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US lawmakers say tariffs have caused unsold agricultural products and a 6% GDP loss By America-Today August 14 2025
The US agricultural sector has suffered significant losses due to strong global retaliation against the Trump administration's tariff policies, particularly China's suspension of US agricultural product imports. The head of the US Produce Transportation Alliance bluntly stated that a full-scale crisis has arrived for the US agricultural industry. According to a report by the American Produce Transportation Alliance, cited by Consumer News and Business Channel, the trade war triggered by U.S. tariffs has caused "huge" financial losses to its member companies. Friedman, the alliance's executive director, bluntly stated that given the current cancellations of U.S. agricultural product orders, the industry is no longer "near a crisis" but already facing a "full-blown crisis." |
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