"Following his successful meeting with President Xi Jinping in South Korea, President Trump convinced President Xi to continue purchasing, or begin purchasing again, American soybeans, which is something China wasn't doing under the last administration because they had no respect for President Biden or for the country at the time. But now they know President Trump is not messing around. He's going to stand up for American farmers and American families."
"On Monday, Trump announced a $12 billion bailout for farmers impacted by the loss of access to foreign markets something that also happened as a result of his trade wars during his first term. In September, Politico reported on the key background: China has not purchased any U.S. soybeans since May, according to the American Soybean Association. Beijing has pivoted to suppliers in Brazil and Argentina logging huge orders for Latin American beans and leaving U.S. farmers in the cold and panicking."
Karoline Leavitt falsely claimed that China stopped buying U.S. soybeans during the Biden administration to defend President Trump's tariffs. She said Trump convinced President Xi to resume purchases after their meeting, and that American soybeans are currently being exported because of Trump. China actually halted purchases in May, according to the American Soybean Association, and shifted large orders to Brazil and Argentina, echoing the impact of Trump's earlier tariff war when U.S. soybean export values fell sharply. Trump also announced a $12 billion bailout for farmers affected by lost foreign markets. Economists and journalists quickly called out Leavitt's false claim.
Read at www.mediaite.com
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