China has slammed the United States for allegedly breaching a “consensus” on trade de-escalation, citing new U.S. restrictions on AI chip exports and plans to revoke Chinese student visas. Beijing argues these actions seriously violate the agreement to reduce tariffs, casting a pall over the ongoing 90-day negotiation period. The diplomatic friction highlights the deep-seated strategic rivalry.
The Chinese Commerce Ministry issued a statement asserting that the U.S. practices “seriously violate the consensus” reached in their joint statement, which aimed to alleviate the ongoing trade war. While the initial agreement provided a temporary reprieve, the emergence of these new contentious issues suggests that fundamental disagreements, particularly in the critical area of advanced technology, remain unresolved.
China claims it has upheld its commitments by adjusting its own tariffs and non-tariff measures against American goods. Conversely, Beijing argues that the U.S. has acted outside the spirit of the agreement, thereby undermining the stability of their economic ties. The ministry’s warning of “resolute and forceful measures” to safeguard its interests suggests that China is prepared for further confrontation.
China Slams US for Breaching “Consensus” on Trade De-escalation
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