President Donald Trump used Truth Social to deliver his latest warning to China. Trump said he believes China is purposely not buying U.S. soybeans, describing it as “an economically hostile act.’ Trump went on to say that the U.S. may terminate any business with China involving cooking oil and other aspects of trade as a form of retribution. Last year, the United States purchased nearly 1.3 million metric tons of used cooking oil from China. The imported cooking oil competes with domestic supplies in the renewable diesel and sustainable aviation fuel markets.
