Treasury Secretary Scott Bessent made an eyebrow-raising claim about the soybean crisis on CNBC’s Squawk Box Thursday. In recent years, China has consistently been the largest importer of U.S. soybeans, typically purchasing more than half of U.S. soybean exports . Last year, China bought $12.6 billion in American soybeans. But since May, that number has plunged to $0, as China has imposed retaliatory tariffs on American soybeans in response to Trump’s tariffs. Trump effectively admitted that