'Crisis': US farm exports collapse to pandemic-era levels as Trump's tariffs ramp up
The U.S. farming sector is on the brink of crisis as President Donald Trump's trade war implodes America's ability to ship crops abroad, reported CNBC on Tuesday morning.
This follows warnings from lawmakers in Trump's own party who represent agricultural areas, fearing the negative impact on the mounting taxes and retaliatory taxes from other countries.
"What began as a rapid drop in U.S. imports as shippers cut orders from manufacturing partners around the world has now extended into a nationwide export slump...