🔍 Trade war drama reignites as former US President Donald $TRUMP accuses China of “totally violating” a tariff truce agreed earlier this month.
After recent talks in Geneva led to temporary tariff reductions, optimism was high. $TRUMP
But Trump’s fresh remarks on Truth Social claim Beijing hasn’t lived up to its part of the deal — especially on removing non-tariff trade barriers.
📉 What’s really happening?
US Trade Representative Jamieson Greer clarified that although China dropped certain tariffs, other restrictive measures remain — including export limits on rare earth magnets and blacklisting some US firms.
🇨🇳 Meanwhile, China fired back without directly denying the accusation, instead urging Washington to “cease discriminatory restrictions” against its businesses.
📊 Why it matters:
This back-and-forth is reviving fears of renewed trade escalation between the world’s top two economies. Markets and investors are once again watching closely as geopolitical friction threatens global supply chains.
🤔 Is another trade war around the corner — or just political posturing?$BTC