it will be a pretty disaster.”
According to the American Bureau Federation, the agricultural industry rely on exports to more than 20% of its annual income.
He exported the United States in 2024 $ 176 billion Agricultural products, 47% go to three countries: Mexico (17.2%), Canada (16.1%), China (14%). According to UsdaSoy, livestock products, wood nuts, fruits, vegetables, grains and nutrition are between the export of US.
Tariffs in the first term of Trump, received revenge that caused more than $ 27 billion in agricultural exports Usda. The government has provided $ 23 billion economic assistance to prevent damage.
Revenge tariffs add obstacles to an industry that already struggles. Congress approved last year $ 10 Billion Relief Package Farmers have begun to reduce the impact of increased access costs and low commodity prices and recently rescued the help. The new package may be larger because the industry is facing widely changing difficulties, a congress assistant WSJ said.
“We share the design of the administration’s playground with our international partners, but the growing tariffs threaten the economic sustainability of farmers who lost money in most products in the last three years.”
In addition to the influence of revenge tariffs on agricultural exports, the US-import tariffs can increase prices for farmers to pay for equipment, pesticides and fertilizers.
Meanwhile, farmers are suffering from the Department of Government Efficiency to demolish USAID. In 2020, the US government was grossly $ 2.1 billion With food aid from American farmers.
This story was first displayed Fortune.com
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