5 days ago
US Farm Trade Deficit Hits Record as Historic Shift Deepens
The US agricultural trade deficit hit a record high in the first half of 2025, underscoring the continued decline of American farmers' long-dominant role in global exports amid President Donald Trump's trade wars.
The value of agricultural exports trailed that of imports by $4.1 billion in June — a gap 14% wider than a year earlier — pushing the sector's deficit to a staggering $28.6 billion for the first six months of the year, according to data released Thursday by the US Department of Agriculture.
