US farmers say Trump’s $12bn package not enough to undo damage from tariffs
Thousands of farms set to go bankrupt as grain farmers in particular hit by trade disruptions caused by price hikesDonald Trump, having promised to “NEVER LET OUR FARMERS DOWN”, appeared to come through for them this month when he unveiled a $12bn aid package. Industry leaders say thousands of farms will still go bust this year.While the US president has vowed to increase domestic farm production, and even claimed this formed a “big part” of his plan to lower grocery prices for Americans, many US farmers are grappling with mounting financial issues – compounded by Trump’s agenda. Continue reading...
Thousands of farms set to go bankrupt as grain farmers in particular hit by trade disruptions caused by price hikes
Donald Trump, having promised to “NEVER LET OUR FARMERS DOWN”, appeared to come through for them this month when he unveiled a $12bn aid package. Industry leaders say thousands of farms will still go bust this year.
While the US president has vowed to increase domestic farm production, and even claimed this formed a “big part” of his plan to lower grocery prices for Americans, many US farmers are grappling with mounting financial issues – compounded by Trump’s agenda. Continue reading...
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