Article 6XP8W China accuses US of ‘seriously violating’ trade truce

China accuses US of ‘seriously violating’ trade truce

by
Amy Hawkins Senior China correspondent
from World news | The Guardian on (#6XP8W)

Beijing says it will safeguard its interests after Donald Trump claimed it had totally violated' agreement

China has accused the US of seriously violating" the fragile US-China detente that has been in place for less than a month since the two countries agreed to pause the trade war that risked upending the global economy.

China and the US agreed on 12 May to pause for 90 days the skyrocketing reciprocal" tariffs that both countries had placed on the others goods in a frenzied trade war that started a few weeks earlier. Tariffs had reached 125% on each side, which officials feared amounted to virtual embargo on trade between the world's two biggest economies.

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