Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Trump Wields Trade Cuts Threat Against China Over Soybean and Cooking Oil Imports
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trump threatens China trade cuts over soybeans, cooking oil
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Trump Wields Trade Cuts Threat Against China Over Soybean and Cooking Oil Imports
Economy

Trump Wields Trade Cuts Threat Against China Over Soybean and Cooking Oil Imports

October 15, 2025 2 Min Read
Share
SHARE

U.S. President Donald Trump announced on Tuesday that the administration is considering the termination of certain trade relationships with China, particularly regarding cooking oil. Trump characterized China’s decision to significantly reduce purchases of U.S. soybeans as an “Economically Hostile Act” that is detrimental to American soybean farmers.

In a statement shared on social media, Trump said, “I believe that China purposefully not buying our soybeans, and causing difficulty for our soybean farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with cooking oil, and other elements of trade, as retribution.” He added that the U.S. is capable of producing its own cooking oil and does not need to rely on imports from China.

China is the world’s largest buyer of soybeans, but recent months have seen a marked decline in U.S. soybean imports, with China increasingly sourcing from Brazil and Argentina amid ongoing tariff and trade disputes.

Trump has implemented a series of tariffs targeting billions of dollars’ worth of imports from China, with the aim of reducing a significant trade deficit, revitalizing domestic manufacturing, and addressing the fentanyl trade.

Relations between Washington and Beijing have been tense for several years, particularly during Trump’s presidency. The two nations have clashed over multiple issues, including trade tariffs, technology transfers, human rights concerns, the origins of the COVID-19 pandemic, and geopolitical issues involving Hong Kong, Taiwan, and Ukraine.

The announcement was published on October 15, 2025.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Cristiano Ronaldo creates record with 947th career goal in FIFA World Cup qualifier clash vs Hungary Ronaldo Sets Stunning Record: 947th Career Goal in World Cup Qualifier Against Hungary
Next Article New Delhi, India 10-10-2025 : Delhi Chief Minister Rekha Gupta with other married women celebrate Karwa Chauth at CM residence in New Delhi, India on Friday 10 October 2025. (Photo by Ishant Chauhan/Hindustan Times) AAP and BJP Clash Over CM Rekha Gupta’s Karwa Chauth Celebration
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Maria Corina Machado doesn’t seem very peaceful: Expert slams award committee, calls it Nobel War Prize REUTERS/Gaby Oraa/File Photo

Nobel Peace Prize Controversy: Expert Critiques Maria Corina Machado’s Selection

October 15, 2025
Salman Khan, Sushmita Sen share a warm hug at Vikram Phadnis's fashion show, leave fans gushing

Salman Khan and Sushmita Sen’s Heartfelt Hug Stuns Fans at Fashion Show

October 15, 2025
Top gainers & losers 15th Oct: Sensex climbs 630 pts, Nifty up 200 pts, Bajaj Finance, Nestle, Jio Financial lead gainers

Sensex Surges 630 Points: Bajaj Finance and Nestle Shine Among Top Gainers

October 15, 2025
Nine years on, JNU students march demanding answers over Najeeb Ahmed’s disappearance

Nine Years Later: JNU Students Demand Justice in Najeeb Ahmed’s Disappearance

October 15, 2025
Former Kenya PM Raila Odinga dies of cardiac arrest; was undergoing Ayurvedic treatment in Kerala- condolences pour in

Tributes Flow as Former Kenya PM Raila Odinga Passes from Cardiac Arrest

October 15, 2025
Noman Ali equals WTC bowling record as 39-year-old runs riot against South Africa in Lahore

Noman Ali Matches WTC Bowling Record with Stunning Performance Against South Africa

October 15, 2025

You Might Also Like

SEBI streamlines transfer of securities from nominee to legal heir
Economy

SEBI Simplifies Securities Transfer from Nominees to Legal Heirs

1 Min Read
Markets end lower as RBI’s rate cut fails to impress; FIIs continue selling spree 
Economy

RBI rate cut disappoints, FIIs keep selling: Markets close down

3 Min Read
Rupee drops below 87/USD as Trump tariffs rattle Asian currencies
Economy

Asian currencies falter as Trump tariffs push rupee below 87/USD.

1 Min Read
India secures permission for copper and cobalt exploration in Zambia, expands global mineral ventures
Economy

India Expands Mineral Ventures in Zambia, Secures Copper and Cobalt Exploration Permission

3 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?