Another view......
In wide-ranging recent comments criticizing President Donald Trump, Democratic presidential candidate Joe Biden touched
www.politifact.com
In addition, trade wars are far from the only factor at play for farmers in Wisconsin and nationwide.
Reuters described it this way:
The increase in (2019 bankruptcies) had been somewhat expected, bankruptcy experts and agricultural economists said, as farmers face trade battles, ever-mounting farm debt, prolonged low commodity prices, volatile weather patterns and a fatal pig disease that has decimated China’s herd.
John Newton, chief economist at the Farm Bureau, cited many of the same factors in an interview with PolitiFact Wisconsin.
"The farm bankruptcies are a function of not only retaliatory tariffs on U.S. agriculture by China, but also years of low commodity prices created by a global economic slowdown and large supplies of grains, oilseeds and livestock products internationally and recent natural disasters," Newton said in an email. "I don’t think you can lay the blame of higher farm bankruptcies on the retaliatory tariffs alone."
Our ruling
Speaking in Manitowoc, Biden said Trump started a trade war that "led to a surge in farm bankruptcies."
The trade wars have indeed hit farmers hard. And bankruptcies rose at the height of the trade wars, increasing more than they had in the four prior years.
But this claim oversimplifies by listing the trade wars alone as being responsible for that increase.
We define Half True as a statement that is partially accurate but leaves out important details or takes things out of context. That fits here.
This fact check is available at IFCN’s 2020 US Elections FactChat #Chatbot on WhatsApp. Click here, for more.