Trump Considers Cutting Trade Ties with China Over Cooking Oil
Financial MarketsTrumpUpdated 17 hours ago

Trump Considers Cutting Trade Ties with China Over Cooking Oil

Former President Donald Trump is contemplating severing trade ties with China, particularly regarding cooking oil. This decision could escalate tensions in the ongoing trade war, leading to increased prices and supply chain disruptions for both economies. The potential for retaliatory measures from China raises concerns about the broader impact on global markets and consumer choices as trade relations become increasingly strained.

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President Donald Trump has threatened to cut off the trade of cooking oil with China, escalating tensions in the ongoing trade war. This move could have significant implications for both economies, affecting prices and availability of cooking oil in the U.S. and potentially leading to retaliatory measures from China. As the trade war continues to unfold, such actions highlight the fragility of international trade relationships and the potential for broader economic impacts.

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