US Soybean Farmers Face Industry Collapse Amid Prolonged Trade War with China
Wednesday, 20 August 2025 () The American Soybean Association has warned President Trump that the ongoing trade war with China is pushing U.S. soybean farmers toward financial collapse and a potential loss of global market dominance. Tariffs and Retaliation Threaten American Agriculture In a formal appeal to President Donald Trump, the American Soybean Association (ASA) expressed grave concern over the condition of the U.S. agricultural sector amid the trade conflict with China. The association emphasized that soybean farmers are in dire straits due to Beijing’s retaliatory tariff measures, which have driven the industry to the brink of a commercial and financial crisis. China, once the world’s largest soybean importer, had previously purchased up to 61 percent of global exports, the majority of which came from the United States. However, Beijing has drastically reduced imports of U.S. soybeans and shifted its demand to South American competitors—particularly Brazil.
Chinese Foreign Minister Wang Yi arrives in New Delhi for a crucial two-day visit ahead of PM Narendra Modi’s planned trip to China for the Shanghai Cooperation Organisation (SCO) Summit. Wang Yi will meet PM Modi, External Affairs Minister S. Jaishankar, and NSA Ajit Doval, with border tensions,...
The White House shifted its language on India, with Press Secretary Leavitt describing Trump’s 50% tariffs as “sanctions.” She said the measures are punitive and aimed at pressuring Russia by..
Chinese Foreign Minister Wang Yi met with Indian External Affairs Minister S. Jaishankar in New Delhi ahead of Prime Minister Modi’s upcoming visit to China. The high-stakes discussions focused on..
Chinese Foreign Minister Wang Yi met with Indian External Affairs Minister S. Jaishankar and the Indian delegation in New Delhi to discuss border peace, trade, and strengthening bilateral relations...
Wednesday, 20 August 2025 ()
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