Tariff crisis Trump's tariff policy

China's response: US should stick to the agreement

After Trump's attack, China is now urging the US to end "discriminatory restrictions" and stick to the Geneva agreement. This is according to spokesman Liu Pengyu at the Chinese embassy in Washington, DC, according to Reuters.

According to the statement, China and the US have continued to express concerns on several points in talks at various levels since the agreement. For China, the concern is, among other things, the US's abuse of export controls in the chip sector, according to the spokesman.

The statement comes after Trump, in a statement on the Truth Social platform, accused China of having "totally violated" the agreement that led to the tariff break for 90 days.

Trump on the row: Will talk to Xi - hope to sort it out

After Friday's war of words between Donald Trump and China, the US president insists that Beijing violated the Geneva agreement almost two weeks ago.

– I am sure I will talk to President Xi and hopefully we will sort it out, he says during a press conference where he thanks Elon Musk who is leaving his job at the Department of Efficiency Doge.

Sources: The dispute is about rare earth metals

The conflict that threatens to overturn the trade deal between the United States and China is about Beijing being accused of slowing exports of rare earth metals, sources tell the Wall Street Journal.

The agreement reached in Geneva is said to have hinged on China resuming deliveries of the critical minerals. In return, the United States agreed to a 90-day tariff break.

Chinese Vice Premier He Lifeng is said to have agreed to include rare earth metals in the deal towards the end of the marathon talks. But since the meeting almost two weeks ago, China has continued to be late with export licenses.

Earlier on Friday, President Trump accused China of violating the Geneva agreement, to which China responded that the United States had done the same.