agriculture

Are Trump's tariffs to blame for Rep. David Lewis's crushing debt?

Rep. David Lewis (R-Harnett) is being sued for more than $2.5M in unpaid debts by two large ag companies, both of which claim they sent multiple collections letters but received no response. Lewis’s financial struggles first made the news in October when WRAL found out he took a half a million dollar loan from a man later indicted on a bribery charge and two other six-figure loans over the past year and a half. 

Headlines including “North Carolina soybean farmers take a hit due to US-China trade war,” “NC farmers caught in crossfire of escalating trade war,” and “NC tobacco farmers, already reeling, face new threat from tariffs” show that Lewis’s story sounds familiar to many farmers across the state. Sadly, even the second-most powerful Republican lawmaker in the NC House does not appear to have enough clout to force the NCGOP stand up for NC farmers and stand against President Trump’s trade wars.

Lewis said his farm “got into a real bind” that was worsened by the fact that most banks and lending institutions have cut off farms. National reports show this is a common story as cash flow problems have pushed many farmers into bankruptcy. Lewis, who operates three businesses in addition to his farm, collects a per diem for serving in the NCGA, and until last year worked as an insurance salesman, can’t be faulted for failing to diversify.

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