The RecordExhibit 53
Farm bankruptcies climbing during the trade war
Measured trend means: A documented outcome or statistic, not a legal claim. How much of it is caused by administration policy is debated.
Farm bankruptcy filings in spring 2025 ran nearly double late-2024 levels, as China stopped buying U.S. soybeans in retaliation for tariffs.
What happened
Farmers face low crop prices, input costs up more than 30% in five years, and a thinner workforce after deportations. The administration weighed a $10 to $14 billion bailout, echoing the $23 billion paid out during the first-term trade war.
Where it stands
Farm distress predates Trump's return, and crop prices have been weak for years. Analysts say tariffs and labor disruptions pushed more farms toward the edge.
The administration's side
Trump has suggested tariff revenue can be used to help struggling farmers.
Sources
Permanent link: https://unredactedrecord.com/e/farms/