Corn is loaded onto a truck as harvest continues on the Warpup Farms in Warren, Ind., Thursday, Sept. 11, 2025. Michael Conroy/AP Washington —
American farmers are having a tough year , in no small part because of President Donald Trump’s trade war. Now, the White House is gearing up to extend them a multi-billion-dollar bailout, sources tell CNN.
Surging costs and foreign retaliation from tariffs have hurt the US agriculture industry — as have immigration-related labor shortages and plummeting commodity prices. Farm production expenses are estimated to reach $467.4 billion in 2025, according to the Agriculture Department, up $12 billion from last year.
Farm bankruptcies rose in the first half of the year to the highest level since 2021, according to US courts data.
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