News
Trump threatens China with cooking oil embargo over soybean snub
Negative ↓
Post by: JulietLuo
• Trump said he is considering end business with China on cooking oil in retaliation for Beijing refusing to buy U.S. soybeans.
• Trump’s latest criticism follows a recent spate of critical remarks he has made about China, raising questions about the status of ongoing trade talks and sending stocks careening up and down.
• China has been the top buyer of U.S. soybeans by far, but it has not bought a single American soybean in months amid an ongoing trade war.
Why this matters
Affecting the talk between the two giants.
