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Trade War Looms as Treasury Secretary Critiques Argentina Deal

9/30/2025

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Story summary
  • Treasury Secretary Scott Bessent warned of a trade war in a text captured on camera.
  • He criticized Argentina's bailout and its impact on U.S. farmers, noting internal tensions within the Trump administration.
  • The tariff removal let Argentina sell soybeans to China, reducing U.S. sales.
  • The text surfaced on September 23, 2025, at the 80th UN General Assembly.