Summary
Trump’s move to defund USAID is causing unintended consequences for American farmers and businesses.
The Washington Post reports that USAID purchases billions in U.S. agricultural products, with American farms supplying 41% of its food aid.
The funding freeze has already halted $340 million in food shipments, leaving tons of wheat stranded in Houston.
Experts warn this decision directly harms American jobs and businesses, as much of USAID’s aid is administered through U.S.-based organizations employing American workers.
https://www.ers.usda.gov/publications/pub-details?pubid=102979
A 2022 US dept of agriculture publication, the overview: “This report provides a detailed look at the impact of retaliatory [2018] tariffs by State and commodity and estimates the direct export losses associated with the trade conflict.” Added 2018 for context
Takes two clicks to get to the summary. I can’t tell what the US even won out of the war, but looks like we lost damn bigly. And are pushing the same tarrifs again 💀
Once countries find and make deals with other suppliers they rarely return. Farmers were bailed out last time but a crashing economy is going to make it difficult this time unless the orange Jabba just prints more money again, then look for runaway inflation.