Bessent says to expect news Tuesday on support for soybean farmers
ReutersOct 2, 2025 12:08 PM
WASHINGTON, Oct 2 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China's refusal to buy soybeans and that an announcement would be made on Tuesday.
"We've got their backs," Bessent said on CNBC. He said the administration would work with the Farm Credit Bureau to make sure farmers have what they need.
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