President Donald Trump - J.D. Vance Administration

#44,718
#44,718
MontyPython said:
Donnie the Grifter strikes again. Gives $20 Billion to Argentina who simultaneously is harming our soybean farmers.

And guess who benefits.

SMH as usual.


Meanwhile, the result has been a one-two punch against American farmers from Trump’s own policies. American farmers are having a tough year, in no small part because of Trump’s bid to reshape global trade. And Argentina’s bailout inadvertently worsened their plight.

China, a major buyer of US soybeans, halted purchases of the commodity in May in response to Trump’s trade war. Then, after Argentina temporarily scrapped export taxes on grains, China swooped in and bought tens of thousands of pounds of Argentine soybeans instead.

“Why would USA help bail out Argentina while they take American soybean producers’ biggest market??? We shld use leverage at every turn to help hurting farm economy Family farmers shld be top of mind in negotiations by representatives of USA,” Republican Sen. Chuck Grassley of Iowa wrote on X on September 25.

Who benefits?​

Beyond Millei, China, and the Argentine treasury, critics say the bailout also stands to greatly benefit wealthy fund managers who are major holders of Argentine debts and assets.

The bailout would deliver a major windfall to Rob Citrone, a billionaire hedge fund manager with significant investments in Argentina. “Bessent’s personal and professional relationship with Citrone has spanned decades,” according to independent journalist Judd Legum.
Click to expand...

But Hunter Biden
 
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