President Donald Trump hit TRUTH Social Friday morning to blast China for “totally violating” the trade truce between the U.S. and China.
US Trade Representative Jamieson Greer on Friday told CNBC’s “Squawk Box” that the White House has “been very focused on monitoring Chinese compliance, or in this case, noncompliance, with the agreement.”
One concern is the flow of critical minerals between the two countries, which China “continues to, you know, slow down and choke off,” Greer said.
Trump’s full TRUTH Social Post below:
Two weeks ago China was in grave economic danger! The very high Tariffs I set made it virtually impossible for China to TRADE into the United States marketplace which is, by far, number one in the World. We went, in effect, COLD TURKEY with China, and it was devastating for them. Many factories closed and there was, to put it mildly, “civil unrest.” I saw what was happening and didn’t like it, for them, not for us. I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual. Everybody was happy! That is the good news!!! The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!
From The New York Post:
Treasury Secretary Scott Bessent has said trade talks with China have “stalled.”
Both China and the US had slashed their tariff rates on the other by more than 100 percentage points, bringing China’s duty on the US down to 10% from 125% and Trump’s levy on China down to 30% from 145%.
The president’s tariffs are facing legal roadblocks after the US Court of International Trade on Wednesday ruled that Trump exceeded his executive authority by imposing steep tariffs on many nations.
More over at The New York Post:
Trump claims China ‘totally violated’ trade truce: ‘So much for being Mr. NICE GUY’ https://t.co/0Z9ev4nI8a pic.twitter.com/CFpHm1aaxw
— New York Post (@nypost) May 30, 2025
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