Tariffs threaten to upend markets American farmers depend on
- A surprise tariff increase could severely impact farm budgets, as some combines cost over $800,000, making them unaffordable.
- Farmers are unsure if agricultural equipment is affected by recent tariffs, leading to decreased purchases of new machinery.
- Farmers have become cautious about purchasing new equipment, leading to job layoffs, affecting hundreds of workers.
- The Association of Equipment Manufacturers reported that ongoing trade uncertainty is causing manufacturers to reassess production levels downward.
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Tariffs are increasing the cost of War Horse Casino's expansion
The CEO of War Horse Casino, Lance Morgan, took to Facebook to voice his frustrations about the impact of recent tariffs, which he says could slow down the expansion plans for his business. Morgan highlighted the significant financial burden these tariffs have already placed on War Horse Casino, saying tariffs cost him $3 million in just two days.
·Omaha, United States
Read Full Article‘Crushing’: Sen. Baldwin says Wisconsin farmers aren’t sure if ‘they’ll survive this trade war’
Domestic and global markets are roiling under new tariffs implemented by President Trump, sparking concern among American farmers for their export markets. Sen. Tammy Baldwin (D-WI) joins Chris Jansing to share what she's hearing in conversations she's having with her constituents.
·United States
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Total News Sources64
Leaning Left19Leaning Right1Center29Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 39%
C 59%
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