'Anxious': US Farmers See Tariffs Threaten Earnings

Farmers worry that China's retaliatory tariffs on American goods will reduce incentives to purchase US agricultural products (Credit: AFP)

As President Donald Trump's sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices -- and the prospect of ceding more ground in foreign markets.

"We're already getting below break-even at the current time," said Jim Martin, a fifth-generation Illinois farmer who grows soybeans and corn.