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Trump signals bailout for soybean farmers hit by tariff war
China's boycott has caused a 23% drop in U.S. soybean exports, with President Trump planning to address purchases at the Asia-Pacific Economic Cooperation summit.
- President Donald Trump announced that soybean farmers will receive financial support from tariff revenue.
- China has slowed its purchase of U.S. soybeans due to tariffs, which has significantly impacted American soybean farmers.
- Trump claims that China is refusing to buy American soybeans as a negotiating tactic amid ongoing trade talks with the U.S.
- Senator Chuck Grassley expressed concerns over bailing out Argentina while American farmers are struggling.
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Trump Explores Bailout of at Least $10 Billion for U.S. Farmers
President Trump is considering providing $10 billion or more in aid to U.S. farmers as the agriculture sector warns of economic fallout from his far-reaching tariffs, according to people familiar with the discussions.
·New York, United States
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Journal Gazette & Times-Courier+18 Reposted by 18 other sources
Trump bets the soybean farm on tariffs
Whoever claimed trade wars are easy to win clearly wasn’t an American farmer. Witness the enormous collateral damage America’s soybean producers are suffering amid President Donald Trump’s trade war with China.
Trump says meeting with Xi in four weeks, accuses China of using soy as 'negotiation tactic'
Chinese importers have not yet purchased soybeans from the autumn US harvest during the trade war between Washington and Beijing, resulting in billions of dollars in lost sales for US farmers
·Mumbai, India
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Total News Sources33
Leaning Left3Leaning Right2Center28Last UpdatedBias Distribution85% Center
Bias Distribution
- 85% of the sources are Center
85% Center
C 85%
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