Hong Kong-China accused the United States on Monday of violating the 90-day commercial truce agreed by the two largest economies in the world, after President Donald Trump said it was Beijing what he had “violated totally” the agreement.
Last month, the United States and China announced a 90 -day break in most of their TIT rates per eye, which had reached more than 100%. Initially, Trump acclaimed the truce as a “total restart”, but said Friday in a publication about his social platform of truth that China had “violated totally” the agreement.
The China Ministry of Commerce resorted to Trump’s comments on Monday, saying that although China had actively implemented and confirmed the agreement, the United States had introduced a series of “discriminatory and restrictive measures against China” that “severely undermine” the agreement.
The Ministry said that these measures included export controls of AI chips, a pause reported on the sale of chips design software to China and the announcement of the United States plans to revoke the visas of Chinese students.
“Instead of reflecting on his own actions, he has falsely accused China of violating consensus, which is a serious distortion of the facts,” said the ministry in a statement. “China firmly rejects these unfounded accusations.”
The Ministry urged the United States to “immediately correct their wrong practices” and promised to take “strong and resolved” if Washington “insists on acting unilaterally and continues to damage the interests of China”, without providing details.
The United States Secretary of the United States, Scott Besent, said on Sunday that China was “retaining” rare earth exports that had agreed to free as part of the truce.
“That is not what a reliable partner does,” he said in the CBS news program “face the nation.”
Rare earth minerals are a crucial component of products that are going through the economy of the United States, including technological sector, energy industry and car manufacturing.
China supplies 60% of the world’s rare elements and is responsible for the refining of 90% of them, according to the International Energy Agency.
Besent, who said last week that commercial conversations between the United States and China were “a little stagnant,” he said he was “sure” that rare earth exports and other details could “solve” in a call between Trump and Chinese president Xi Jinping.
“It may be a failure in the Chinese system, it may be intentional. We will see after the president talks to the president of the party,” said Besent, referring to XI.
Kevin Hasett, director of the National Economic Council, also suggested on Sunday that the two leaders could speak as soon as this week.
“President Trump, we hope, will have a wonderful conversation about commercial negotiations this week with President XI,” he said in the ABC news program “This week.”
Hasset said he was not sure if a specific date for that conversation had been established.
The last conversation publicly known among US and Chinese presidents was on January 17, days before Trump’s possession.
