Farm Bankruptcies Rise By 20 Percent In 2019 Amid China Trade War

The video discusses the impact of the US-China trade war on American farms, highlighting a 20% increase in farm bankruptcies in 2019. Despite $28 billion in emergency aid from the Trump administration, farm exports to China dropped significantly. President Trump announced a preliminary trade deal with China, promising increased agricultural purchases. However, the Farm Bureau's chief economist warns of ongoing economic uncertainty and low commodity prices.

What percentage did chapter 12 farm bankruptcies spike by in 2019?

How many farms sought bankruptcy protection in 2019?

What amount of emergency aid did the Trump administration provide for farmers?

What did President Trump say about the trade deal with China?

What concerns did the Farm Bureau's chief economist express regarding the bankruptcy data?