China is normally the largest export market for U.S. agricultural products. In a typical year, we sell tens of billions of dollars worth of agricultural products to the Chinese, but now that door has been slammed shut thanks to the extremely high tariffs that China has imposed on U.S. imports. If that door is not reopened very soon, farmers all over the nation will be facing financial ruin due to massive financial losses that are already piling up. This is not a crisis that may or may not arrive someday. As you will see below, this is a crisis that is already here.
The post “It Is A Full-Blown Crisis Already”: Farmers Cry Out For Help As Massive Financial Losses Pile Up And Demand For U.S. Agricultural Products Disappears was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.
