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China says 'no winners' in trade war after US cooking oil threat
The Straits Times
|October 16, 2025
China said on Oct 15 that trade wars have "no winners", after US President Donald Trump warned that the US could stop buying cooking oil from the country.
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A shopper in Beijing looking at cooking oil at a supermarket on Oct 15. The US was the biggest purchaser of Chinese used cooking oil in 2024, buying 1.27 million tonnes, a rise of more than 50 per cent from 2023. PHOTO: AFP
(PHOTO: AFP)
He issued the threat on Oct 14, after slamming Beijing's halt to US soya bean purchases as an "economically hostile act".
"We are considering terminating business with China having to do with cooking oil and other elements of trade, as retribution," he said on his Truth Social platform.
This story is from the October 16, 2025 edition of The Straits Times.
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