U.S. Treasury Secretary Becerra openly admits the pain caused by the trade war at his farm

US Treasury Secretary Bowser experiences the pain of trade war firsthand on his farm!

Bowser admitted that as a owner of soybean and corn farms, he has also been affected by the trade tensions with China.

"I am actually a soybean farmer, so I have also felt this pain."

Bowser has a farm with an estimated net worth of at least 520 million dollars, and in North Dakota, it has soybean and corn fields with an annual output value of up to 25 million dollars. According to the updated public financial disclosure report in August, Bowser's farm can also receive rental income of between 100,000 and 1,000,000 dollars, which is paid through an income-sharing agreement linked to the prices of corn and soybeans.

Bowser called the burden on American soybean farmers this year a perfect storm, as China has significantly reduced its purchases to almost zero for the first time in nearly 20 or 30 years.

Original article: www.toutiao.com/article/1847078255630348/

Statement: This article represents the views of the author himself.