Farmers are a key political support base for President Donald Trump, but have been caught in the crossfire as Washington and Beijing traded barbs JIM WATSON
US Treasury Secretary Scott Bessent signaled Thursday that "substantial support" for farmers would be announced next week, particularly for those growing soybeans, as they struggle with fallout from President Donald Trump's trade conflicts.
Worries have been growing for weeks of a major hit to farmers, a key part of Trump's political base, as exports to China dry up over tariffs instituted by Beijing in retaliation to US levies.
"You should expect some news on Tuesday on substantial support for our farmers, especially the soybean farmers," Bessent told CNBC early Thursday.
The Wall Street Journal also reported Thursday that Presi