How China uses its buying power as a trade war weapon | About That

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China consumes and imports more soybeans than any other country in the world — and the United States is its top supplier. But what happens to the U.S. when its biggest customer suddenly stops buying? Andrew Chang breaks down how China wields its money like a mace, why U.S. President Donald Trump rushed to negotiate a deal and how another soybean superpower is making market gains. 00:00 - Intro 01:07 - Feeding the giant 03:09 - A stronger soybean supplier 04:57 - ‘Fight to survive’ Images provided by The Canadian Press, Reuters and Getty Images »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.