‘Pawn in trade negotiation’: China refuses to buy US soybeans; Donald Trump admin plans support for farmers
US farmers face billions in losses as China boycotts soybeans amid trade tensions. Treasury Secretary Scott Bessent announced substantial government support for the farming community, particularly soybean growers, to be unveiled next Tuesday. He hopes an upcoming Trump-Xi meeting will resolve the trade dispute, which has seen China use farmers as “pawns.”🕒 1 min read
US farmers face billions in losses as China boycotts soybeans amid trade tensions. Treasury Secretary Scott Bessent announced substantial government support for the farming community, particularly soybean growers, to be unveiled next Tuesday. He hopes an upcoming Trump-Xi meeting will resolve the trade dispute, which has seen China use farmers as “pawns.”
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