American agriculture has been impacted by U.S. tariff policies.

robot
Abstract generation in progress

[The U.S. agriculture has been impacted by U.S. tariff policies] Recently, U.S. media reported that the U.S. agricultural economy is suffering from the impact of the Trump administration's tariff policies, particularly in the agricultural trade and processing sectors. The Los Angeles Times specifically pointed out that China has significantly reduced its imports of agricultural products such as beef and soybeans from the U.S., turning instead to countries in South America and Europe for these imports. In addition, several U.S. tractor manufacturers have also stated that due to geopolitical uncertainties and trade frictions, the confidence of U.S. farmers has been affected, leading to a decline in sales in the first quarter. The tariff policies have also clearly suppressed the import of pesticides and fertilizers in the U.S. Some fertilizer companies have indicated that costs have risen due to tariffs, forcing them to raise product prices, with the final costs being borne by U.S. consumers. (cctv international news)

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)