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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U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, the semi-official Iranian news agency Tasnim reported.
A Chinese national was pulled alive from a tunnel in Nepal on Saturday, authorities said, 10 days after a wall of ice, rock and mud tore through a Himalayan valley, killing more than 1,300 people and leaving more than 5,600 missing.
U.S. negotiators Steve Witkoff and Jared Kushner have arrived in Moscow for peace talks on the Russia-Ukraine conflict, two people familiar with the matter said. They were met by Russian Presidential Envoy Kirill Dmitriev.
Spanish authorities are preparing a new site in Ceuta to accommodate hundreds of migrants who remain on the streets following large-scale arrivals in July, local media reported Saturday.
At least two people were killed and dozens injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (20 miles) from La Paz, Defence Minister Ernesto Justiniano said.
The resolution, sponsored by African countries and led by Togo, passed by 164 votes to one, with six abstentions. The United States was the only country to vote against it.
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