Trump could bail out farmers hurt in his trade war, again. Here’s what happened the first time.
Soybeans being loaded from a grain bin onto a truck. (Photo by Scott Olson/Getty Images)
When Donald Trump returned to the presidency, he restarted the trade war he had initiated during his first term. The major buyer for U.S. soybeans has been China, but the country has bought none this year. Prices for the commodity are so low that some farmers told PBS News they’re storing their product in hopes of an economic recovery — repeating what happened during Trump’s first foray into tariffs.
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