According to ChainCatcher, citing a recent report from The Guardian, the chaotic tariff policies of the US government are harming the interests of American agricultural producers, and many US agricultural producers may face financial bankruptcy in the future.
Data from the American Farm Bureau Federation shows that the number of farm bankruptcies in the United States increased by 55% year-on-year in 2024, while the cash flow of many farms has been continuously deteriorating in recent years. A recent report by National Public Radio stated that due to high production and borrowing costs, the loan default rate of US agricultural producers has remained high, and tariff policies may cause US agricultural producers to permanently lose part of their international markets, putting the US agricultural sector in a difficult situation.
