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		<title>Trump claims China &#8216;totally violated&#8217; trade agreement with US</title>
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		<pubDate>Fri, 30 May 2025 14:07:23 +0000</pubDate>
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					<description><![CDATA[President Donald Trump on Friday morning accused China of violating a recent trade agreement with the United States. The sharp criticism appeared to cast doubt over the staying power of the accord, setting up the possibility of a rekindled trade war between the world&#8217;s two largest economies. &#8220;China, perhaps not surprisingly to some, HAS TOTALLY [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">President Donald Trump on Friday morning accused China of violating a recent <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/us-china-trade-framework/story?id=121706522" target="_blank">trade agreement</a> with the United States.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The sharp criticism appeared to cast doubt over the staying power of the accord, setting up the possibility of a rekindled trade war between the world&#8217;s two largest economies.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,&#8221; Trump said in a <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://truthsocial.com/@realDonaldTrump/posts/114596705340367716" target="_blank">social media post Friday morning</a>. &#8220;So much for being Mr. NICE GUY!&#8221;</p>
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<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Trump did not identify the action taken by China that had violated the agreement.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The remarks came hours after U.S. Treasury Secretary Scott Bessent voiced pessimism about U.S.-China trade talks in an interview with Fox News on Thursday night.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;I would say that they are a bit stalled,&#8221; Bessent said when asked about the status of the trade talks. &#8220;I believe that we will be having more talks with them in the next few weeks, and I believe we may at some point have a call between the president and Party Chair Xi [Jinping].&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">U.S. stocks fell slightly in early trading on Friday morning after the comments from Trump and Bessent.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">A trade agreement between the U.S. and China earlier this month slashed tit-for-tat tariffs imposed by the two countries, triggering a <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/us-stocks-soar-us-china-agree-slash-tariffs/story?id=121708443" target="_blank">surge</a> in the stock market and <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/recession-warnings-fade-after-trump-rolls-back-tariffs/story?id=121788938" target="_blank">softening</a> recession forecasts on Wall Street.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The lowered tariffs are set to remain in place for 90 days while the two sides negotiate a wider trade deal.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The remaining 30% tariffs imposed on Chinese goods faced a major setback this week, however, when <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/federal-court-trump-power-impose-tariffs-unilaterally/story?id=122290881" target="_blank">a panel of federal judges struck down</a> the legal justification for the levies.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The ruling from the U.S. Court of International Trade late Wednesday invalidated the China tariffs, along with a host of other levies on dozens of countries unveiled in a Rose Garden ceremony that Trump had dubbed &#8220;Liberation Day.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN ">A federal appeals court moved to temporarily <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/federal-court-trump-power-impose-tariffs-unilaterally/story?id=122290881" target="_blank">reinstate</a> the tariffs on Thursday, leaving the ultimate fate of the policy uncertain.</p>
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