Trump Considers Cutting Trade Ties Over China’s Declining Cooking Oil Sales

U.S. President Donald Trump is contemplating cutting trade ties with China over decreased imports of cooking oil, citing economic hostility towards American soybean farmers.

Donald Trump accused China of deliberately reducing soybean purchases, which he claims harms American soybean farmers and constitutes an Economically Hostile Act.
The U.S. is considering terminating some trade ties related to cooking oil, even though shipments from China had already significantly decreased in the past year.
Trade analysts noted that the proposed tariffs on cooking oil would have minimal impact, as import levels from China had already plummeted.

Por Qué Es Relevante

This potential trade action highlights ongoing tensions between the U.S. and China, reflecting broader issues in agricultural trade and the economic pressures faced by American farmers. The situation underscores the fragility of international trade relationships amid escalating political rhetoric.