China rejects Trump's accusation that it breached Geneva trade deal
The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. KEYSTONE/EDA/Martial Trezzini/Handout via REUTERS/File Photo
U.S. Secretary of the Treasury Scott Bessent speaks with with Liao Min, Deputy Minister of Finance of China, during a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 11, 2025. KEYSTONE/EDA/Martial Trezzini/Handout via REUTERS/File Photo
China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to safeguard its interests.
The comment by the commerce ministry was in response to Trump's remarks on Friday that China had breached a bilateral deal to roll back tariffs.
The ministry said China had implemented and actively upheld the agreement reached last month in Geneva, while the U.S. had introduced multiple "discriminatory restrictive" measures against China.
Those measures included issuing guidance on AI chip export controls, halting sales of chip design software to China and revoking visas for Chinese students, the ministry added.
"The U.S. government has unilaterally and repeatedly provoked new economic and trade frictions, exacerbating uncertainty and instability in bilateral economic and trade relations," the ministry said in a statement.
It did not elaborate on what forceful measures it might take in response.
Beijing and Washington agreed in mid-May in Geneva to pause triple-digit tariffs for 90 days. In addition, China also promised to lift trade countermeasures that restricted its exports of the critical metals needed for U.S. semiconductor, electronics and defence production.
Trump on Friday also announced a doubling of import tariffs on steel and aluminium to 50%.
While China is the world's largest steel producer and exporter, it ships very little to the United States after a 25% tariff imposed in 2018 shut most Chinese steel out of the market. China ranks third among aluminium suppliers. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Straits Times
14 minutes ago
- Straits Times
Zelenskiy announces military shakeup, commander who resigned given new assignment
Ukraine's President Volodymyr Zelenskiy attends a press conference, on the day of the NATO Bucharest Nine (B9) meeting, in Vilnius, Lithuania, June 2, 2025. REUTERS/Ints Kalnins/File Photo President Volodymyr Zelenskiy announced a shakeup in Ukraine's military on Tuesday, including the appointment to a new post of a commander who tendered his resignation over a deadly Russian attack. Zelenskiy, speaking in his nightly video address, said Major General Mykhailo Drapatyi, who offered to quit as commander of Ukraine's land forces over an attack on a training area, would now serve as the new commander of joint forces. Zelenskiy said another commander, whom he did not identify, would take charge of land forces. He said the appointment had also been approved of Oleh Apostol as commander of paratroops and Robert Brovdi as commander of unmanned systems. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
34 minutes ago
- Straits Times
Boxing-World Boxing apologises after naming Khelif in mandatory sex testing announcement
World Boxing has apologised after Imane Khelif was named in their announcement on mandatory sex testing for all boxers in its competitions, saying the Paris Olympics gold medallist's privacy should have been protected. The global body, which will oversee boxing competitions in the 2028 Olympics after being granted provisional recognition by the International Olympic Committee, made the announcement last week, less than a year after Khelif won gold in Paris amid a gender-eligibility row. The announcement specifically said the body had sent a letter to the Algerian Boxing Federation saying Khelif "may not participate in the female category" of any World Boxing event until she undergoes the test. However, a source said World Boxing president Boris van der Vorst had personally written to Algerian Boxing Federation president Abdelkader Abbas to apologise for including Khelif's name. Van der Vorst said World Boxing should have made a greater effort to protect Khelif's privacy. In last week's announcement, World Boxing said all athletes over the age of 18 will have to undertake a PCR (polymerase chain reaction) genetic test, which can be conducted by a nasal or mouth swab, saliva or blood. Khelif and the Algerian Boxing Federation could not be immediately reached for comment. The country's federation joined World Boxing in September, one of more than 100 national federations that have joined the body since it was established in 2023. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


CNA
43 minutes ago
- CNA
Global alarms rise as China's critical mineral export ban takes hold
Alarm over China's stranglehold on critical minerals grew on Tuesday (Jun 3) as global automakers joined their US counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and outages without a quick solution. German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle their local economies, following a similar complaint from an Indian EV maker last week. China's decision in April to suspend exports of a wide range of critical minerals and magnets has upended the supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world. The move underscores China's dominance of the critical mineral industry and is seen as leverage by China in its ongoing trade war with US President Donald Trump. Trump has sought to redefine the trading relationship with the US's top economic rival China by imposing steep tariffs on billions of dollars of imported goods in hopes of narrowing a wide trade deficit and bringing back lost manufacturing. Trump imposed tariffs as high as 145 percent against China only to scale them back after stock, bond and currency markets revolted over the sweeping nature of the levies. China has responded with its own tariffs and is leveraging its dominance in key supply chains to persuade Trump to back down. Trump and Chinese President Xi Jinping are expected to talk this week, White House spokeswoman Karoline Leavitt told reporters on Tuesday, and the export ban is expected to be high on the agenda. "I can assure you that the administration is actively monitoring China's compliance with the Geneva trade agreement," she said. "Our administration officials continue to be engaged in correspondence with their Chinese counterparts." Trump has previously signaled that China's slow pace of easing the critical mineral export ban represents a violation of the Geneva agreement. Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors. The suspension has triggered anxiety in corporate boardrooms and nations' capitals - from Tokyo to Washington - as officials scrambled to identify limited alternative options amid fears that production of new automobiles and other items could grind to a halt by summer's end. "If the situation is not changed quickly, production delays and even production outages can no longer be ruled out," Hildegard Mueller, head of Germany's auto lobby, told Reuters on Tuesday. Frank Fannon, a minerals industry consultant and former US assistant secretary of state for energy resources during Trump's first term, said the global disruptions are not shocking to those paying attention. 'I don't think anyone should be surprised how this is playing out. We have a production challenge (in the US) and we need to leverage our whole of government approach to secure resources and ramp up domestic capability as soon as possible. The time horizon to do this was yesterday,' Fannon. Diplomats, automakers and other executives from India, Japan and Europe were urgently seeking meetings with Beijing officials to push for faster approval of rare earth magnet exports, sources told Reuters, as shortages threatened to halt global supply chains. A business delegation from Japan will visit Beijing in early June to meet the Ministry of Commerce over the curbs and European diplomats from countries with big auto industries have also sought "emergency" meetings with Chinese officials in recent weeks, Reuters reported. India, where Bajaj Auto warned that any further delays in securing the supply of rare earth magnets from China could "seriously impact" electric vehicle production, is organizing a trip for auto executives in the next two to three weeks. In May, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised similar concerns in a letter to the Trump administration. "Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras," the Alliance for Automotive Innovation wrote in the letter.