U.S. President Donald Trump has accused China of deliberately cutting back purchases of American soybeans and warned of retaliatory measures targeting cooking oil and other trade sectors.
Writing on his social media platform, Truth Social, Trump said Beijing’s actions were ‘economically hostile’ and intended to harm U.S. farmers. He claimed Washington was now considering ending trade with China in cooking oil and ‘other elements of trade’ in response.
‘We can easily produce cooking oil ourselves — we don’t need to buy it from China,’ he said.
According to data from the U.S. Department of Agriculture’s Foreign Agricultural Service, U.S. soybean exports to China dropped from $17.9 billion in 2022 to $12.2 billion in 2024.
Trump added that soybean trade would be among the main issues in a potential meeting with Chinese President Xi Jinping.
The remarks come amid heightened trade tensions between Washington and Beijing. Last week, Trump threatened to impose 100% tariffs on Chinese goods after Beijing expanded restrictions on rare earth exports.
China’s Foreign Ministry responded on Tuesday, urging the U.S. to ‘refrain from threats and pressure’ and instead work towards restoring stable economic ties.
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Here's your AnewZ Daily Brief for 28 September 2026. These are the top stories making headlines in technology.
Saudi Foreign Minister Prince Faisal bin Farhan has arrived in Washington for talks with U.S. Secretary of State Marco Rubio on bilateral ties and key regional and international developments, Saudi state news agency SPA reported.
The European Union's decision to simultaneously advance accession talks with Ukraine, Moldova, Montenegro and Albania marks its most ambitious enlargement effort in more than two decades.
Serbia's President Aleksandar Vučić resigned on Sunday, ending his second and final five-year term and paving the way for an early presidential election as the country prepares for a snap parliamentary vote on 25 October.
British Prime Minister Andy Burnham has declared that Brexit has done more harm than good, while reaffirming support for Ukraine and NATO as he used his first Labour conference speech as leader to set out a new direction for Britain.
The arrival in South Korea of two North Korean soldiers captured while fighting for Russia has created a rare legal, diplomatic and humanitarian case, raising questions over their status, security and future.
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