China says US has 'severely violated' tariffs truce
China says the US has "severely violated" their trade truce and will take strong measures to defend its interests. China's Ministry of Commerce said Washington has "seriously undermined" the agreement reached during talks in Geneva last month, when both countries lowered tariffs on goods imported from each other. The spokesperson added that US actions have also severely violated the consensus reached during a phone call in January between China's leader Xi Jinping and President Donald Trump.The comments come after comments by Trump on Friday that China had "totally violated its agreement with us".
The US President did not give details but Trade Representative Jamieson Greer later said China had not been removing non-tariff barriers as agreed under the deal.Under the trade truce struck in May at a meeting in Geneva, the US lowered tariffs imposed on goods from China from 145% to 30%. China's retaliatory tariffs on US goods dropped from 125% to 10%.On Monday, Beijing said US violations of the agreement included issuing guidance on artificial intelligence (AI) chip export controls, halting sales of chip design software, and announcing the revocation of visas for Chinese students.Meanwhile two top White House officials suggested on Sunday that Trump and Xi could hold talks soon.Treasury Secretary Bessent told CBS News, the BBC's US news partner, that details of the trade will be "ironed out" once Xi and Trump speak, but he did not say exactly when that conversation is expected to happen.National Economic Council Director Kevin Hassett told ABC News that the two leaders are expected to talk this week and "both sides have expressed a willingness to talk"."The bottom line is that we've got to be ready in case things don't happen the way we want," Hassett said of the expected talks.
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