The art of the deal

Until this year, China has been a major consumer of US soybeans. But Trump’s trade war with China has resulted in a shutdown of that major market for American farmers and billions of dollars in lost sales. Trump has promised federal dollars to farmers to compensate for the loss of the Chinese markets. So taxpayers are paying for the Trump trade war.

Meanwhile, Trump has announced a $20 billion currency swap line to prop up the failing Argentine currency. The prime minister is a right-wing politician. 

And then there’s this:

“Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers already shut out of their top market and hit by low prices.”

So US tax dollars will help subsidize the sale of Argentine soybeans to replace those formerly purchased from US farmers. 

Is America great yet?


<a href="https://www.reuters.com/world/china/chinese-buyers-book-least-10-argentine-soybean-cargoes-sources-say-2025-09-23/" >Trump subsidizes Chinese purchase of Argentine soybeans</a>

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