Brutal map shows why U.S. farmers want Trump to 'end the trade war'

The ongoing battle over tariffs between President Trump and China is negatively affecting farmers across the US. The conflict is expected to worsen as Trump instructed his aides on Friday to carry out his tariff plans of $200 billion in Chinese products. Even the cost of Hurricane Florence is made worse by the trade war. “The trade war is having impacts on all agricultural sectors,” Gary Schnitkey, Professor in Farm Management at the University of Illinois, told Yahoo Finance in a phone interview. According to a recent map, provided by the US Department of Agriculture’s Economic Research Service and highlighted by the farmdoc project at the University of Illinois, the net cash farm income has decreased in every American region in comparison to 2017. Blake Hurst, a corn and soybean farmer from Missouri, recently told Yahoo Finance that he’s already seen a 15-20% drop on the prices that he receives. “The only answer is to make progress in negotiations with China since they are the biggest soybean consumers,” he said. “Not more government programs, but to make progress.”..MORE