Trump’s Agriculture Secretary Admits Big Defeat On Camera As China Snubs U.S. Soybeans? #HindustanTimes
Trump’s Agriculture Secretary Admits Big Defeat On Camera As China Snubs U.S. Soybeans?
Agriculture Secretary Brooke Rollins addressed the White House event on the impact of trade tariffs, acknowledging the serious pressure that U.S. farmers and ranchers are feeling due to ongoing trade conflicts. Secretary Rollins stated the Trump administration is considering using tariff revenue to fund bailouts for farmers affected by shrinking export markets and rising input costs. U.S. soybean exports have plummeted as China and other major buyers turn to cheaper suppliers in South America, while new tariffs have driven up the costs of equipment and fertilizers for American producers. Despite some benefits for protected domestic sectors, farm groups and Secretary Rollins underscored that what farmers “really want is markets, not bailouts.” With the global agriculture trade landscape shifting and the next planting season approaching, the administration is under mounting pressure to offer clarity, support, and a path to sustainable competitiveness.
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