In a statement today, the Chinese Commerce Ministry accused the U.S. of “provoking new economic and trade frictions.” The comment comes in response to President Trump’s latest claim that China has “totally violated” its trade aggreement with the United States.
The Commerce Ministry also accused the U.S. of taking actions that “seriously undermine” its trade deal with China.
“The United States has been unilaterally provoking new economic and trade frictions, exacerbating the uncertainty and instability of bilateral economic and trade relations,” the statement said. “If the United States insists on its own way and continues to undermine China’s interests, China will continue to take resolute and forceful measures to safeguard its legitimate rights and interests.”
According to the Commerce Ministry, China is “strictly enforcing” the agreement reached in its trade talks.
U.S. Treasury Secretary Scott Bessent said in a media interview on Sunday that China is holding back some of the products they agreed to release, including critical minerals. “Maybe it’s a glitch in the Chinese system, maybe it’s intentional,” he stated.
Bessent stated that the issue would be “ironed out” when Trump and Chinese leader Xi Jinping have a call this week.
By CEO NA Editorial Staff