President Donald Trump said on Wednesday that soybean farmers will get a financial break amid the United States’s tariff battles, adding that the U.S. will use “a small portion” of the revenue brought in by tariffs.
China has slowed its purchase of U.S. soybeans following the tariffs Trump announced earlier this year, prompting China to implement its own tariffs on U.S. goods. Trump said China isn’t buying soybeans for “negotiating” reasons amid the tariff fight, and said the plant’s farmers are being “hurt” in the midst of it.
Recommended Stories
Late-night host Jimmy Kimmel melts down at JD Vance for mocking his ratings
Jimmy Fallon defends show as nonpartisan: ‘We try to make everybody laugh’
California's Native American tribes use political power to push out business rival