半世纪辉煌不再！美国上半年农业逆差飙升至286亿美元创历史新高

Core Insights - The U.S. agricultural trade deficit reached a record level in the first half of 2025, indicating a decline in the U.S. farmers' long-standing dominance in global agricultural exports [1][3] - The USDA reported that in June, agricultural exports were $4.1 billion lower than imports, marking a 14% year-over-year increase in the deficit, which totaled an astonishing $28.6 billion for the first half of the year [1][3] - This shift in trade balance represents a historic turning point for the U.S. agricultural sector, which had maintained a trade surplus for the past fifty years [1] Factors Contributing to Trade Imbalance - Limited expansion capacity for U.S. crops and livestock, coupled with a growing demand for imported agricultural products, are key factors worsening the trade balance [3] - The trade war initiated by former President Trump has led China, the largest agricultural importer, to increasingly rely on Brazilian agricultural supplies [3] - U.S. domestic policies have shifted more crops towards biofuel production, reducing the surplus available for export [3] Tariff Implications - A new round of comprehensive tariff increases officially took effect, further raising the average tariff rate to 15.2%, significantly higher than last year's 2.3%, marking the highest level since World War II [3]