China's Soybean Comeback Tour: $13B Farm Drama Unfolds
Welcome to the 2025 Global Soybean Saga starring Treasury Secretary Scott Bessent, who announced China's blockbuster pledge to snatch up 12 million metric tons of U.S. soybeans this season — yes, 12 million, the kind of number that sounds like NASA hoping to launch a legume rocket. But wait, the plot thickens! China promises at least 25 million metric tons annually for the next three years, aiming to put soybeans back where they belong: as the biggest export drama for American farmers since some Twitter feud. This comes after President Trump's soy-ban backstab, turning China into the world's most stubborn soybean ghoster. Oh, and last year China dropped $13 billion on U.S. soy like it was the hottest NFT in town. Talk about a trade war tango with more drama than your cousin’s group chat. Editor's note: Breaking news, so buckle up for the next act!
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Source: Axios | Published: 10/30/2025 | Author: Ben Berkowitz