U.S. Trade

Corn is harvested in Shelby County, Iowa, in early September. President Donald Trump has promised to send farmers billions of dollars in aid to help offset the loss after tariffs impacted agricultural markets, including China.

Farmers caught in Trump's trade war wait for bailout. But many call it a temporary fix

The Trump administration is promising billions in a bailout for farmers. This harvest season the trade war with China has added to the farm economy’s woes, as producers deal with lower crop prices and high costs.

Jason Imel, a deck hand with Cargill, Inc., blows excess soybeans off the top of a river barge and closes the barge’s loading lids on Friday, Dec. 22, 2023, at Cargill, Inc.’s facility in East St. Louis. For the third time in five years, the U.S. will import more agricultural products than it exports. However, this year’s deficit is tracking to be around $20 billion, far more than last year’s $2 billion deficit.

Economy & Business

Agricultural trade deficit could soon reach record highs. Is there cause for concern?

Will Bauer

Through November 2023, the United States has imported $20 billion more in agricultural products than it exported — putting the sector on pace to run a record deficit.

Health, Science & Environment

Midwest soybean farmers brace for impact of trade war

Shahla Farzan

Soybean growers in the Midwest are caught in the middle of an escalating trade war between the U.S. and China.China retaliated against the Trump…

Friday is the deadline for U.S.-China trade talks. If they fail and China's 25-percent tariff on soybeans goes into effect, Missouri farmers will feel the impact.

Economy & Business

Missouri soybean farmers fear the worst if Chinese tariffs go into effect

Soybean farmers across the Midwest are on the frontlines of a looming trade war between the U.S. and China. The first shots could be fired this week if…