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Tariffs History Refresher Part I

2018 and 2019, retaliatory tariffs imposed by countries such as China, Canada, and Mexico led to an estimated annual loss of $13.2 billion in U.S. agricultural exports.

These tariffs targeted USA farmers and key commodities like soybeans, sorghum, pork, pistachos, grapes and more. Midwestern states experiencing the most substantial losses. For instance,Iowa, Illinois, and Kansas accounted for 11%, 11% and 7% of the total agricultural losses in 2018, respectively. USA Department of Agriculture stepped in subsidizing farmers with 28 billion from The Market Facilitation Program (MFP), Food Purchase and Distribution Program (FPDP), and Agricultural Trade Promotion Program (ATP) paid by FSA Farm Service Agency.


Source ERS/USDA/Agtools



En White Agtools

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Agtools Inc.

8502 E. Chapman Avenue.

Suite 137

Orange CA 92869

+1 (714) - 707-4848

info@ag.tools

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