US tariff policy has dealt a severe blow to US farmers

Under the impact of the US tariff policy, the American Farm Bureau Federation data shows that so far, Trump’s actions in his second term have led other countries to impose retaliatory tariffs on about $27 billion in US agricultural exports. Tariffs on imports of products including potash, a key ingredient in fertilizers, and steel and aluminum used in agricultural equipment may also put pressure on farmers. Some American farmers are worried that US agriculture will suffer a serious blow, and if the tariff war continues, many American farmers may face bankruptcy. Some American traders also said in an interview that because there are too many uncertainties in the Trump administration’s tariff policy, any decision they make must worry about being affected by new policy changes and causing their business to be paralyzed.