Bunge shares soar 11% after Trump considers China cooking oil embargo

A transport truck exits the Bunge facility, which is part of the company's agricultural and food processing operations, in Hamilton, Ontario, Canada, Jan. 27, 2025.Bunge Global jumped more than 11% on Wednesday on the back of the Trump administration's threat to cut off U.S. purchases of Chinese cooking oil.Bunge is one of the largest soybean processors and cooking oil producers in the world. The stock's year to date gains are roughly 18%.President Donald Trump on Tuesday said the U.S. is considering "termi ...