The U.S. agricultural trade deficit has soared to over $30 billion in 2024, sparking discussions about new tariffs on imports from Canada and Mexico. But what does this mean for American farmers, consumers, and the global trade market? 🌎 🎙️ Damon Jones reports on the potential impact, featuring insights from Michael Adjemian of UGA’s Agriculture & Applied Economics department. 🔹 How could these tariffs help U.S. fruit & vegetable producers? 🔹 Will grocery prices increase due to seasonal changes? 🔹 Could retaliatory tariffs hurt American agricultural exports? 🔹 Might this policy open new markets for U.S. goods in the long run? #Agriculture #TradeDeficit #Tariffs #Farming #USDA #Economics #FoodPrices #TradeWar
3.10 min • a month ago
