Trump Plans Aid Package for U.S. Soybean Farmers While Seeking Trade Deal With China

President Donald Trump is planning a significant aid package to U.S. soybean farmers to help them survive China’s boycott of American beans in response to his trade war even as the president says he is still seeking a soybean deal with Beijing.

But farmers are worried that time is quickly running out to reach a deal in time to sell any of this year's crop to their biggest customer.

Treasury Secretary Scott Bessent on Thursday said on CNBC that the public could expect news of “substantial support for our farmers, especially the soybean farmers” as soon as Tuesday.