China Dismisses Trump’s Trade Deal Violation Claims

Beijing pushes back as tensions rise over US-China trade agreement

China Strongly Denies Breaking Geneva Trade Deal

China has firmly denied accusations made by former US President Donald Trump that it violated the terms of a recent US-China trade agreement signed in Geneva.

In a statement issued on Monday, China’s Ministry of Commerce said it had “taken seriously, strictly implemented, and actively upheld” the terms of the agreement reached during the Geneva talks.

Beijing Hits Back at “Unreasonable Accusations”

The Ministry described Washington’s allegations as “bogus charges” and claimed they were “seriously contrary to the facts.” The statement added:

“China firmly rejects these unreasonable accusations.”

The response follows Trump’s remarks last week in which he accused China of multiple breaches of the agreement – though he did not provide specific details.

What Was in the Geneva Trade Agreement?

The Geneva deal marked a rare moment of cooperation between the US and China during a period of escalating economic tensions. Key terms included:

• Significant reductions in trade tariffs from both countries
• A commitment to dialogue to ease long-term trade disputes

However, despite the agreement, tariff levels remain historically high, and diplomatic rhetoric has continued to be combative.

Ongoing Disputes Over Technology Controls

A major sticking point remains the US’s move to tighten controls on China’s semiconductor and chipmaking industry. China argues that these restrictions undermine the spirit of the Geneva deal and could derail further progress.

Beijing has repeatedly called out Washington for what it sees as unilateral policy changes, warning that such actions create mistrust and complicate future negotiations.

Diplomatic Stalemate as Dialogue Stalls

The Trump administration recently acknowledged that talks with China have “stalled”. There is now speculation that only direct dialogue between President Xi Jinping and Donald Trump could break the deadlock.

The two nations remain locked in a tit-for-tat tariff war, which has seen both sides impose significant duties on each other’s goods. Although the Geneva accord led to some tariff reductions, trade barriers remain steep and continue to impact global supply chains.

Economic Consequences Begin to Surface

Recent economic data suggests that the trade dispute is starting to weigh on China’s economy, with declining exports and reduced industrial output.

Analysts warn that unless a more stable agreement is reached, both economies could suffer long-term consequences, affecting global markets.

Final Thoughts: Trade Tensions Far From Over

While the Geneva agreement was intended to de-escalate US-China trade tensions, deep-rooted mistrust and ongoing policy disagreements have made implementation difficult.

China’s strong rebuttal of Trump’s accusations highlights the fragile nature of the deal and raises questions about the path forward for one of the world’s most critical economic relationships.

Sources: (Investing.com, Reuters)