China Accuses the US of Violating the Geneva Trade Agreement.
03.06.2025
2711

Journalist
Shostal Oleksandr
03.06.2025
2711

China categorically rejects accusations of failing to fulfill agreements with the US and accuses the American side of violating the terms of the agreement. This signifies an escalation in the trade negotiations between the two countries.After the meeting of US and Chinese finance ministers in Geneva, a decision was made to suspend most customs duties between the countries for three months. However, the Trump administration tightened control over the export of software for semiconductor development and chemicals to China, and also canceled visa types for Chinese students, which provoked a negative reaction from Beijing.These actions could seriously undermine the agreement reached in Geneva, emphasized a representative of the Chinese Ministry of Commerce, promising to protect China's interests in case of further violations by the US. The relationship between the countries is tense, and China continues to take measures against the illegal extraction of rare earth metals.
Read also
- The gas station updated fuel prices - what drivers in Ukraine should prepare for
- Lithium from the sea — how it can displace mines and change geopolitics
- How to pay less for electricity in summer — DTEK named an important nuance
- The firewood season has begun - where to buy and how much does it cost
- Ukrainians will receive assistance of 100 thousand UAH - program conditions
- Gifting an apartment - how much tax will the deal 'eat up' in 2025