US EditionPresident Trump Has Destroyed the Soybean Market for American Farmers
Missouri farmers face a steep drop in soybean prices and exports due to U.S.-China trade tensions, with China buying over half of U.S. soybeans before the dispute, USDA data shows.
4 Articles
4 Articles
President Trump has destroyed the soybean market for American farmers
The 47th president of the United States has managed to ruin a lucrative soybean market with China. Now, these American farmers have little market for their produce. That’s because the “great dealmaker” decided to start a trade war!
Trump’s tariffs spark ‘ever-growing financial crisis’ for American farmers
U.S. tariff measures, combined with China’s halted soybean purchases, are hitting Missouri farmers where it hurts, threatening billions of dollars in export revenue and shaking Missouri’s agricultural backbone.Since April 2, the day President Donald Trump dubbed “Liberation Day” and imposed sweeping tariffs on America’s trade partners, businesses have been scrambling to adapt. Missouri is no different, with its agriculture sector being heavily s…
US Farmers Struggle As Tariffs Set In
WASHINGTON, DC – After Washington imposed steep tariffs on trade partners, American farmers are facing several constraints, including increased costs, shifting markets, and mixed impacts on different agricultural sectors. A report published in April this year by the public policy think tank American Enterprise Institute predicted, “The long-term consequences of trade wars on US agriculture remain concerning, as shown by how China permanently shi…
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