AG Secretary Says Biden Admin Racked Up $49 Billion Trade Deficit That Triggered

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U.S. Secretary of Agriculture Brooke Rollins said on Fox Business Wednesday that the Biden administration left a $49 billion deficit in the export market that led to the costs of agricultural inputs to rise by 30%.

During an appearance on “Kudlow,” Rollins said there’s a $49 billion deficit in farm products that deviates from the balanced trade figures seen four years prior under President Donald Trump. Rollins said the current surge in the farm costs were due to the failed policies of the Biden administration.

“When you bring the cost of inputs down, it went up 30% under Joe Biden. Listen, the export markets, we lost the entire market of exporting. We have a $49 billion deficit for our farm products and our farm producers,” Rollins said.

https://dailycaller.com/2025/03/05/ag-secretary-brooke-rollins-biden-admin-trade-deficit/