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Image Credit: Bloomberg Quint

Trump Says China ‘Totally Violated’ Trade Agreement With US

  • US President Donald Trump accused China of violating an agreement with the US to ease tariffs, escalating tensions between the two countries.
  • Trump's comments sparked fresh turmoil for his trade agenda, following a federal court ruling that halted the bulk of his tariffs.
  • US Trade Representative Jamieson Greer mentioned concerns about China's slow compliance with the agreement, particularly regarding critical minerals and rare Earth magnets.
  • The agreement between US and China earlier this month had initially boosted investor confidence, but tensions have resurfaced with new visa restrictions and export bans on technology.

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