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What happened to U.S. farmers during the last trade war

LaVon and Craig Griffieon on their farm near Ankeny, Iowa.
Grant Gerlock
/
for NPR
LaVon and Craig Griffieon on their farm near Ankeny, Iowa.

The U.S. exports billions of dollars worth of agricultural products each year — things like soybeans, corn and pork. And over the last month, these exports have been caught up in a trade war and subject to enormous retaliatory tariffs.

U.S. farmers have been collateral damage in a trade war before. In 2018, President Trump put tariffs on a bunch of Chinese products including flatscreen TVs, medical devices and batteries. The idea was that the tariffs would make these Chinese products more expensive so people in the U.S. would buy fewer of them and maybe buy more American goods instead.

But China matched those tariffs with retaliatory tariffs of their own. They put tariffs on a lot of U.S. agricultural products they'd been buying, like soybeans, sorghum, and livestock. That choice looked strategic. Hitting these products with tariffs hurt Trump's voter base and might help China in a negotiation. And in some cases, China could find affordable alternative options from other countries.

Today on the show, what happened in 2018, how the government stepped in to prevent U.S. farms from going bankrupt, and what was lost even after the trade war ended.

This episode was produced by Sylvie Douglis and edited by Jess Jiang. It was engineered by Robert Rodriguez and fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.

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Music: NPR Source Audio - "Down the Rabbit Hole," "Make Mine a Double," and "Sorority."

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Amanda Aronczyk (she/her) is a co-host and reporter for Planet Money, NPR's award-winning podcast that finds creative, entertaining ways to make sense of the big, complicated forces that move our economy. She joined the team in October 2019.
Jeff Guo
Jeff Guo (he/him) is a co-host and reporter for Planet Money, NPR's award-winning podcast that finds creative, entertaining ways to make sense of the complicated forces that move our economy. He joined the team in 2022.
Jess Jiang is the producer for NPR's international podcast, Rough Translation. Previously, Jess was a producer for Planet Money. In 2014, she won an Emmy for the team's T-shirt project. She followed the start of the t-shirt's journey, from cotton farms in Mississippi to factories in Indonesia. But her biggest prize has been getting to drive a forklift, back hoe, and a 35-ton digger for a story. Jess got her start in public radio at Studio 360—though, if you search hard enough, you can uncover a podcast she made back in college.