China Pauses U.S. Soybean Purchases Amid Trade Disputes

U.S. Treasury Secretary Scott Bessent claims to be a soybean farmer.
China paused U.S. soybean purchases after Trump's trade actions.
2024 U.S. soybean exports to China totaled $12.8 billion.
Bessent says a China deal will benefit soybean farmers for years.
Chinese crushers stockpile soybeans, limiting immediate relief.
Bessent owns $25 million in North Dakota farmland.
Critics highlight Bessent's farmland earnings vs. his farmer claim.

Economy | Agriculture | Trade

United States | China

Scott Bessent | Sarah Longwell

2 months ago