
Trump’s trade battle with China puts US soybean farmers in peril
American soybean farmers are worried about where they’re going to sell their crops and whether they’ll lose money this year because China hasn’t bought any for months. Beijing traditionally has snapped up at least a quarter of all soybeans grown in the U.S. but it is in effect boycotting them. It’s in retaliation for the high tariffs President Donald Trump has imposed on Chinese goods and to strengthen its hand in negotiations over a new overall trade deal. Farmers like Caleb Ragland in Kentucky hope there will be a trade deal soon, but some significant aid might be needed to help them survive. Trump says he’s considering an aid package.