Washington: Donald Trump is fuming.
The reason?
It’s China.
Reigniting tensions between the world’s top economic powers, Trump accused China of violating its tariff deal with the US, after he made a “fast deal” to save them from a “very bad situation”.
The US President took to his social media platform Truth Social to express his deep disappointment and give China a piece of his mind.
“Two weeks ago China was in grave economic danger! The very high Tariffs I set made it virtually impossible for China to TRADE into the United States marketplace which is, by far, number one in the World. We went, in effect, COLD TURKEY with China, and it was devastating for them. Many factories closed and there was, to put it mildly, ‘civil unrest.’ I saw what was happening and didn’t like it, for them, not for us,” Trump wrote.
“I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual. Everybody was happy! That is the good news!!! The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr NICE GUY!” Trump added.
Trump’s accusations came after US Treasury Secretary Scott Bessent told Fox News that trade talks with China were “a bit stalled.”
US trade representative Jamieson Greer echoed Trump’s allegation, saying that America was concerned with China’s purported non-compliance with the tariff deal.
“The US did exactly what it was supposed to do, and the Chinese are slow rolling their compliance,” Greer said in a CNBC interview, adding that China’s actions needed to be discussed and addressed.
