
WASHINGTON (AP) — President Donald Trump is making plans for a significant aid package for U.S. soybean farmers. The move aims to help them survive China’s boycott of American beans, which was sparked by Trump’s trade war. Treasury Secretary Scott Bessent says substantial support for farmers is expected to be announced Tuesday. The aid comes amid a tariff war between the U.S. and China, where China has stopped buying U.S. soybeans. Trump plans to discuss soybeans with Chinese President Xi Jinping in four weeks. Farmers are struggling as China orders soybeans from Brazil and Argentina. They prefer trade over aid, hoping for a deal soon.
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