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Elizabeth Warren: “Farmers are also facing what we call retaliatory tariffs…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Trumps Tariffs: Are Costs Really Going Up?

Published | Video Starts at 08:45

First, Trump's chaotic tariffs mean that our farmers are paying more for fertilizer and paying more for their farm equipment. So that's one. But the higher prices don't stop there. Farmers are also facing what we call retaliatory tariffs from other countries. In this case, other countries aren't buying as many things from American farmers. And the result, those farmers are losing billions of dollars because they are losing foreign customers. (08:45–08:51)

CLAIM

Asserts that farmers are affected by retaliatory tariffs from other countries.

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