Add Yahoo as a preferred source to see more of our stories on Google. China and U.S. flags are displayed alongside a miniature worker in this illustration picture taken November 7, 2024.

Financial markets have grown used to reacting to presidential posts in real time, but the latest flare-up over cooking oil showed just how quickly a single threat can vaporize hundreds of billions of ...

President Donald Trump threatened to escalate the trade war with China in a post online Tuesday, noting that his administration may end business with the country for cooking oil. “I believe that China ...

Markets took a late-day gut punch on Oct. 14 after President Donald Trump took to Truth Social and threatened to terminate business with China “having to do with cooking oil” among other “elements of ...

U.S. Senator Chuck Grassley speaking at Senate Judiciary Committee hearing earlier this month. (RI file photo) Senator Chuck Grassley says Iowa plants that produce soybean oil will benefit if ...

President Donald Trump said he might stop trade in cooking oil with China, injecting fresh tensions into the relationship between the world's two largest economies. Trump on Tuesday cast the potential ...

President Donald Trump said Oct. 14 he may halt U.S. trade in cooking oil with China in retaliation for Beijing’s refusal to buy American soybeans. The threat renewed market tensions, briefly pulling ...