It is also incredible to think that while those cost of inputs were skyrocketing, not one new trade deal was struck in the years between 2020 and … Our agricultural trade deficit deteriorated dramatically, shifting from a surplus...to a predicted $50 billion agricultural deficit just last year. … around the world by the President and our team, that number is actually going to come in around 41 billion. So we were able to cut that deficit, but 9 billion. (08:53–09:10)
CLAIM
Asserts that the agricultural trade deficit shifted from a surplus to a predicted $50 billion deficit.
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.
