Reported 1 day ago
President Trump's tariffs are affecting the agricultural sector, raising costs for farmers on essential inputs like tractors and fertilizers while crop prices remain low. As key agricultural companies report declining deliveries and rising prices, farmers—many of whom support Trump—find themselves in a tight position with little ability to absorb these increases. With tariffs driving the average US tariff rate to its highest since World War II and impacting fertilizer imports, concerns over farm economics are rising as sales plummet and competition intensifies.
Source: YAHOO