Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers already shut out of their top market and hit by low prices.

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[–] 27 points 1 year ago (4 children)

In Trump's last term, farmers were bailed out with some nice cash infustions. They figured that in his second term, Trump would bail them again with some sweet sweet cash and that's what they thought they voted for. They were wrong.

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  • [–] 26 points 1 year ago (2 children)

    If I remember correctly, Trump's last term made cash payouts to farmers because ... wait for it ... China wasn't buying crops from the US (particularly soybeans) in response to the tariffs imposed by Trump's first administration.

    So I guess they weren't entirely wrong with that "he'll do it again" mentality.

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