Like this is a surprise! Tariffs on steel and aluminum combined with killing foreign food aid and retaliatory tariffs farmers have no market! So make the product more expensive and at the same time there is fewer buyers. So layoffs are going to happen. Deere is a canary in a coal mine.
Also, US tariffs on foreign fertilizer have boosted input costs while the disappearance of Chinese contracts have dropped crop prices. Who can afford new machinery? Meanwhile, Brazil and Canada have picked up those Chinese markets, which won't be coming back soon. And it's ALL on Trump.
Oh no, we will lose markets for decades because of this debacle. And all of this will float down to the consumer. Your Folgers? How about canned beans and tomatoes? Fresh produce? I’m sure that people are going to have to go back to WWII style victory gardens. I have. Debating chickens.