The art of no deal

Trump screwed his farm belt voters with his China tariffs. While China had been a reliable buyer of American soybeans, it retaliated by buying Brazilian soybeans instead. Brazil is expected to have a record soybean harvest next year.

Recently, Trump announced a “deal” in which China would resume American soybean purchases.

“A U.S. Department of Agriculture report released last Friday showed only two Chinese purchases of American soybeans since the summit between Trump and Chinese President Xi Jinping in South Korea, totaling 332,000 metric tons from Oct. 2 through Nov. 12 — well short of the 12 million metric tons that the White House said China agreed to purchase by year-end.”

Americans are the losers when Trump negotiates a “deal.” Based on his history, why would anyone expect otherwise?


https://www.cnbc.com/2025/11/17/china-soybean-mountain-exports-trump-xi-us-farmers-trade-deal-brazil-crop-legumes.html

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