Soybean farmers have been hit especially hard by Trump’s trade war with China, which is the world’s largest buyer of soybeans. China has purchased more than 2.8 million metric tons of soybeans since Trump announced the agreement at the end of October. AdvertisementDuring his first presidency, Trump also provided aid to farmers amid his trade wars. He gave them more than $22 billion in 2019 and nearly $46 billion in 2020, though that year also included aid related to the COVID-19 pandemic. Trump has also been under pressure to address soaring beef prices, which have hit records for a number of reasons.

Source: Huffington Post December 08, 2025 21:02 UTC