Is this what winning looks like?

“We’re going to win so much, you’re going to be tired of winning.” This is what Trump claimed his presidency would look like, but is this the case for the soybean farmers across the United States? Let’s take a look.

In previous years China has been the soybean industry's largest customer, accounting for over 50% of the soy beans purchased from the US. Now though, due to President Trumps trade war China are no longer buying what the US is selling. As of May 2025 China has not purchased a single soybean from the US, choosing instead to purchase soybeans at a discounted price from Argentina and leaving soy bean farmers in the US feeling ripped off.

Farmers are also feeling especially burned when you pair this fact with the $20B of tax payer money in aid that was just given to the Argentine government. This money has been handed to Argentina with the aim of bolstering Javier Mileis struggling economy, who are now under cutting US prices by removing their 26% tax on soybeans exports.

Now the Trump administration is looking to give the soybean farmers of the US a $10B bail out themselves, costing the US tax payer once again. The US in now in a worse off position than it was 12 months ago and with the growing distrust towards the American market, the soybean industry may not be the last to be caught in the crossfire of Trump's trade war. Many countries around the world are now taking notes and preparing themselves to be completely independent of the US should the day come that they find one of their vital industries put into a similar situation, which means that the US is well on its way to losing its position as one of the powerhouses of world trade.