The Trump administration plans to soon outline details of payments to farmers struggling in the current economy, the U.S. Department of Agriculture secretary said on Nov. 19.
Agriculture Secretary Brooke Rollins said during an appearance on NewsNation that “there’s no doubt that the farm economy for a lot of reasons is really, really struggling right now,” noting how China refused to buy soybeans during negotiations on a trade agreement with the United States.
China buys about half of all U.S. soybean exports.
In the agreement that was hammered out, China committed to buying 12 million metric tons of soybeans from the United States before the end of 2025, and at least 25 million metric tons per year in the next three years. China is going to be buying “a lot of soybeans,” President Donald Trump told reporters this month….
Trump Admin to Announce Details of Farmer Payments: Agriculture Secretary
