Farm bankruptcies are surging as Trump’s trade war drags on

November 28, 2018


As President Donald Trump maintains protectionist policies with global trading partners, an increasing number of farms in the Midwest are struggling to stay afloat.

At least 84 farm operations in Minnesota, Montana, North and South Dakota, and parts of northwestern Wisconsin filed for bankruptcy in the 12 months ending in June, according to a new analysis from the Minneapolis Federal Reserve, more than twice the level seen over the same period in 2014.

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