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White House in a Bind as Soybean Sales to China Plummet to Zero
China, the largest buyer of American soybeans, has not purchased a single shipment since May, according to U.S. data.

9.29.25
A photographer’s snapshot of Treasury Secretary Scott Bessent at the United Nations General Assembly last week revealed a private message that captured the Trump administration’s deepening concern over collapsing U.S. soybean exports to China—a crisis now entangled with a controversial economic bailout of Argentina. “Finally – just a heads up, I’m getting more intel, but this is highly unfortunate,” read the message, which appeared to be sent from Agriculture Secretary Brooke Rollins. “We bailed out Argentina yesterday (Bessent) and in return, the Argentine’s [sic] are removing their export tariffs on grains, reducing their price, and sold a bunch of soybeans to China, at a time when we would normally be selling to China. Soy prices are dropping further because of it. This gives China more leverage on us.” Rollins added: “On a plane but Scott I can call you when I land.” The photo, taken by Angelina Katsanis for the Associated Press, quickly circulated across social media, particularly in Argentina, where soybean exports have indeed surged in the wake of new economic aid from the U.S.
The missive has also drawn new scrutiny to the Trump administration’s pledge to support Argentina with a possible $20 billion swap line and direct U.S. purchases of government debt. Days after the deal, Chinese importers bought more than a million metric tons of Argentine soybeans just as the American harvest season began. “This is a five-alarm fire for our industry,” said Caleb Ragland, a Kentucky farmer and president of the American Soybean Association, in an interview with the Associated Press. “We’ve had your back, President Trump. We need you to have ours now.”
Trump has your back alright Mr. Ragland. He is sinking a dagger into the backs of US soybean farmers. Trump is who US farmers voted for in November 2024.
Trump is giving $20 billion in US bailout money to Argentina while Argentina is supplying China with cheap soybeans at the expense of our US soybean farmers.
Xi must be laughing his ass off at the stupidity and the perfidity of Donald Trump.

Trump’s Argentina bailout sparks fury among farmers, Republicans
The proposal to provide Argentina billions in financial support has drawn scrutiny from farmers and their Congressional allies.
