Krasnov says China has 'totally violated' Geneva deal with US on tariffs, minerals
Last edited Fri May 30, 2025, 09:08 PM - Edit history (1)
By David Lawder, Michael Martina, Katharine Jackson
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday that China had violated an agreement with the U.S. to mutually roll back tariffs and trade restrictions for critical minerals and issued a new veiled threat to get tougher with Beijing.
"China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!," Trump said in a post on his Truth Social platform.
Trump said that he made a "fast deal" in mid-May with Chinese officials for both countries to back away from triple-digit tariffs for 90 days. He said he did this to save China from a "devastating" situation, factory closings and civil unrest caused by his tariffs of up to 145% on Chinese imports.
Trump did not specify how China had violated the agreement made in Geneva, Switzerland, or what action he would take against Beijing.
https://finance.yahoo.com/news/trump-says-china-totally-violated-122040474.html
China hits back after Trump claims it is 'violating' tariff truce
US President Donald Trump has accused China of violating a truce on tariffs struck earlier this month, a claim China has responded to with its own accusations of US wrongdoing.
Washington and Beijing agreed to temporarily lower tit-for-tat tariffs after talks in Geneva.
But Trump said on Friday that China had "totally violated its agreement with us". He did not give details but US Trade Representative Jamieson Greer later said China had not been removing non-tariff barriers as agreed under the deal.
Beijing's response on Friday did not address the US claims directly but urged the US to "cease discriminatory restrictions against China".
https://www.yahoo.com/news/china-trade-talks-stalled-us-101315440.html
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