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Fact check: How have tariffs influenced the US farming industry's export market share since 2020?

Checked on September 23, 2025

1. Summary of the results

The analyses provided suggest that tariffs have had a negative impact on the US farming industry's export market share since 2020, particularly in relation to soybean exports to China [1]. The tariffs have led to a decline in US soybean exports to China, with China shifting its purchases to other countries such as Brazil [2]. This has resulted in a decline in US agricultural exports to China, with a notable decline of 39% in US agricultural exports to China between June 2024 and June 2025 [3]. The tariffs have also disrupted global grain markets, with potential consequences for food security, particularly in developing countries that rely heavily on imports [4]. Some farmers have struggled to sell their crops, facing financial difficulties and storage issues, while others have considered bankruptcy or suicide due to financial pressures [5]. However, some farmers support the tariffs as a means of regaining an edge in the global economy, despite short-term challenges [6].

2. Missing context/alternative viewpoints

A key missing context in the original statement is the impact of tariffs on different types of crops, with some analyses focusing on soybeans [1] [2] while others discuss the broader impact on grain markets [4]. Additionally, the original statement does not consider the potential benefits of tariffs for some farmers, who believe that the tariffs will strengthen their industry in the long term [6]. Alternative viewpoints include the idea that local food systems could mitigate the effects of tariffs [7], and that policymakers should be aware of the potential consequences of tariffs on global food systems [4]. The analyses also highlight the need for more data-driven insights into the impact of tariff escalations on US farm exports to China [3]. Furthermore, the original statement does not account for the diversity of opinions among farmers, with some farmers struggling to survive due to the tariffs and others supporting them [6].

3. Potential misinformation/bias in the original statement

The original statement may be biased towards a negative view of tariffs, as it does not consider the potential benefits of tariffs for some farmers [6]. Additionally, the statement may be misleading in its focus on the US farming industry's export market share, without considering the broader impact of tariffs on global grain markets and food security [4]. The analyses suggest that the impact of tariffs is complex and multifaceted, with both positive and negative effects on different groups of farmers [6]. The original statement may also overlook the role of other countries, such as Brazil, in the global soybean market [2]. Overall, the analyses suggest that a more nuanced and balanced view of the impact of tariffs is necessary, taking into account the diverse perspectives and experiences of farmers and the broader consequences for global food systems [4] [6].

Want to dive deeper?
What were the primary US agricultural exports affected by tariffs since 2020?
How have US tariffs impacted the soybean export market share compared to other countries?
Which countries have imposed retaliatory tariffs on US farm products since 2020?
What role have trade agreements like USMCA played in shaping the US farming industry's export market share?
How have tariffs influenced the US farming industry's reliance on government subsidies since 2020?