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Trump Accuses China Of Breaking Trade Agreement After Brief Tariff Truce

Trump Accuses China Of Breaking Trade Agreement After Brief Tariff Truce

Hans India8 hours ago

President Donald Trump has publicly accused China of breaching their recent trade agreement, expressing frustration after attempting to ease tensions between the world's two largest economies. The President's criticism comes as trade negotiations between Washington and Beijing have reached a standstill, requiring direct intervention from both leaders to move forward.
Trump's allegations follow his decision last month to impose a massive 145 percent tariff on Chinese imports, which he claims brought China to the brink of economic crisis. The unprecedented tariffs severely restricted China's ability to trade with the United States, leading to factory closures and what Trump described as civil unrest within China.
In a detailed post on his Truth Social platform, Trump explained his reasoning for initially offering China relief from the punitive tariffs. He stated that witnessing China's economic distress prompted him to negotiate a quick agreement to prevent what he anticipated would be a catastrophic situation for the Asian nation. The President emphasized that his intervention helped stabilize China's economy and allowed normal business operations to resume.
However, Trump now claims that China has completely violated the terms of their agreement, leading to his public declaration of disappointment with being cooperative. The President's frustration reflects his belief that his goodwill gesture was not reciprocated by Chinese compliance with the negotiated terms.
The trade dispute had appeared to find temporary resolution earlier this month when both nations agreed to reduce their respective tariffs. The United States lowered its tariff rate from 145 percent to 30 percent on Chinese goods, while China reciprocated by reducing its tariffs on American products from 125 percent to 10 percent. This mutual reduction was established as part of a 90-day trial period designed to defuse escalating trade tensions.
US Treasury Secretary Scott Bessent confirmed that trade discussions have stalled and require direct engagement between Trump and Chinese President Xi Jinping to achieve progress. Bessent noted that while the temporary agreement helped stabilize financial markets, it failed to address fundamental American concerns regarding China's state-controlled economic structure.
The initial agreement emerged from intensive negotiations held in Geneva, Switzerland, marking the first high-level diplomatic talks between the two nations since Trump implemented the steep tariffs on Chinese imports. US Trade Representative Jamieson Greer had announced the tariff reductions as part of efforts to prevent a full-scale trade war.
Legal challenges have also complicated the trade relationship, with a US trade court recently ruling that Trump exceeded his presidential authority when imposing most tariffs under emergency powers legislation. However, a federal appeals court quickly reinstated the tariffs while reviewing the government's appeal, with response deadlines set for early June.
The Trump administration has simultaneously expanded its trade focus to include negotiations with other major economic partners, including Japan, India, and the European Union. This broader approach suggests the administration is seeking to diversify America's trade relationships while addressing ongoing disputes with China.
The current impasse highlights the complexity of resolving trade disputes between the world's two largest economies, where economic policies intersect with broader geopolitical considerations and domestic political pressures in both nations.

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