President Donald Trump says he and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call as the U.S. administration pushes Beijing and others to further isolate Tehran.

By Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Feb 5 (Reuters) - Chinese soybean importers face much higher costs to bring in an additional 8 million metric tons of U.S. cargoes, whose purchase President Donald Trump has said Beijing is weighing,

President Trump's focus overseas may spare China for now, but Beijing still worries that his "America First" rhetoric hasn't softened what it calls U.S. "military adventurism."

China and South Africa have signed a framework agreement for a new trade deal. It shows how Africa’s leading economy is looking for other options following the high U.S. import tariffs imposed on it by the Trump administration.

The Panama Canal has been thrust into the middle of a power struggle between the U.S. and China, the world's two largest economies.

Soybeans and bean oil ended sharply higher but off session highs, corn slightly higher with wheat lower. Cattle rallied to nearterm highs, with hogs mixed.

President Donald Trump says and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call that comes as the U.S. administration pushes Beijing and others to isolate Tehran

Chinese President Xi Jinping held back-to-back calls with Russian leader Vladimir Putin and President Donald Trump as both seek to increase their influence over China. The calls were held within hours of each other,