Trump Threatens China Cooking Oil Trade as Retaliation for Soybean Boycott

Title: Trump Threatens China Cooking Oil Trade as Retaliation for Soybean Boycott President Donald Trump has threatened to halt trade in cooking oil between the United States and China, further escalating the ongoing trade tensions between the world's two largest economies. This threat comes in response to China's reported boycott of American soybeans, a key agricultural export for the US. The dispute centers around the countries' ongoing trade negotiations, which have been marked by tit-for-tat tariffs and retaliatory measures. Trump's statement suggests he is willing to use China's reliance on US cooking oil exports as leverage in the ongoing trade war. The potential disruption of cooking oil trade could have significant economic implications for both countries, as China is a major importer of American cooking oil. This latest development underscores the increasingly complex and high-stakes nature of the US-China trade relationship, with both sides using various economic tools to exert pressure on the other.