Soybeans are new rare earths: Xi hits Trump where it hurts – US heartland

China’s abrupt halt to US soybean purchases, a critical export, has sent prices plummeting and farmers into panic. This strategic move, mirroring past rare earth tactics, aims to pressure President Trump ahead of the APEC summit. Farmers face a double blow of rising costs and a vanishing market, with potential for significant economic fallout in rural America.