Trump accuses China of trade violations
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China on Monday countered President Donald Trump's earlier remarks that the country had violated the trade truce struck between Washington and Beijing last month in Geneva, saying the U.S. had introduced measures that "seriously undermine" their deal.
China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two nations last month,
“These practices seriously violate the consensus,” the Commerce Ministry said in a statement, referring to a China-U.S. joint statement in which the United States and China agreed to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies.
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Beijing, China on Monday hit back at the US, accusing it of seriously violating their recent Geneva trade truce by introducing multiple restrictive measures like AI chip export control guidelines, stopping the sale of chip design software to China and revoking visas for Chinese students.
A one-two punch from the United States risks shattering the already fragile trade war truce between Washington and Beijing, with Chinese tech companies and students both dealt shock blows by the Trump administration Wednesday night.
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.