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# ICYMI: Farmers Back President Trump’s Tariffs

The White House
May 7, 2025

American farmers are behind President Donald J. Trump and his relentless push to restore fairness in global trade and secure new markets for homegrown producers.

According to the latest Purdue University-CME Group Ag Economy Barometer:

- 70% of farmers expect the President Trump’s tariffs to strengthen the agricultural economy in the long-term.
- Farmer sentiment improved in April, marked by rises in current and future expectations.
- The Farm Capital Investment Index rose to its highest reading since May 2021.
  - “This month, one out of four respondents said it was a good time to make large investments, nearly double the percentage of respondents who said it was a good time to invest when surveyed from May through October of last year.”
- The Farm Financial Performance Index “marked the fourth month in a row that the index was above 100, indicating that producers expect financial performance this year to equal or slightly exceed the year-ago level.”

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