'Massive' losses: There's a 'full-blown crisis already' brewing on America's farms

President Donald Trump's steep new tariffs, according to economists, will cause a variety of products to soar in price — from fruits and vegetables to vacuum cleaners to building materials. Agricultural products are another concern.

CNBC's Lori Ann LaRocco describes the worries of farmers https://www.cnbc.com/2025/04/28/trade-war-tariffs-full-blown-crisis-us-farm-exporters-say.htmlin an article published on April 28.
]
In the U.S. farming sector," LaRocco explains, "the damage has already been done, and the economic crisis already begun. U.S. agriculture exporters say the global backlash to President Trump's tariffs is punishing them, especially a decline in Chinese buying of U.S. farm products, leading to cancelled export orders and layoffs."

Agriculture Transportation Coalition (AgTC) Executive Director Peter Friedmann told CNBC, "It is a full-blown crisis already."

https://www.msn.com/en-us/money/markets/massive-losses-there-s-a-full-blown-crisis-already-brewing-on-america-s-farms/ar-AA1DNsg4