Trump says China has ‘totally violated' trade deal with US
US President Donald Trump Friday morning accused China of having 'totally violated' a 90-day trade truce reached just weeks ago in Geneva, casting doubt on whether the agreement still holds..
The deal, announced on May 12, had lowered US tariffs on Chinese imports from 145 per cent to 30 per cent, and Chinese tariffs on US goods from 125 per cent to 10 per cent. The Trump administration recently hailed the 'asymmetric' agreement as a significant victory for the US.
Trump on Friday said that he made a 'fast deal' to 'save China' from 'grave economic danger' caused by his tariffs.
'Because of this deal, everything quickly stabilised and China got back to business as usual. Everybody was happy! That is the good news,' Trump said in a social media post.
He added: 'The bad news is that China, perhaps not surprisingly to some, has totally violated its agreement with us. So much for being Mr. nice guy!'
More to follow …
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South China Morning Post
4 hours ago
- South China Morning Post
EU ‘strongly regrets' Trump's steel tariff increase, threatens countermeasures
The European Union on Saturday spoke out against US President Donald Trump's latest tariff announcement regarding steel imports – and threatened a response before the summer. 'We strongly regret the announced increase of US tariffs on steel imports from 25 per cent to 50 per cent,' said a spokesman for the European Commission in Brussels, which is responsible for EU trade policy. 'This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic.' The EU was ready to take countermeasures, the statement continued. This could also happen earlier than July 14. As things currently stand, EU counter-tariffs already planned due to Trump's initial tariff decisions would automatically come into force on this date. The bloc had wanted the measures to come into force on April 14, but held back after Trump granted many countries and the EU a 90-day pause from certain tariffs.
South China Morning Post
4 hours ago
- South China Morning Post
Trump's attempt to calm foreign students adds to US visa confusion for Chinese
President Donald Trump's comment that international students in the US would be 'fine' has only added to the confusion about his administration's stance, following controversy over an earlier announcement that it would 'aggressively' cancel Chinese student visas. Advertisement Asked on Friday about what message he would send to foreign students in the country, Trump said: 'Well, they're going to be OK. It's going to work out fine.' 'We just want to check out the individual students we have. And that's true with all colleges,' he told reporters at the White House. This came after US Secretary of State Marco Rubio announced on social media late on Wednesday that the US would 'aggressively revoke' visas for Chinese students, particularly 'those with connections to the Chinese Communist Party or studying in critical fields'. He said the US Department of State would also revise 'visa criteria to enhance scrutiny of all future visa applications' from mainland China and Hong Kong. Advertisement But the scope of the visa crackdown remains unclear, with Rubio's department refusing to specify the criteria for visa revocation or clarify what constitutes 'critical fields' and how ties to China's ruling party would be defined. Beijing lodged formal protests and condemned the move as 'politically motivated and discriminatory' on Thursday, amid signs of renewed tensions despite a 90-day tariff truce between the two countries.
South China Morning Post
4 hours ago
- South China Morning Post
Hungry Palestinians in Gaza block and offload dozens of UN food trucks as desperation grows
Palestinians in the Gaza Strip have blocked and offloaded dozens of food trucks, the UN World Food Programme has said, as desperation mounts following Israel's months-long blockade while talks of a ceasefire inch forward. Advertisement The WFP on Saturday said 77 trucks carrying aid, mostly flour, were stopped by hungry people who took the food before the trucks could reach their destination. The nearly three-month Israeli blockade on Gaza has pushed the population of more than 2 million to the brink of famine. While pressure slightly eased in recent days as Israel allowed some aid to enter, aid organisations say far from enough food is getting in. Hamas on Friday said it was reviewing a US proposal for a temporary ceasefire, which Israeli officials had approved. US President Donald Trump said negotiators were nearing a deal. A ceasefire would pause the fighting for 60 days, release some of the 58 hostages still held in Gaza in exchange for Palestinian prisoners and much-needed food aid and other assistance, according to Hamas and Egyptian officials who spoke on condition of anonymity because they were not authorised to talk to the media. Internally displaced Palestinians gather outside a charity kitchen to receive limited rations amid a shortage of food, in Khan Younis, southern Gaza Strip, on Friday. Photo: EPA-EFE According to the WFP, the fear of starvation in Gaza is high despite the aid that is entering now. 'We need to flood communities with food for the next few days to calm anxieties and rebuild the trust with communities that more food is coming,' it said in a statement, adding that it had more than 140,000 metric tons of food – enough to feed Gazans for two months – ready to be brought in.
