News
Trump Accuses China of Violating Trade Deal, Threatens Action
U.S. officials, including Trade Representative Jamieson Greer, echoed concerns and criticized China's alleged non-compliance with the deal.
U.S. officials, including Trade Representative Jamieson Greer, echoed concerns and criticized China's alleged non-compliance with the deal.
The tariffs aim to support U.S. domestic production and escalate ongoing tensions with the EU, which has paused previous countermeasures but may retaliate.
Contentious provisions include $700 billion in Medicaid savings, food aid reforms, and a $4 trillion debt ceiling increase, sparking debate among Senate Republicans.
Key unresolved issues include fentanyl regulation and broader trade imbalances, with future talks planned.
Tariffs as high as 145% (US) and 125% (China) have disrupted global trade, slowed economies, and hurt businesses in both nations.
The video criticizes historical U.S. economic practices and portrays China as the defender of free trade, despite its own restrictive policies.
Mixed messages from U.S. officials and Beijing highlight growing gaps in the trade war narrative, with both sides playing to domestic audiences.
Recent tariffs include a 10% levy on nearly all imports and significant hikes on goods from China (145%) and India (26%), with mixed economic and market responses.