Trump threatens China with cooking oil embargo over soybean snub [View all]
Source: CNBC
Published Tue, Oct 14 2025 3:54 PM EDT Updated 4 Min Ago
President Donald Trump on Tuesday said his administration is considering “terminating business with China having to do with Cooking Oil” in retaliation for Beijing refusing to buy U.S. soybeans.
China is committing an “Economically Hostile Act” by “purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers,” Trump said in a Truth Social post.
Ending business with China on cooking oil and “other elements of Trade” are possible forms of “retribution” that Trump said he was weighing. “As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China,” he wrote.
China has been the top buyer of U.S. soybeans by far, importing some 27 million metric tons valued at nearly $12.8 billion in 2024 alone. But amid a simmering trade war with the Trump administration, Beijing has not bought a single American soybean since May.
Read more: https://www.cnbc.com/2025/10/14/trump-china-soybean-cooking-oil.html
It's exhausting dealing with an insane man and the lunatics that prop him up. Meanwhile we're the laughing stock of the world.
Article updated.
Previous article -
President Donald Trump on Tuesday said his administration is considering "terminating business with China having to do with Cooking Oil" in retaliation for Beijing refusing to buy U.S. soybeans.
Trump said he believes China is committing an "Economically Hostile Act" by "purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers."
Ending business with China on cooking oil and "other elements of Trade" are possible forms of "retribution" Trump is weighing, he said in a Truth Social post. "As an example, we can easily produce Cooking Oil ourselves, we don't need to purchase it from China," he wrote.
The president'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.
Original article -
President Donald Trump on Tuesday said his administration is considering "terminating business with China having to do with Cooking Oil" in retaliation for Beijing refusing to buy U.S. soybeans.
Trump said he believes China is committing an "Economically Hostile Act" by "purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers."
This is breaking news. Please refresh for updates.
= new reply since forum marked as read