China Denies Trump’s Claims of Violating Geneva Trade Agreement Amid Ongoing Trade Tensions

So, there was some news about the trade tensions between the U.S. and China, especially regarding that Geneva agreement they signed not too long ago.

President Trump recently accused China of breaking parts of that trade deal, but China’s Commerce Ministry quickly pushed back and denied those allegations.

The Chinese side said they've taken the agreement seriously and followed through with what was agreed upon in Geneva.

They even called Trump's claims ‘bogus’ and said the accusations don’t match the facts.

What’s interesting is that Trump didn’t say exactly what parts of the deal China supposedly violated.

Even though the Geneva deal included cutting down some of the tariffs each side put on the other, the overall tone between the two countries remained pretty tense.

China has also criticized the U.S. for imposing stricter rules on its chipmaking industry, saying it could mess up the agreement.

The U.S. government admitted recently that talks with China have kind of stalled and suggested that a direct conversation between President Trump and President Xi Jinping might be needed to get negotiations moving again.

Just to recap, this trade conflict started earlier this year when Trump put pretty heavy tariffs on China, and China hit back with their own tariffs.

Although the Geneva deal lowered some tariffs, they’re still higher than what we’ve seen in the past – historically high levels, actually.

We’ve also seen some data showing that these tariffs have started to have a noticeable effect on China’s economy.

So overall, it looks like despite some progress in Geneva, the U.S.-China trade issues are far from being resolved, and tensions remain high.