American farmers say China tariffs are making life worse — and rancher support for Trump is fading fast
Farmers are revolting against Trump, saying that he’s been making their lives worse by damaging the demand of American produce because of the trade war.
But Trump has repeatedly defended farmers, saying China’s practices have been “unfair.”
Farm bankruptcies were up 13% from 2018 and loan delinquencies are rising.
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Farmers say Trump’s tariffs are making their lives worse, a sign his base may show signs of flagging support for the president.
According to the American Farm Bureau, farming bankruptcies have risen 13% in the year through to June — roughly in line with the start of the trade war.
Roger Johnson, president of the National Farmers Union, said to Markets Insider in an email that while chronic overproduction has also been an issue, as well as adverse weather and climate change having an impact on growing, Trump’s administration has added to the pain.
“Instead of looking to solve existing problems in our agricultural sector, this administration has just created new ones,” Johnson said, adding that Trump is “burning bridges with all of our biggest trading partners.”
“Things have been difficult for farmers long before this trade war rolled around. Farmers are making half of what they were in 2013, and they’ve taken on record levels of debt just to keep their doors open.”
Read more: China is sourcing more of its farm goods from other countries, and that’s a bad sign for the US
Support for Trump is still strong, but quickly waning. In a Farm Journal Pulse survey, if 1,153 farmers, 71% said they still support the president. But the number of farmers who strongly approved of the president fell by 10 percentage points to 43% in July.
But despite pleas from Trump’s voter heartland to reverse the trade …read more
Source:: Business Insider