Trump's Trade Tempers: Accusing China of Agreement Breach
China allegedly breaches trade accord, according to Trump's accusations - China allegedly breaches trade agreement according to Trump's claims
Let's dive in
US President Donald Trump has taken to task China for busting an agreement, he claims, in the on-going trade standoff. Just a few weeks back, there was a glimmer of hope: a "swift deal" with China that could've boosted the economy, he shared on his digital platform Truth Social. Everyone was thrilled with it.
"But here's the kicker: China, as some wouldn't be stunned to hear, has totally gone against its word with us," Trump spelled out. "So much for Mr. Sunshine!", he quipped, emphasizing his ire with the usage of caps, as he often does. He didn't elaborate on the breach in the post.
At a later press conference in the Oval Office, Trump simply stated that China had breached "a considerable part of the deal." He expressed confidence in speaking with Chinese President Xi Jinping - "and hopefully we'll resolve it."
What's the Scoop on the Agreement
China and the US had reached a truce in their lingering trade squabble about three weeks ago in Switzerland. According to a joint statement from the globe's two economic giants, this truce would last for 90 days. The agreement stipulates a reduction of US tariffs on Chinese imports from 145 to 30 percent, while Beijing's tariffs on US imports will drop from 125 to 10 percent.
The US Commander-in-Chief described China opening up as the top priority then and declared that China had agreed to it. Once again, he leveled accusations against China for allowing the drug Fentanyl into the country. According to his account, China had agreed to halt this. After the deal, Trump spoke of a "clean slate" with China and of a "decent" relationship with the nation.
Recently, however, the US administration has taken a tougher stance against China. For instance, it announced plans to revoke the visas of Chinese students studying in the US and tighten the rules for future applicants from the People's Republic. Initially, the number of students affected by the visa pull and any exceptions were shrouded in ambiguity.
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- Donald Trump
- Trade Stoush
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- US Prezzy
- USA
- Violation
- Trade Tussle
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- The US President Donald Trump has expressed ire towards China, alleging that they have breached the terms of their recent trade agreement.
- In a press conference, Trump stated that China has violated a significant part of the 90-day truce reached in Switzerland, which involved a reduction of US tariffs on Chinese imports.
- While older reports predicted a warming of relations between the US and China after the trade deal, recent policy-and-legislation indicate a tougher stance from the US administration.
- The US Commander-in-Chief has not only accused China of breaking the agreement but also of allowing the drug Fentanyl into the country, an allegation China had reportedly agreed to address.
- Aside from trade-related issues, the US has also tightened rules for Chinese students studying in the US, a move that could be seen as part of a broader policy shift in the midst of ongoing war-and-conflicts, general-news, and crime-and-justice.