The tariff policy has exacerbated the difficulties of American agriculture, and the risk of bankruptcy of American agricultural producers has increased sharply
According to a report in the Guardian, the US government's chaotic tariff policy is harming the interests of American agricultural producers, and a large number of American agricultural producers may face financial bankruptcy in the future.
According to the American Federation of Farm Associations, the number of farm bankruptcies in the United States rose by 55% year-on-year in 2024, while the cash flow of many farms has been deteriorating in recent years. National Public Radio recently reported that due to high production costs and borrowing costs, the loan default rate of American agricultural producers has been high, and the tariff policy may cause American agricultural producers to permanently lose part of the international market, putting American agriculture in a difficult situation.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.