Trump scores win for American farmers as China commits to ‘massive’ soybean purchases
Photo by Scott Olson/Getty Images
Bessent estimated that Trump’s recent trip to Asia could yield $2 trillion in U.S. investments, Fox Business reported.
“Our great soybean farmers, who the Chinese used as political pawns, that’s off the table, and they should prosper in the years to come,” Bessent told the news outlet.
Trump called his meeting with Xi “truly great,” writing in a post on social media, “There is enormous respect between our two Countries, and that will only be enhanced with what just took place.”
RELATED: Trump nails China with massive tariffs after ‘extraordinarily aggressive’ action
Treasury Secretary Scott Bessent. Photo by Kevin Dietsch/Getty Images
“We agreed on many things, with others, even of high importance, being very close to resolved,” Trump continued. “I was extremely honored by the fact that President Xi authorized China to begin the purchase of massive amounts of Soybeans, Sorghum, and other Farm products.”
Trump noted that farmers will “be very happy” about this trade development and encouraged them to “immediately” purchase “more land and larger tractors” to keep up with the expected demand.
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