Reprinted with permission from Creators.
Not long ago, agriculture was a crown jewel of America’s export economy. Then President Trump happened.
He launched his “easy-to-win” trade wars, and our trading partners hit back right where the farm belt hurts.
Soybeans have been our biggest farm export and China their biggest foreign market. Last year, U.S. farmers sold almost $14 billion worth of soybeans to China. That amount is down considerably, to say the least. In November, China’s imports of U.S. soybeans fell to zero.
Leave it to others to explain why the agricultural heartland so ardently backed a presidential candidate promising a trade conflagration sure to hit it the hardest.…