(NewsNation) — As Beijing effectively boycotts soybean imports in retaliation for President Donald Trump’s tariffs imposed on Chinese goods, U.S. farmers tell NewsNation they’re caught in the middle.
U.S. Treasury Secretary Scott Bessent said Thursday the federal government would support American farmers in light of China's refusal to buy soybeans and that an announcement would be made Tuesday.
"We've got their backs," Bessent said on CNBC. He said the administration would work with the Farm Credit Bureau to make sure farmers have what they need.
But farmers who spoke with NewsNation said that would only be a temporary fix.
“The American farmer, especially myself included, don't want aid payments,” said Indiana soybean and corn farmer Brian Warpup. “We want to work. We work the land. W