Shut out of China’s massive soybean market, the United States is pressing countries across Africa and Asia to step up purchases of American soybeans, as President Donald Trump’s trade team seeks new markets, while tensions over tariffs ripple through global trade.
“We’re calling up all our soybean customers around the world as part of our trade negotiations,” Kevin Hassett, director of the National Economic Council at the White House, said in a CNBC interview on Monday. He added the Trump administration was “also getting ready to have really strong policies to support our farmers”.
