Summary
Trump’s new tariffs—10% across the board plus duties on 60 countries—threaten U.S. farmers already strained by high inflation, rising loan rates, and falling crop prices.
Unlike 2018, today’s farm economy offers less cushion, with depleted bailout funds and federal budget constraints limiting relief.
While herbicides and fertilizers are exempt, farmers fear retaliatory tariffs and export losses.
Farm groups and lawmakers urge moderation, prompting USDA to launch new trade initiatives. Still, widespread USDA staff cuts and uncertain support leave many farmers anxious, risking political fallout in key red states.
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