No. of Recommendations: 12
Speaking with Martha Raddatz on ABC News’ “This Week,” treasury secretary Scott Bessent said “I’m actually a soybean farmer” and that he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with Trumpedo.
Umm, err.
Bessent's net worth is estimated by Forbes to be around $600 million.
His farmland generates between $100,000 and $1,000,000 annually.
Poor guy must be suffering something fierce.
Maybe Dope1 will come along and tell us how this is actually a Norm MacDonald joke.
Or something.
Before Trumpedo's brilliant trade wars, China in 2023 and 2024 bought more than half of the soybeans grown in the U.S., accounting for nearly $12.8 billion in 2024. Today, China isn't buying jack squat from American farmers.
Yeah, brilliant.
Bessent told Raddatz that a deal with China was on the way to rescue farmers.
Sometime.
Soon.
https://www.cnbc.com/2025/10/26/trump-treasury-bes... 