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The big picture: China’s war on U.S. soybeans will be hard to sustain

Soybeans at a Chinese port. Photo: TPG/Getty Images

China's sharpest weapon against the U.S. is the volume of soybeans it imports, but it'll be difficult to maintain the war against American agriculture for too long given China's demand for the product.

The big picture: The Chinese are reliant on U.S. soybeans for animal feed — primarily for pigs — and cooking oil. Last year, China spent $14 billion on American soybeans, reports the New York Times' Raymond Zhong.