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U.S. government trade policy book iStock

Ag trade woes already cost US farmers $10b in losses

Ag exports could drop $21.8b under protectionism policies, according to new analysis from Purdue University and Farm Foundation.

In the last two years, the Trump Administration has taken an aggressive stance on trade policies that have had a detrimental impact on U.S. agricultural exports. If continued or the protectionist measures expanded, the impact could result in U.S. agricultural exports dropping by $21.8 billion over the next four to five years. However, there is still hope to reverse the damages and offer export increases to U.S. agricultural producers.

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