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Trump to Announce Aid for Struggling Soybean Farmers

10/9/2025

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Summary

Story summary

Donald Trump plans to announce aid for soybean farmers affected by his China trade war, per Treasury Secretary Scott Bessent.
China, the largest soybean importer, has not purchased U.S. soybeans this summer, heightening farmers' financial strain.
Former United States Department of Agriculture (USDA) economist Joe Glauber warns rebuilding trust will take years, noting tariffs cost about $27 billion in exports.

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Story summary

Donald Trump plans to announce aid for soybean farmers affected by his China trade war, per Treasury Secretary Scott Bessent.
China, the largest soybean importer, has not purchased U.S. soybeans this summer, heightening farmers' financial strain.
Former United States Department of Agriculture (USDA) economist Joe Glauber warns rebuilding trust will take years, noting tariffs cost about $27 billion in exports.