… 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. Cost increases for everything else are coming very soon as well. (04:31–04:41)
CLAIM
Asserts that inflation has risen from 2.8% to 3.5% since the war began.
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.
