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TODAY'S NUGGETS
🌱 Soy to the world. Soybeans were America’s most lucrative agricultural export last year, but thanks to China’s retaliatory boycott in response to Trump’s tariffs, U.S. growers have lost their number-one customer. As farmers panic, regulators have announced a potential $20 billion bailout line of credit — not for U.S. farms, but for their competitors in MAGA-allied Argentina, which since “Liberation Day” has replaced America as a major soybean source for China. Monopolization in U.S. agriculture and heavy subsidies for exported soybeans and corn means that American farmers are “trapped” into mass-producing crops that, thanks to Trump, no one will buy.
