‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailout

News Snapshot:

Farmers across the United States say they could face financial ruin – unless there is a huge taxpayer funded bail out to compensate for losses generated by Donald Trump’s sweeping cuts and chaotic tariffs. Small- and medium-sized farms were already struggling amid worsening climate shocks and volatile commodities markets, on top of being squeezed by large corporations that dominate the supply chain. In recent weeks, farmers in Texas and across the midwest have suffered millions of dollars of crop losses due to unprecedented heavy rainfall and flooding. The climate crisis-fueled extreme weather is compounded by the US president’s looming trade...