Soybean Farmer Bessent Highlights China's Planned U.S. Purchases and Tariff Concerns
TL;DR Summary
Treasury Secretary Scott Bessent, who owns soybean farmland, expressed personal pain over China's refusal to buy US soybeans during trade conflicts, but recent negotiations with China have led to a framework that may alleviate farmers' concerns, signaling potential positive developments for US soybean farmers.
Topics:nation#china-soybean-trade#politics#scott-bessent#soybean-farmers#trade-conflict#us-china-trade-negotiations
- Scott Bessent says he's 'felt this pain' from China because 'I'm actually a soybean farmer' CNBC
- Farm owner Bessent on soybean crisis: "I have felt this pain too" Axios
- China will make 'substantial' purchases of U.S. soybeans and should avoid an extra 100% tariff, Bessent says Fortune
- Bessent: U.S. ‘addressed’ soybean farmers’ concern with China The Hill
- China to Make ‘Substantial’ US Soybean Purchases, Bessent Says Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
4 min
vs 4 min read
Condensed
95%
800 → 44 words
Want the full story? Read the original article
Read on CNBC