The Worsening Agricultural Trade Deficit: Its Impacts & How We Solve It

For three of the last five years, the United States ran an agricultural trade deficit. Now, economists at the USDA are forecasting another deficit for 2024 of over $30 billion — the worst ever on record.

The U.S. agricultural trade deficit leaves our food system vulnerable as we have become increasingly reliant on imports from other countries to feed our people, and the impacts ripple across the entire food system. The escalating agricultural trade deficit is an alarm bell to our nation’s farmers, ranchers, workers, and consumers, and it should be a wake up call for our government.

Watch the recording of this roundtable discussion to learn about the impacts of and solutions to our growing agricultural trade deficit from farmer, food system worker, and trade expert perspectives.

Speakers:

• Bill Bullard, R-CALF USA
• Morgan Harper, American Economic Liberties Project
• Katelyn Hettinga, Rethink Trade
• Christian Lovell, Farm Action
• Rachel Lyons, UFCW

Watch the recording here!