Reported 18 days ago
Despite strong backing for Trump from U.S. farmers, the agricultural sector faces challenges due to ongoing tariff threats from China. Farmers are seeking increased access to the Chinese market but fear that Trump's trade policies may lead to further retaliation from Beijing, impacting exports. As corn and soybean prices hit lows, some industry leaders call for revitalizing trade deals, although concerns about an impending trade war persist. The current agricultural trade deficit is projected to reach a record $42.5 billion by 2025.
Source: YAHOO