The White House’s plan to aid Argentina appears to have backfired.

According to a photo of a private text on the phone of Treasury Secretary Scott Bessent, Argentina responded to the Treasury Secretary’s $20 billion bailout by turning around and removing its export taxes on soybeans and striking a huge new deal with China. That diminished the price of U.S. soybeans and weakened U.S. trade leverage with China, who immediately pulled out of their existing arrangements with soybean farmers in America’s heartland.

The photo taken by Angelina Katsanis for the Associated Press last week shows Bessent reading a text which appears to be from Agriculture Secretary Brooke Rollins .

“Finally – just a heads up, I’m getting more intel, but this is highly unfortunate,” the text said. “We bailed out

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