In a recent post on Truth Social, President Donald Trump disclosed his claim that he reached a deal with China to alleviate severe tariff burdens that had crippled their economy. He accused China of violating terms related to critical minerals and trade and emphasized that excessive tariffs had led to closures and unrest in China. While expressing hope to resolve issues with President Xi Jinping, Trump's deputy chief pointed out that China's failure could prompt actions for compliance. China's embassy indicated ongoing communications with the US, raising concerns over recent export controls.
President Trump asserted that his tariffs, which reached 145 percent on Chinese imports, had effectively crippled China's ability to engage economically with the US market.
The former president emphasized the urgency of the matter, claiming that the fast deal he struck was necessary to save China from a 'very bad situation'.
Trump accused China of completely violating their agreement, highlighting a breakdown in trust and potential legal actions to ensure compliance going forward.
China's officials expressed their ongoing communication with the US, indicating a level of concern regarding the recently implemented American export controls.
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