Trump losing farmers support
January 16, 2019 | Investopaper
The president of California Farm Bureau Federation said that farmers prioritize reliability and predictability the most in their need. He further elaborated that Trump could not assure this in recent times which has waged an anger among the farmers.
On the other hand, the trade war has hit the farmers as their product prices has declined with increase in unpredictability as well. They have also lost their market share due to this. The government shutdown has worsen the situation as some farmers are left with no choices for loan and subsidies.
Citing the effects of the trade war,the California Farm Bureau Federation president said that the China tariff has caused a loss to the farm industry. The China’s tariff has severely affected the farmers producing walnut, citrus and sweet cherry. He informed that China consumed $2 billion dollar of citrus from US import to illustrate the effect.
In this scenario, it is interesting to see how the coming days will be fruitful to the farmers.