The tariff policy has exacerbated the plight of U.S. agriculture, and a large number of agricultural producers may face financial bankruptcy in the future

According to a report from The Guardian, the chaotic tariff policies of the U.S. government are harming the interests of American agricultural producers, and many U.S. agricultural producers may face financial bankruptcy in the future. Data from the American Farm Bureau Federation indicates that the number of farm bankruptcies in the U.S. is expected to rise by 55% in 2024 compared to the previous year, while many farms have been experiencing a continuous deterioration in cash flow in recent years. National Public Radio reported that, due to high production and borrowing costs, the loan default rate among American agricultural producers has surged, and the tariff policies may cause American agricultural producers to permanently lose a portion of the international market, putting U.S. agriculture in a difficult situation.