Milei was chummy with Trump at a White House lunch Tuesday. Trump and Bessent said they see the lifeline — critics call it a bailout — as a way to bolster a government they support in South America. The Trump administration is also looking for ways to facilitate more private investment in Argentina, according to Bessent.
The frustration of farmers was evident in a
text message Bessent received last month from Agriculture Secretary Brooke Rollins, which was captured by an AP photographer.
“We bailed out Argentina yesterday and in return, the Argentine’s (sic) removed their export tariffs on grains, reducing their price to China at a time when we would normally be selling to China,” the message said.
Sen. Charles Grassley of Iowa told reporters in his state Wednesday that the US and Trump should have used soybeans as leverage before offering Argentina the bailout.
“Argentina taking their export tax off of their export of soybeans … it seems to me that we should have been putting pressure on Argentina not to take the export tax off if they were going to get the help from us,” Grassley said,
according to the Ottumwa Courier.
Grassley said he was skeptical that Trump would be able to solve the problem in forthcoming trade talks.
The trade war with China extends far beyond the agriculture sector. It reignited this week as China announced new controls on rare earth materials and Trump responded with a threat to ratchet up tariffs on all Chinese goods.
Who the **** still supports this unstable buffoon?
