China mulls taking action against U.S. soybean, aircraft imports

China is considering taking action against soybean and aircraft imports from the United States, in retaliation for President Donald Trump's decision to impose additional tariffs on up to $60 billion in Chinese imports, sources close to the matter said Sunday.China, the world's biggest buyer of U.S. soybeans and a major buyer of airplanes made by Chicago-based Boeing Co., may also scale back purchases of U.S. Treasury bonds, the sources said, in a sign that trade tensions between Washington and Beijing will escalate further.Foreign Ministry spokesperson Hua Chunying said at a press conferenc…READ FULL ARTICLE