Soybeans were the number one U.S. agricultural export, worth about $24.5 billion and more than half of it was bought by China.

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President Trump has threatened to terminate cooking oil trade with China in response to its decision to stop buying American soybeans.

China was the largest buyer of U.S. soybeans in 2024, purchasing over half of American exports.

The American Soybean Association expressed disappointment over the escalating trade tensions, which are harming U.S. farmers.

President Donald Trump has been blowing hot and cold over the state of trade relations with China over the last week.

On Tuesday, Oct. 14, Trump lashed out on China’s decision to stop buying American soybeans as a retaliatory measure against U.S. tariffs imposed in April, and he threat

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