“I’ve felt pain too”: Bessent claims to be a soybean farmer while defending Trump trade war
Treasury Secretary Scott Bessent s net worth is presumed to be north of half a billion dollars Still the former hedge fund manager and Trump megadonor wants the American people to think of him as a humble farmer During a visit to ABC s This Week on Sunday Bessent was solicited about a Chinese boycott of soybeans grown in the United States The U S is the single largest exporter of soybeans to China but that country halted soybean purchases in response to President Donald Trump s ongoing bargain war China accounted for more than half of all the soybeans purchased from the United States in the last two years Bessent declared he s felt the sting of the purchasing pause and that both sides were moving toward a resolution Related The ugly truth of Trump s America first agenda In event you don t know it I m literally a soybean farmer so I have felt this pain too he revealed We have addressed the farmer s concerns and I m not going to get ahead of the president but I believe when the announcement of the deal with China is made citizens that our soybean farmers will feel very good about what s going on both for this season and the coming seasons for several years Bessent on American farmers being hurt by tariffs Martha in incident you don't know it I'm authentically a soybean farmer so I have felt this pain too pic twitter com D WPgw YQ Aaron Rupar atrupar October Start your day with essential news from Salon Sign up for our free morning newsletter Crash Unit According to his financial disclosure Bessent owns farmland in North Dakota that he leases to farmers for up to million per year Trump and Chinese President Xi Jinping are expected to meet on Thursday to discuss contract Bessent indicated that he had laid the groundwork for a return to the status quo for soybean farmers I believe that the Chinese will be making substantial purchases again he declared Read more about Trump and China Trump vs Xi The sequel nobody requested for Excluded from Beijing Trump confronts the limits of his global power Trump s long weekend of humiliation The post I ve felt pain too Bessent suggests to be a soybean farmer while defending Trump arrangement war appeared first on Salon com
