If the industryβs costs are rising because of the ill-considered war itβs definitely not price gouging. If later costs drop and prices donβt that would be price gouging.
Trump will obviously try to bail out the farmers yet again, but this really is one of those things where he can't actually fix the problems, higher fertilizer costs, less food, and higher food costs.
Iβm still calling it: he tries to nationalize the oil industry this summer when he finally figures out that American companies are selling the stuff on the global market.