2 October 2025, 10:31 USA: Trump Vows Farmer Support, Puts Soybeans on Xi Meeting Agenda.
U.S. President Donald Trump said on Wednesday that soybeans will be a key topic when he meets Chinese leader Xi Jinping in South Korea at the end of October. “The Soybean Farmers of our Country are being hurt because China is, for ‘negotiating’ reasons only, not buying,” Trump wrote on social media, adding he will use tariff revenues to aid farmers: “I WILL NEVER LET OUR FARMERS DOWN!” U.S. farmers have lost market share to Brazil and Argentina amid trade tensions, even as Washington has extended financial support to Argentina through a USD 20 billion swap line and floated potential debt purchases to back President Javier Milei, a Trump ally. Trump’s pledge to channel tariff funds recalls the USD 32 billion bailout during his first administration. Analysts expect a similar scale of support via the Commodities Credit Corporation as farmers face pressure on multiple fronts tied to current policies.
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