In rural America, the Trump administration inherited a farm economy that saw the cost of doing business skyrocket under the previous administration. Commodity prices plummeted from a 30 year high. Farm income experienced historic declines in those four years. Our farmers saw not one new trade deal in those four years under the last administration. And when we came back, when we left in 2021, we had an $8 billion agricultural surplus, trade surplus. When we came back, it was a $50 billion agricultural trade deficit. (03:06–03:13)
CLAIM
Asserts that no new trade deals were made for farmers during the previous administration's four years.
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.
