Across the US this year, farmers have seen costs soar and the price of their produce tumble as Donald Trump’s flagship tariffs sparked a trade war with China.
American farmers, who voted en masse for Trump last year, are now warning of the worst economic crisis since the 1980s, when soaring interest rates and a slump in exports saw the price of crops and the value of farmland collapse. About 300,000 farmers defaulted on their loans and thousands were driven into bankruptcy.
“We spent a hell lot of time in China building relationships, building those markets,” he said. “And then you basically piss it all away, to be blunt.”
You’re on the brink of war with Venezuela, they’ve removed Calibri font from federal documentation, and half of the White House has been demolished while the rest of the building is vandalized. And all the while, it’s more expensive to feed yourself.
Facing bankruptcy is a small price to pay, when you get all of these things.
Two in the thoughts, one in the prayers.