China Accuses US of Violating Trade Truce
The Chinese Foreign Ministry accused the U.S. of violating their Geneva trade agreement through three actions: restricting chip exports and software sales to China, and revoking student visas. These actions, according to China, constitute “extreme measures” based on false accusations and have prompted strong protests. The conflict threatens global markets and supply chains, highlighting the fragility of trade agreements and raising the risk of further escalation, including renewed tariffs. President Trump alleges that China violated the agreement, although he hasn’t specified the violation.
John Q. Hosedrinker