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Beijing Accuses US of Undermining “Joint Statement” on Tariffs

by admin477351

Beijing has accused the United States of undermining a “China-U.S. joint statement” on tariffs, specifically citing new AI chip export controls and plans to revoke Chinese student visas as violations. China argues these measures negate the consensus reached to slash tariffs and restart stalled trade, casting doubt on the entire agreement.

The Chinese Commerce Ministry released a statement, asserting that the U.S. practices “seriously violate the consensus” established to de-escalate tariffs and revitalize trade between the world’s two biggest economies. The optimism surrounding the initial joint statement now appears premature, as fundamental differences continue to drive friction.

China claims it has upheld its commitments by adjusting its own tariffs and non-tariff measures against American goods. Conversely, Beijing argues that the U.S. has acted outside the spirit of the agreement, thereby undermining the stability of their economic ties. The ministry’s warning of “resolute and forceful measures” to safeguard its interests suggests that China is prepared for further confrontation.

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