Published: 8:30pm, 30 May 2025Updated: 11:56pm, 30 May 2025
US President Donald Trump accused China on Friday of having “totally violated” a 90-day trade truce reached just weeks ago in Geneva, casting doubt on whether the agreement still holds and throwing the future of bilateral trade talks into question.
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The deal, announced on May 12, had lowered US tariffs on Chinese imports from 145 per cent to 30 per cent, and Chinese tariffs on US goods from 125 per cent to 10 per cent. The Trump administration recently hailed the “asymmetric” agreement as a significant victory for the US.
Trump on Friday said that he made a “fast deal” to “save China” from “grave economic danger” caused by his tariffs.
“Because of this deal, everything quickly stabilised and China got back to business as usual. Everybody was happy! That is the good news,” Trump said in a social media post.
He added: “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!”
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Asked for a response to Trump’s comment, China’s embassy in Washington said both sides have remained in contact, that Beijing has “repeatedly raised concerns with the US regarding its abuse of export control measures in the semiconductor sector and other related practices”.
“China once again urges the US to immediately correct its erroneous actions, cease discriminatory restrictions against China and jointly uphold the consensus reached at the high-level talks in Geneva”, embassy spokesman Liu Pengyu said.