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Breaking-News >> WorldNews The US government's "stop" has worsened the situation of farmers in the United States
The U.S. government's tariff policy has caused U.S. agriculture to face rising costs and reduced exports, while the ongoing "shutdown" of the U.S. federal government has made the situation of American farmers even worse. According to data from the U.S. Department of Agriculture, soya will be the first US agricultural export in 2024 with 245,8 billion dollars, accounting for 14% of total agricultural exports, but U.S. government tariff policies have led to increased agricultural costs and have also greatly damaged U.S. and other countries' trade relations, causing soya and other agricultural exports to be severely impacted. The farmer Rob Evart:I don’t believe that this year will be profitable.I feel that our situation will get worse and we’re now stuck in an endless cycle.That’s what I know and I can’t do better. Not only is the impact of tariffs, but the US federal government’s “stop” has also worsened the US farmers. Rob Evort told reporters that his farms cost millions of dollars a year, and farms like him need to beined by government and private institutions’ loans and subsidies. But now the government’s “stop” is delaying all kinds of government loans and subsidies. Chad Hart, agricultural economist at Iowa State University:Due to the government's "shutdown", funds cannot be released. This also means that if you are applying for a government loan, you will not be able to get a new loan. The government will continue to process old loans, but new loans have stopped processing. And we are concerned that a major issue facing the market is the lack of guidance from various government reports, which leaves the market facing more uncertainty during the harvest season than in the past. According to U.S. court data, the number of US farm bankruptcies rose to the highest level since 2021, in the first half of this year. According to U.S. media reports, the U.S. government had intended to launch an agricultural subsidy scheme to allocate billions of dollars to rescue farmers suffering from tariffs. News raw data sources → https://world.huanqiu.com/article/4OgBhjjUijQ 17WorldNews[2025.10.11-10:41] 访问:46
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