70% of farmers right now in this country say that they will not have enough money in order to plant the next crop because the tariffs and the diesel prices are putting many of them out of business. Bankruptcies of farms are up almost 50% from before when Trump was president. Inflation was 2.8% before the war, well above the Federal Reserve's target. It is now 3.5%. That's an extraordinary increase, largely driven by fuel costs. But the costs of everything else are coming. (04:21–04:30)
CLAIM
Asserts that farm bankruptcies have increased by nearly 50% since before Trump's presidency.
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.
