China Denies Violating Trade Deal Consensus, Accuses US of Restrictive Measures

China's Rejection of US Accusations

• 🇨🇳 China has rejected accusations from the US that it violated the consensus reached in recent trade talks.
• 🗣️ Beijing stated on Monday that President Donald Trump's claims were "groundless".
• ⚖️ China also pledged to take forceful measures to protect its interests and accused Washington of significantly breaching their trade truce.

US Perspective on the Trade Deal

• 🇺🇸 US Commerce Secretary Howard Lutnik described the situation as the Chinese side "slow rolling" the deal made in Geneva.
• 🧐 He indicated that President Trump is aware of and focused on this aspect of the negotiations.

China's Counter-Accusations

• 🤝 China asserts it has implemented and actively upheld the agreement established in Geneva last month.
• 🚫 The country accused the US of enacting numerous discriminatory and restrictive measures.
• 🔬 These measures reportedly include guidance on AI chip export controls, halting sales of chip design software, and revoking visas for Chinese students.
• ❓ China did not specify the nature of the "forceful measures" it might implement in response.

Trade Truce Background

• 🗓️ Beijing and Washington had previously agreed in May to a 90-day pause on triple-digit tariffs.