Trump’s tariffs are upending crop trading, delaying tractor purchases and constraining imports of chemical supplies into the United States.

That’s the main message from big agricultural businesses as they report their quarterly earnings, giving an early glimpse into the far-reaching impacts of the U.S. president’s trade war.

The disruptions in global trade threaten to extend a years-long slump in the U.S. farm industry, which had already been struggling with ample supplies, depressed crop prices and rising competition from Brazil. Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.

  • catbum@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    6 days ago

    Calling it now: Another 80s style farm crisis is on the horizon. Subsidies evaporate, farms go under, land prices drop… just in time for SA “refugees” to swoop in and “expr*priate” their pick of struggling Americans’ farms for pennies on the dollar. Another part of E-boy’s long con in his racist white SA buddies taking over the country as we know it.

    Call me crazy, idc. I just wish I could warn my dad but he’s too deep in the maga koolaid, primed as far back as 2010 by working side by side with SA custom harvesters already working the area. Yup, all according to plan.

    https://en.m.wikipedia.org/wiki/Expropriation_Act,_2024

    Whoever wrote this wiki page intentionally made it confusing AF. Someone’s been astroturfing.

    • meh@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      0
      ·
      6 days ago

      you’re crazy. musky will be buying up those farms himself through LLCs then leasing them out to his kinda whites. nobody avoids the grift not even the one assuming they’re being let in on it.