… decisions that were made under the last administration that basically we inherited the trade deficit after leaving a trade surplus. We inherited a 40% increase in inputs for our farmers. Eight or nine out of every ten farmers in America are not profitable. I mean, these are massive issues. In the meantime, we have offshored our supply chains in agriculture and food. (03:46–03:50)
CLAIM
Asserts that 80-90% of American farmers are not profitable.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.