Farm Country and the Trump's Trade Wars

The total loss in Nebraska farm revenues due to the retaliatory tariffs ranges from $695 million to $1.026 billion so far in 2018,” Rempe said. “That’s roughly 11 to 16 percent of the export values of Nebraska agriculture goods in 2017.”In terms of the broader Nebraska economy, the analysis says that when direct farm losses are combined with the state’s labor income losses, the total economic loss to the state of Nebraska from retaliatory tariffs climbs to between $859 million and $1.2 billion.Nebraska Farm BureauIowa farmers could lose up to $2.2 billion from the U.S.'s trade wars, a new study shows, and those losses would ripple through the economy, hitting state tax receipts, jobs and industries such as manufacturing. Iowa State U