1 month ago
5
China says the US has severely violated their trade truce and it will take strong measures to defend its interests.
China’s Ministry of Commerce says Washington has seriously undermined the agreement reached during talks in Geneva last month, when both countries lowered tariffs on goods imported from each other.
The spokesperson added that US actions have also severely violated the consensus reached during a phone call in January between China’s leader Xi Jinping and President Donald Trump.
The comments come after Trump said on Friday that China had totally violated its agreement with them.
The US President did not give details but Trade Representative Jamieson Greer later said China had not been removing non-tariff barriers as agreed under the deal.
Under the trade truce struck in May at a meeting in Geneva, the US lowered tariffs imposed on goods from China from 145 per cent to 30 per cent.
China’s retaliatory tariffs on US goods dropped from 125 per cent to 10 per cent.
English (US) ·