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Trump Treasury Sec. Bessent says he’s felt ‘pain’ from China because he’s a ‘soybean farmer’

2025-10-27 13:50:29       source:CNBC

October 26, 2025


Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.”


Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two days had led to a “substantial framework” that he believed would alleviate American soybean farmers’ concerns about the boycott.


Trump is set to meet later this week with Chinese President Xi Jinping in South Korea.


Read more:

https://www.cnbc.com/2025/10/26/trump-treasury-bessent-trade-tariffs-china-soybean-farm.html