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Tariffs Are Starting to Squeeze Profits for Trump-Loving Farmers

Markets

Gerson Freitas Jr, Erin Ailworth

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August 8, 2025

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Bloomberg

President Donald Trump has repeatedly said he loves farmers. His actions, though, are rippling across the agriculture industry as tariffs raise the cost of everything from tractors to fertilizers and squeeze profits for US growers already contending with low crop prices.

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