Trump says China ‘violated’ agreement on trade talks and he’ll stop being ‘nice’

30.05.2025    The Mercury News    2 views
Trump says China ‘violated’ agreement on trade talks and he’ll stop being ‘nice’

By JOSH BOAK and DIDI TANG Associated Press WASHINGTON AP President Donald Trump reported Friday that he will no longer be Mr NICE GUY with China on transaction declaring in a social media post that the country had broken an agreement with the United States Hours later Trump reported in the Oval Office that he will speak with Chinese President Xi Jinping and hopefully we ll work that out while still insisting China had violated the agreement What deal Trump was referring to was not clear But the rhetoric was a sharp break from fresh optimism when he lowered his tariffs on Chinese goods to for days to allow for talks China also reduced its taxes on U S goods from to The bad news is that China perhaps not surprisingly to several HAS TOTALLY VIOLATED ITS AGREEMENT WITH US Trump posted So much for being Mr NICE GUY Related Articles Trump s list of sanctuary jurisdictions includes several that endorsement his immigration policies Nvidia faces bipartisan concern over Chinese facility overview Obscure tax item in Trump s Big Bill stokes Wall Street angst What we know about the trans high school scholar at the center of Trump s threat to remove California funding ICE agents stake out California courthouses to detain undocumented immigrants Trump reported the tariff reduction had speedily stabilized the Chinese commercial sector though the decrease also brought a degree of relief to U S companies that noted the previous rates had essentially blocked their ability to bring in Chinese goods and imperiled their businesses The comments reflect the tensions between the world s two largest economies as Trump is eager to show that his tariffs can deliver meaningful results in the form of U S factory jobs and increased domestic financing The Trump administration also stepped up the clash with China in other avenues this week announcing that it would start revoking visas for Chinese students studying in the U S Trump s negotiating style has often toggled between extreme threats and grand asserts of progress His mercurial approach has taken the financial markets on a wild ride of sell-offs and rallies that have produced a general sense of uncertainty That has been compounded by a court ruling this week that Trump had overstepped his legal authority with broad Liberation Day tariffs in April as well as import taxes on China Canada and Mexico tied to fentanyl smuggling earlier this year A federal appeals court on Thursday allowed Trump to temporarily keep collecting the tariffs under an crisis powers law while he appeals the earlier decision The Chinese Embassy in Washington disclosed Friday that the two sides have maintained communication over their respective concerns in the economic and contract fields since agents met in Geneva nearly three weeks ago But the embassy also declared the Chinese authorities had repeatedly raised concerns with the U S regarding its abuse of export control measures in the computer chip sector and other related practices Both countries are in a race to develop advanced technologies such as artificial intelligence with Washington seeking to curb China s access to the the majority advanced computer chips China once again urges the U S to without delay correct its erroneous actions cease discriminatory restrictions against China and jointly uphold the consensus reached at the high-level talks in Geneva the embassy noted Sun Yun director of the China effort at the Washington-based think tank Stimson Center revealed I think the Chinese are playing hard to get with the commerce talks Lin Jian spokesman for the Chinese foreign ministry on Friday accused the U S of overstretching the concept of national protection by politicizing arrangement issues He called the acts by the U S malicious attempts to block and suppress China We firmly oppose that and will resolutely defend our legitimate rights and interests Lin reported U S Treasury Secretary Scott Bessent declared in a Thursday interview on Fox News Special Account that talks with China had stalled Given the complexity and magnitude of the negotiations this is going to require both leaders to weigh in with each other Bessent reported They have a very good relationship And I am confident that the Chinese will come to the table when President Trump makes his preferences known U S Agreement Representative Jamieson Greer disclosed Friday on CNBC that China has not removed non-tariff impediments as agreed We haven t seen the flow of several of those critical minerals as they were supposed to be doing Greer stated China in December stated export bans to the U S of critical minerals including gallium germanium and antimony It informed more export controls on rare earth minerals in April in response to Trump s tariffs

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