The winners and losers of Trump’s first tariff war strongly suggest that bankruptcy and consolidation could specify during their second term, with large corporations that are best set up to benefit from their independent farmers’ injuries.
New analysis of the investigating research advocacy group Food and Water SAT (FWW), it is shared exclusively with the guardian, shows that Trump’s first-war tariffs were especially evoked for farmers in rural happiness.
Bankrotes of farms that have increased by 24% since 2018. until 2019. year – maximum number in almost a decade – as retalia rates cost US farmers of stunning $ 27 billion.
Farm numbers dropped at the lowest rate in two decades with the smallest operations (one to nine hectares) the heaviest hit, decreasing by 14% between 2017. and 2022. Years. Meanwhile, the number of agricultural holdings up to 5.5 mil. Up to $ 5.5 million more than doubled.
The losses from the first-war trade war were mostly concentrated in the middle of the West due to the focus in the region on export goods such as corn, soybeans and cattle rely on the cinema. States with different agricultural sectors such as California and Florida have experienced lower incomes and export rates than in previous years, suggesting that the trade war played a role, according to Trump Last Tarrifa Tantrum: Warning.
The shutter collapse suggests that the Trump Tariff package of Tariff Egidies in the amount of 28 billion dollars for 2018-19.
The upper tenth of the recipient received 54% of all means of rescuing taxpayers. Top 1% received on average 183,331 USD, while the lower 80% got less than $ 5,000, according to the words Previous analysis.
The number of black farmers fell by 8% between 2017. and 2022, while the white farmers decreased by less than 1%.
“President Trump’s trading war violated independent farmers and used corporations, offering a warning about what will come without a plan to help farmers,” said Ben Murray, a senior researcher at the FWW.
“Trump’s latest announcements of Slap-Cartish will probably undermine American farmers, and uses multinational products that can easily move the product for life policy. The Hatiotic Tariff Chip is not any way to keep agricultural policy policies.”
The first 100 days Trump 2.0 led to turmoil and uncertainties for consumers, manufacturers and markets, in the middle of an emergency threat, confusing U-turns and retaliation from trading partners.
Trump’s second trade war could be even more harmful for American farmers and rural communities, because they are at the top of the Agency, funds and policies to adapt to climate shocks, fighting in the racists inequality and strengthen the regional food market. By the end of April, more than $ 6 billion promised federal funds frozen or interrupted, toward National monitoring of the Association of Sustainable Agriculture.
Rural Counties gathered behind Trump 2024. Year, giving him most of him in all 11 of 444 counties dependent on agriculture, According to an analysis of the middle West investigation.
Last week, the Agricultural Secretary, Brooke Rollins, played probable agricultural database, but said the administration was preparing a plan to reduce injuries if farmers were injured for injuring trade wars. “We’re working on it. We’re preparing for it. We don’t believe it will be necessary,” Rollins Fox News said. “We are out of the world, we are currently opening new markets.”
American Agricultural Policy has a long incentive monochroping of export goods such as wheat, corn, soybeans, sirgum, rice, cotton – and industrial agriculture animals – not production for domestic consumption. This globalized agricultural system favors large and corporate operations, while it exceeds small, diverse farms and regional nutritional systems. This is the system inextricably related to the global brand, and thus extremely vulnerable to trade wars.
Payments for rescue from 2018 were set up in such a way that, “subsidies” encourages and promotes “loss of smaller and secondary and medium agricultural holdings – for the tariffs carried out without a coherent plan for American agricultural policy and help farmers transition to the domestic market.
Number of large farms – those who earn more than $ 500,000 – increased by 18% between 2017. and 2022. years. “Taxpayers are basically requested to subsidize farm consolidation” At that time, the working group for environmental protection said.
Trump’s first-war tariffs hit soybean farmers, which are highly dependent on China, the hardest, with exports that descend 74% in 2018. from the previous year. Number of soy farms dropped almost 11% between 2017. and 2022. – a significant reversal of wealth due to growth of 9% compared to the previous decade. In fact, the only winners after the Trump Trade War were large agricultural holdings, those who pick up at least 1,000 hectares of soy, was found FWW analysis.
The 2008/19 tariff bailout package was also used to facilitate the contract and purchase of goods. A significant share went to the $ 1 billion corporations that already have a task for American food and rural communities.
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Arkansas-Sakrat Tyson Foods received almost 29 million dollars in federal contracts and purchases between August 2018. and July 2019. years, while Brazilian JBS provided almost 78 million dollars. The JBS used its market power to undermine competition, winning a quarter of a total of $ 300 million in taxpayers assigned to federal pig shopping, according to the FWW.
Two multinational are currently controlling 40% to 50% of the American beef, 45% poultry, and together with two other corporations, 70% of the swine market.
Things could be even worse under Trump 2.0, and the president does not seem to be the worrying of the market or surveys anymore.
John Boyd JR, a black farmer of the fourth generation, is unable to provide an operational loan for the farm, because Trump Tariffs sent commodities. USDA field offices that help farmers are reported for credit and government subsidies, which are black, home and other minority farmers already disproportionately rejected, close on behalf of efficiency.
“This administration puts the heads of black farmers and making fun of us unattended and without a return cube,” said Boyd, president and the founder of the National Association for Black Farmers, who in Virginia farmers, wheat, corn and beef in Virginia. “Trump tariffs are a recipe for a complete disaster, and this time his voters in red states also hit her face.”
Trump 2.0 Tariffs against China are higher and expanded, and the target results of other agricultural partners are trading. China was better prepared, because she diversified their import markets in Brazil and other Latin American countries since Trump’s first trade war, while American domestic agricultural policy barely changed.
“The management seems completely blind for the damage previously done, and in many ways what is happening now … concerns are worried about St. Lilliston, director of rural strategies and climate change in the Institute of Agriculture and Trade Policy.
At the end of April, China Canceled 1,000 tons of orders from us pork – The largest cancellation from the beginning of the caving pandemic, suggesting Trump Tariff War is already saboting trade.
“Lesson from last year didn’t make the right farmers. But the Long-term Lesson is to lose the credibility in trade. The U.S. secretary is overseas, but they are currently being done to the damage that is already done,” Lilliston said.
The USDA spokesman said: “President Trump first puts farmers and ensure that our trade partners are treated. The administration will need a program to be implemented, the goal of the department will always benefit from the agricultural environments of all sizes.”
A comment was contacted JBS, Tyson and the Federation of the American Agricultural Bureau, a group of lobies.
2025-05-08 09:00:00
