Trump's Threats on US-China Cooking Oil Trade Amid Rising Tensions

Reported 17 days ago

Amid increasing trade tensions, President Trump has accused China of engaging in economically hostile actions by not purchasing US soybeans, threatening to terminate all cooking oil business with China. Dryden Pence, a strategist from Pence Capital Management, emphasizes the underlying economic dynamics, suggesting that while both nations are involved in a tense battle, the US holds a stronger position in the trade relationship and should focus on fundamentals and earnings amidst market noise.

Source: YAHOO

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