Taiwan, Taiwan (AP) – China on Monday blows up the US, claiming it has harmed China’s interests, including issuing AI chip export control guidelines, halting the sale of chip design software to China, and plans to cancel Chinese student visas.
“These practices violate a serious consensus,” the Commerce Department said in a statement that they reached during trade talks in Geneva.
It is the United States and China I agreed to their massive cuts Recent tariffsresumes trade between the two largest economies of the world.
However, there was no escalation from last month President Donald Trump’s Trade War They did nothing to resolve the fundamental differences between Beijing and Washington. Monday’s statement showed how easily such a contract could lead to further turbulence.
The transaction lasts for 90 days, creating time for us and Chinese negotiators to reach a more substantial agreement. However, the suspension has made tariffs higher than before Trump has begun to increase them last month. And companies and investors must contest uncertainty about whether the truce will continue.
Jamieson Greer, US Trade Representative The US said it agreed to remove the 145% tax imposed last month to 30%. China has agreed to reduce the tariff rate on US goods from 125% to 10%.
The Commerce Department said China supported the termination of the contract and canceled or suspended tariffs and non-tariff measures placed on the US “mutual tariffs” after the agreement.
“The United States unilaterally caused new economic and trade frictions, exacerbating the uncertainty and instability of the bilateral economy and trade relations,” China said it was based on its commitment.
He also threatened unspecified retaliation, saying that China will “continue to take decisive and powerful measures to protect its legitimate rights and interests.”
And in response to recent comments by Trump, it states the following about the United States: “Instead of looking back at itself, it turned the table and accused China of violating the consensus, which was unfairly accused.
Trump sparked even more controversy on Friday, saying he would not be nice anymore. China of tradein a social media post, declared that the country had broken an agreement with the United States.
A few hours later, Trump said he would do so in the oval office. Talk to Chinese President Xi Jinping And while arguing that China is violating the agreement, “hopefully we will resolve it.”
“The bad news is, perhaps not surprising to some, is that it completely violates the agreement we have with us,” Trump posted. “That’s all I’m going to be Mr. Nice Guy!”
The Trump administration also announced that it would otherwise intensify conflict with China and that it would begin Revoke visas for Chinese students I’m studying in the US
The US campus hosts more than 275,000 students from China.
Both countries are taking part in a race to develop advanced technologies such as artificial intelligence, and Washington is trying to curb access to China’s most advanced computer chips. China is also trying to drive the US away as a major force in the Asia-Pacific region, including controlling US partners and major tech giants Taiwan.
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