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Thursday, August 07, 2025

Tariffs and Rising Imports Erode Decades of Surpluses

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... The U.S. agricultural trade deficit hit a record high in the first half of 2025, underscoring the continued decline of American farmers' long-dominant role in global exports amid President Donald Trump's trade wars.

The value of agricultural exports trailed that of imports by $4.1 billion in June -- a gap 14% wider than a year earlier -- pushing the sector's deficit to $28.6 billion for the first six months of the year, according to data released Aug. 7 by the Department of Agriculture.

The widening deficit marks a historic reversal for the U.S. agricultural sector, which for the past five decades had consistently run major trade surpluses -- even serving as a key foreign policy tool during the Cold War.

The shift began during Trump's trade war with China in his first term, with the initial annual deficits recorded in 2019 and 2020. Negative flows continued over the past three years. ...



#1 | Posted by LampLighter at 2025-08-07 06:09 PM | Reply

...according to data released Aug. 7 by the Department of Agriculture.

They won't make that mistake again.

#2 | Posted by REDIAL at 2025-08-07 06:27 PM | Reply

@#2

Yeah.

As I was posting that, I was musing who might get fired because of the numbers.

#3 | Posted by LampLighter at 2025-08-07 06:33 PM | Reply

Trump f----- farmers almost as hard as he f----- Ivanka's thirteen year old lookalike.

#4 | Posted by snoofy at 2025-08-07 06:33 PM | Reply


But politics aside, how are Pres Trump's policies helping our farmers?

#5 | Posted by LampLighter at 2025-08-07 06:33 PM | Reply

This is great for Trumpers and the Economy.... or is it... "TREASON!!".

#6 | Posted by Corky at 2025-08-07 06:44 PM | Reply

@#5 ... how are Pres Trump's policies helping our farmers? ...

OK, imo ...

Pres Trump's policies do not seem to be helping the smaller farmers.

The policies appear to be pushing them towards bankruptcy.

But why?

Possibly so that the large corporate wealthy-owned farm conglomerates are then able to buy up the land of those smaller farmers for a song.


#7 | Posted by LampLighter at 2025-08-07 07:55 PM | Reply

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