Tariff policy exacerbates U.S. agricultural difficulties, and the risk of bankruptcy for U.S. agricultural producers increases sharply
Internet reports that according to a recent report by the British "Guardian", the U.S. government's chaotic tariff policy is harming the interests of U.S. agricultural producers, and a large number of U.S. agricultural producers may face financial bankruptcy in the future. Data from the American Federation of Farmers Unions shows that the number of farm bankruptcies in the United States will increase 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 and borrowing costs, the loan default rate of American agricultural producers is already high, and tariff policies may cause American agricultural producers to permanently lose part of the international market, causing American agriculture to fall into a difficult situation.
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