Trump accused China of violating the trade agreement — what is it about
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Economics
Publication date

Trump accused China of violating the trade agreement — what is it about

Donald Trump
Trump

US President Donald Trump on May 30 accused China of violating a trade agreement with the United States concluded several weeks earlier.

Points of attention

  • US President Donald Trump accused China of violating a trade agreement struck earlier, alleging international tension as China responded with tariffs.
  • The trade agreement between the US and China aimed to save China from an economic crisis, leading to the reduction of tariffs on each other's goods within 90 days.
  • Trump's accusations of China breaking the agreement have raised concerns about the stability of international relations and the impact on global trade.

Trump lashed out at China with accusations

He wrote about this on the social network X.

The bad news is that China — perhaps not so surprising to some — has completely broken the agreement with us.

Donald Trump

Donald Trump

President of the United States

He did not specify how exactly China violated the trade agreement reached earlier this month between the two countries.

At the same time, Trump noted that the agreement was concluded to "save China from a bad situation."

Many factories closed and there was, to put it mildly, "civil unrest." I saw what was happening and I didn't like it. I quickly made a deal with China to save them from a situation that I thought would be very bad, and I didn't want that to happen. Thanks to this deal, everything quickly stabilized and China returned to normal business. Everyone was happy.

Recall that on May 12, US Treasury Secretary Scott Bessant announced that the governments of the United States and China had agreed to significantly reduce the level of tariffs on each other's goods within 90 days.

In April, the administration of US President Donald Trump imposed 145% tariffs on Chinese imports. In response, Beijing imposed 125% tariffs on American goods.

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