By Lori Ann LaRocco – CNBC
The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what President Donald Trump’s Treasury secretary, Scott Bessent, has described as an unsustainable tariff war. But in the U.S. farming sector, the damage has already been done and the economic crisis already begun.
U.S. agriculture exporters say the global backlash to Trump’s tariffs is punishing them, especially through a decline in Chinese buying of U.S. farm products, leading to canceled export orders and layoffs.
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