Trump Tariffs: Farm Bailout or Long-Term Burden?

Trump considers new farmer bailout amid tariff troubles! As harvest season arrives, farmers face rising equipment costs and shrinking exports due to Trump-era tariffs. Soybean farmers are particularly hard-hit by China's retaliatory tariffs, losing a key export market. While some sectors benefit, the USDA blames Biden for current struggles, despite record exports in 2022. A potential bailout may offer short-term relief, but experts question its long-term impact on U.S. competitiveness as trade wars escalate. Hosted on Acast. See acast.com/privacy for more information.