On May 30, 2025, President Donald Trump accused China of vio
fulldeg
Updated at: a day ago
{"content":"On May 30, 2025, President Donald Trump accused China of violating a recent trade agreement, reigniting tensions between the two nations. In a post on Truth Social, Trump stated, "China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!"
The agreement in question, established earlier in May, involved both countries agreeing to a 90-day suspension of most tariffs, with the U.S. reducing tariffs on Chinese goods from 145% to approximately 30%, and China lowering its tariffs on American imports to 10%.
While Trump did not specify the exact nature of China's alleged violations, U.S. officials have expressed concerns over China's compliance with the deal. U.S. Trade Representative Jamieson Greer remarked, "The United States did exactly what it was supposed to do, and the Chinese are slow rolling their compliance," calling the situation "completely unacceptable."
The accusation has led to increased volatility in financial markets, with U.S. stock futures dipping slightly following the announcement. Analysts warn that escalating trade tensions could have broader implications for global markets and economic stability.
As of now, China has not publicly responded to the allegations. The situation remains fluid, with potential for further developments in the coming days.
For a visual summary of the recent events and their implications, please refer to the following graphic:
📊 U.S.-China Trade Tensions: Key Developments
May 12, 2025: U.S. and China agree to a 90-day suspension of most tariffs.
U.S. reduces tariffs on Chinese goods from 145% to ~30%.
China lowers tariffs on American imports to 10%.
May 30, 2025: President Trump accuses China of violating the trade agreement.
No specific details provided on the nature of the violations.
U.S. officials express concerns over China's compliance.
Market Reaction:
U.S. stock futures experience slight declines.
Increased volatility observed in global markets.
#TrumpTariffs #BinanceAlphaAlert #ChinaCrackdown #cryptouniverseofficial ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/30/3382e0d442d2435eb8205a5a76f959f6.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}