Trump eyes cooking oil for trade war leverage — what farmers face
Donald Trump is looking at cooking oil as a new way to pressure China. This move could impact global markets. Farmers, who have struggled, face uncertain futures.
Trump previously used tariffs on Chinese goods. Now, he is considering actions related to cooking oil imports. This is part of a broader trade dispute strategy.
Farmers just want fair trade, not complicated aid.
The U.S. agricultural sector has been hurt by past trade actions. Farmers are seeking stable markets more than aid packages. China is a major buyer of U.S. farm products.
Companies like Bunge Global and Archer Daniels saw stock rises. This suggests markets are reacting to the potential trade shifts. The situation remains fluid and developing.
Future trade talks will likely shape how these issues are resolved for farmers and consumers.