A road is covered with floodwater from the Pecatonica River in Freeport, Illinois. Photo: Scott Olson/Getty Images

During a difficult year for U.S. agriculture amid President Trump's trade war with China, record-breaking floods in the Midwest are causing farmers to lose their livestock en masse, further putting their livelihoods at risk, the New York Times reports.

Why it matters: Lessened demand due to Trump's trade policies and greater international competition in agriculture already pushed Farm Belt bankruptcies last year to the highest level in a decade. Now, the floods across the Midwest could cause a $400 million hit to the state's livestock sector as farmers in the region are cut off from their cattle herds — and the supplies necessary to care for them.

Go deeper: Farmers hit by Trump tariffs, crop prices struggling to repay loans

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Pundits react to a chaotic debate: “What a dark event we just witnessed”

The first presidential debate between President Trump and Joe Biden in Cleveland on Tuesday night was a shouting match, punctuated by interruptions and hallmarked by name-calling.

Why it matters: If Trump aimed to make the debate as chaotic as possible with a torrent of disruptions, he succeeded. Pundits struggled to make sense of what they saw, and it's tough to imagine that the American people were able to either.

Trump to far-right Proud Boys: "Stand back and stand by"

Asked to condemn white supremacist violence at the first presidential debate on Tuesday, President Trump said the far-right Proud Boys group should "stand back and stand by," before immediately arguing that violence in the U.S. "is not a right-wing problem. This is a left-wing problem."

Why it matters: Trump has repeatedly been accused of failing to condemn white nationalism and right-wing violence, despite the FBI's assessment that it's the most significant domestic terrorism threat that the country faces. The president has frequently associated antifa and the left-wing violence that has afflicted some U.S. cities with Biden, despite his condemnation of violent protests.

Mike Allen, author of AM
2 hours ago - Politics & Policy

The first Trump v. Biden presidential debate was a hot mess

Photos: Jim Watson and Saul Loeb/AFP via Getty Images

This debate was like the country: Everybody’s talking. Nobody’s listening. Nothing is learned. It’s a mess.

  • We were told President Trump would be savage. Turned out, that was a gross understatement. Even the moderator, Fox News' Chris Wallace, got bulldozed.

Why it matters: Honestly, who the hell knows?