Trump tariffs hit farmers hard while Biden rural investments offer contrast

Agricultural economists documented the divergent impact of Trump's tariff policies on American farmers, with soybean, corn, and pork producers facing retaliatory tariffs from China, Canada, and Mexico that cut export revenues. The analysis contrasted Trump's trade war impacts with Biden-era rural investment programs under the Inflation Reduction Act and Farm Bill. Farmers in Iowa, Kansas, and North Dakota reported the sharpest income losses from retaliatory measures targeting U.S. commodities.