Michael Hiltzik: Trump's trade war is wrecking America's farm economy
Farm prices are down, bankruptcies are up, farm equipment is getting more expensive and export markets are fading away: Is there anything to like about the impact President Trump has had on the agricultural economy of the United States?
It's no secret that the nation's agricultural midsection has been a haven of support for Trump. But it also has been pummeled by his policies, not least among them his truculent trade war with some of the farm belt's most important export markets, such as China. Over the last week, fears have risen that the trade war is entering a new long-term phase.
Last November, Chinese soybean imports from the U.S. fell to
