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Reposted
According to a photo of a private text on the phone of Treasury Secretary Scott Bessent, Argentina responded to the treasury secretary’s $20 billion bailout by turning around and removing its export taxes on soybeans & striking a huge new deal with China. China then immediately pulled out of its...
Leaked texts on Scott Bessent’s phone suggest the White House got played bailing out Argentina—and U.S. soybean farmers are the casualties
“This is highly unfortunate,” the text said. “Soy prices are dropping further because of it. This gives China more leverage on us.”
finance.yahoo.com
October 3, 2025 at 11:43 PM
According to a photo of a private text on the phone of Treasury Secretary Scott Bessent, Argentina responded to the treasury secretary’s $20 billion bailout by turning around and removing its export taxes on soybeans & striking a huge new deal with China. China then immediately pulled out of its...