(Ana Swanson & Jim Tankersley – New York times)
President Trump will head to Tennessee on Monday to appeal to farmers, a key demographic that helped elect him, as he promotes his tax law and previews a new White House strategy to help rural America.
But back in Washington, some of the economic policies his administration is pursuing are at odds with what many in the farm industry say is needed, from a potentially drastic shift in trade policies that have long supported agriculture to some little-noticed tax increases in the $1.5 trillion tax law.
American farmers are facing some of the most challenging times in a generation. Global prices for their products — including corn, wheat and other commodities — are mired in a multiyear slump, and the rural economy has remained sluggish since the recession. Net farm income has been roughly halved in the last four years, the largest four-year decrease since the Great Depression, the American Farm Bureau Federation says. Click here to read more.
- Farmers Celebrate Tax Reform at AFBF Convention (Farm Bureau)
- Farmers Worry About Trade, Hope President Trump Will Hear Their Concerns (Des Moines Register)
- Farmers Seek Signs That Trump Has Eased Opposition to NAFTA (WSJ)