The article discusses the uncertainty faced by American farmers as they navigate the challenges posed by the Trump administration's tariff war, affecting exports and future harvests. With significant portions of U.S. agricultural exports targeted by tariffs, farmers fear the repercussions of fluctuating trade relations with key partners like China, Mexico, and Canada. The situation is compounded by the reliance on loans for sowing, which will only be repaid after harvests are sold. Farmers remain cautious, expressing skepticism about the permanence of any potential trade agreements, keeping them in a state of anxiety as planting seasons progress.
A shock to international trade has profound repercussions for the domestic agricultural industry, especially given that 47% of exports go to the three countries the president has targeted.
Farmers are holding their breath as sowing is often only possible thanks to a loan that will be repaid when the harvest has been sold, many months down the road.
Even if some trade deal is announced, you don't really know how long it's going to be in place. What's going to happen tomorrow?
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