More evidence that Trump’s tariff policies, immigration policies and general chaos have had a serious impact on our Agricultural economy.
Will Trump be able to reverse course on his tariff and immigration policies to help our nation’s farmers? I seriously doubt it. Things are going to get worse before they get better.
https://archive.ph/dDebF
Former Farming Leaders Warn U.S. Agriculture Could Face ‘Widespread Collapse’
A group of past government officials and the former heads of farming associations issued a dire warning to members of Congress.
Current economic conditions and Trump administration policies could lead to “a widespread collapse of American agriculture,” a bipartisan coalition of former Agriculture Department officials and leaders of farm groups warned in a letter on Tuesday.
The letter to the heads and ranking members of the House and Senate agricultural committees was signed by 27 influential figures in the farming sector, including former heads of powerful associations representing corn and soybean farmers and officials from the Bush and Reagan administrations. It expressed dismay at the “damage done to American farmers.”
While there are many reasons for increasing farm bankruptcies and decreasing profits, “it is clear that the current administration’s actions, along with congressional inaction, have increased costs for farm inputs, disrupted overseas and domestic markets, denied agriculture its reliable labor pool, and defunded critical ag research and staffing,” the letter warned.
The signatories called on Congress to relax tariffs for the agriculture sector, expand international markets, pass a new farm bill and restore funding for agriculture research and staffing.
Click the link above for the full article.
Has the Trump Economy ‘Collapsed’ U.S. Agriculture? Congress has been warned.
