US EditionPublished • loading... • Updated
Bessent Promises 'Substantial Support' for Soybean Farmers
China's 20% tariff halted U.S. soybean sales, forcing a shift to Brazil and Argentina while farmers await trade talks between Presidents Trump and Xi.
- President Donald Trump plans to discuss U.S. soybean purchases with Chinese leader Xi Jinping during their upcoming meeting at the APEC summit in South Korea at the end of October.
- The American Soybean Association urged Trump to focus on soybeans in trade talks with China, which has implemented tariffs on U.S. soybeans.
- Caleb Ragland, President of the American Soybean Association, indicated that retaliatory tariffs from China have led to zero sales of U.S. soybeans this crop marketing year.
Insights by Ground AI
Podcasts & Opinions
117 Articles
117 Articles
'We've lost a lot of contracts': GOP senator admits Trump trade policy now hurting farmers
China’s recent boycott of American soybeans may end up costing American farmers billions of dollars, and, according to one Republican senator, blame should be placed directly on President Donald Trump’s trade policy.“China is just not budging on this, and unfortunately, we've lost a lot of soybean c...
·United States
Read Full Article
Newsbug.info+35 Reposted by 35 other sources
US farmers hit by trade war to get 'substantial' aid: Treasury chief
US Treasury Secretary Scott Bessent signaled Thursday that "substantial support" for farmers would be announced next week, particularly for those growing soybeans, as they struggle with fallout from President Donald Trump's trade conflicts.
Treasury Sec. Bessent: Expecting 'Pretty Big Breakthrough' With China
·Washington, United States
Read Full Article
Coverage Details
Total News Sources117
Leaning Left13Leaning Right14Center62Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
14%
C 70%
R 16%
Factuality
To view factuality data please Upgrade to Premium
