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Bessent Claims He Feels Soybean Farmers’ Pain. He’s Worth $500M

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America's soybean farmers are suffering massive losses thanks to Trump's waging economic warfare on China. But his deeply empathetic Secretary of the Treasury, Scott Bessent, who has a fortune of 500 million, wants the world to know that he share's farmers' pain This is what he said about the issue in an interview with Martha Raddatz:

 

"During an interview Sunday with ABC News’ “This Week,” anchor Martha Raddatz told Bessent that “American farmers have really suffered.”

Bessent responded: “Martha, in case you don’t know it, I’m actually a soybean farmer, so I have felt this pain, too.”"

https://nypost.com/2025/10/27/business/treasury-secretary-bessent-says-he-has-felt-pain-from-tariffs-because-he-is-a-soybean-farmer/?utm_source=chatgpt.com

 

Trump is deeply empathetic about the issue, too. That's why he is arranging a $40 billion loan to Argentina, a country that has become China's second biggest supplier of soybeans thanks to the trade conflict between China and the US. US soybean farmers aren't exactly pleased.

 

But it gets even better:

Trump Lashes Cattle Ranchers While Demanding Lower Prices

President Donald Trump is in a beef with cattle ranchers over prices.

Trump lashed out at ranchers after they raised alarm over his plan to import Argentine beef, while simultaneously touting his tariffs on cattle and demanding lower prices.

“The Cattle Ranchers, who I love, don’t understand that the only reason they are doing so well, for the first time in decades, is because I put Tariffs on cattle coming into the United States,” he wrote in a Truth Social post on Wednesday.

https://www.thedailybeast.com/trump-lashes-cattle-ranchers-while-demanding-lower-prices/?utm_source=chatgpt.com

 

So, cattle ranchers are doing better because of tariffs and they should lower their prices and do worse because they're doing better. Typical Trump incoherence.

 

 

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