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Trump accuses China of violating tariff de-escalation deal

Trump accuses China of violating tariff de-escalation deal

Daily Tribune2 days ago

AFP | Washington
US President Donald Trump signaled renewed trade tensions with China yesterday, arguing that Beijing had 'totally violated' a deal to de-escalate tariffs, at a time when the two sides appeared deadlocked in negotiations.
Trump's comments came after US Treasury Secretary Scott Bessent said that trade talks with China were 'a bit stalled,' in an interview with broadcaster Fox News.
The world's two biggest economies had agreed earlier this month to temporarily lower staggeringly high tariffs they had imposed on each other, in a pause to last 90 days, after talks between top officials in Geneva.
But on Friday, Trump wrote on his Truth Social platform: 'China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,' without providing further details.
Asked about the post on CNBC, US Trade Representative Jamieson Greer said: 'The Chinese are slow-rolling their compliance, which is completely unacceptable.'
He took aim at Beijing for continuing to 'slow down and choke off things like critical minerals,' adding that the US trade deficit with China 'continues to be enormous.'

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