 "China lists 3 specific breaches by US violating Geneva trade deal that ceased tariff war")
China as accused the US of breaching the tariff-cutting agreement reached in Geneva, citing three key violations and condemning Washington’s actions as “extreme measures” based on “defamatory accusations.”
According to a Newsweek report, Chinese Foreign Ministry Spokesperson Lin Jian pointed to US controls on chip exports, the suspension of chip design software sales, and the revocation of Chinese student visas as serious breaches of the Geneva understanding.
“China firmly opposed this and made strong protests,” Newsweek quoted Lin as saying at a press briefing on Tuesday.
“Let me stress once again that this pressuring and coercion is not the right way to engage with China,” Lin added.
The renewed tensions between the US and China risk unsettling global markets once again, disrupting supply chains and affecting American businesses and consumers dependent on international trade.
The escalating accusations underscore the deep mistrust between the two powers and the challenges of enforcing trade agreements, even after high-level efforts to ease tensions.
In May, both countries agreed in Geneva to cut import tariffs by a combined 115 percentage points, a step seen as a foundation for broader cooperation. But that fragile progress is now at risk, with talk of new tariffs and retaliatory measures.
President Donald Trump has accused China of breaching the deal and said he plans to speak with President Xi Jinping to address the growing disputes.
Trump did not specify the Chinese violation to which he was referring.
Impact Shorts
More ShortsAccording to The Wall Street Journal, China is frustrating the US by moving too slowly on easing its rare earth export controls, a key part of the Geneva agreement.
In recent days, the Trump administration has introduced new curbs targeting China, including curbs on AI chip exports, a ban on sales of chip design software, and plans to revoke numerous student visas, particularly for those linked to the Chinese Communist Party or studying sensitive fields.
In response, a Chinese Commerce Ministry spokesperson on Monday warned of unspecified retaliation, vowing that China would “continue to take resolute and forceful measures to safeguard its legitimate rights and interests.”
“We urge the US to respect the facts, stop peddling misinformation, correct relevant wrongdoings, and take concrete moves to uphold the common understandings reached by the two sides,” Newsweek quoted Lin as saying on Tuesday.
“We went, in effect, COLD TURKEY with China, and it was devastating for them…I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen…The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!”, President Trump posted to Truth Social on May 30.
On Monday, White House press secretary Karoline Leavitt said President Trump and Chinese leader Jinping will likely speak this week.
With inputs from agencies
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