Soybean farmers who voted for Trump fume as He sends $40B to Argentina while they face ‘Bankruptcy’
Soybean farmers who voted for Trump fume as He sends $40B to Argentina while they face ‘Bankruptcy’
Soybean farmers who voted for Trump fume as He sends $40B to Argentina while they face ‘Bankruptcy’
“Thereʼs always cycles in agriculture, right?” Bart Ruth said as his truck bounced down a gravel road between flat fields of corn and rye stubble, part covered in snow. “But there havenʼt been too man...
Across the US this year, farmers have seen costs soar and the price of their produce tumble as Donald Trump’s flagship tariffs sparked a trade war with China.
American farmers, who voted en masse for Trump last year, are now warning of the worst economic crisis since the 1980s, when soaring interest rates and a slump in exports saw the price of crops and the value of farmland collapse. About 300,000 farmers defaulted on their loans and thousands were driven into bankruptcy.
“We spent a hell lot of time in China building relationships, building those markets,” he said. “And then you basically piss it all away, to be blunt.”