The Trump Administration is digging two huge holes at the White House: one for the construction of the executive mansion's massive new ballroom, the other to bury the export-dependent U.S. soybean sector.

That's not my view; that's what Caleb Ragland, the current president of the American Soybean Association, told the Associated Press Sept. 27, when he called today's tariff-bashed American soybean market a "five-alarm fire."

Ragland was being polite.

Five days earlier the Trump Administration badly undermined U.S. soy exports when Treasury Secretary Scott Bessent announced that the "U.S. Treasury stands ready to do what is needed within its mandate to support Argentina," a key competitor of U.S. soybean farmers in the global market.

The "needed" help Bessent offered was a $20 billi

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