US-China trade war hits American farms as bankruptcies soar

Midwest flooding and decreased exports push insolvency filings to 8-year high

20191218N corn and iowa farmer

A Bellevue, Iowa farmer poses for a portrait in his corn field. © Reuters

MOMOE BAN and YOKO NOGE, Nikkei staff writers

NEW YORK/CHICAGO -- American farmers who went bankrupt reached a high not seen in eight years because of massive floods and exports depleted by the U.S.-China trade war.

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