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Tile on Monday, Trump Management has been temporarily broken May 12 Trade Agreement Among the two nations by the issuance of the AI chip export management rules, suspension and planning the sale of the chip design program to China Cancel Chinese Student Visas.
Trump administration’s actions “seriously damaged the legal rights and interests of the existing consensus in Geneva economic and trade talks and seriously damaged China’s legal rights and interests.” gossip Statement on June 2.
After the Presidential Trump after the President came after the President Trump, Beijing said that 12 countries violated the trade agreement with the United States several weeks later in May 12 to make a temporary but significant Tariffs applied to each other’s imports at the beginning of the year. The two largest global economies in the increase in rhetoric are concerned about the concerns that they can face international stumbling.
“Fresh military operations between the United States and China show that many questions hanging after the cartoon ceasefire in mid-May,” said Arthur Krober, a Chinese analyst, “A report” is managed by US Trade Policy President Donald Trump, trade talks or the National Security Group. “
He added that “the general tasks of trade aggression are mixed as usual, except for the demonstration of raw power.”
Meanwhile, Treasury Secretary Scott Bessent, Mr. Trump and Chinese President Xi Jinping, said that the US-China trade dispute is “ironing”. “I believe we’ll see something soon” Bessent said, “Margaret Brennan faced the nation“
Wall Street on Monday, the commercial war was renewed between the nations. The S & P 500 fell from 10 points or 0.2%, 5,901, Dow Jones, and the industrial-heavy Nasdaq decreased by 0.1%.
May 12 tariff break
May 12 Agreement It takes 90 daysCreate time for the US and Chinese talks to reach a more substantial agreement. But the break still leaves fares higher than Mr. Trump began to ramp them last month. Enterprises and investors should also argue with uncertainty about whether the peace continues.
US Trade Representative Jamieson Greer, Mr. Trump, who has agreed to issue 145% of the United States, has released China to 30%. China has agreed to reduce the tariff rate of US goods to 10% to 125%.
On Monday, the Ministry of Trade, China, after the agreement, or suspend or suspend or suspend or suspend or suspend or suspend or suspend or suspend or suspend or suspend or suspend or suspend or suspend the “mutual tariffs” of the US. However, he claimed that the Trump administration “unilaterally new economic and uncertainty and uncertainty and uncertainty and uncertainty” between the two nations in connection with the export of EU plugs and chip design program, “trade relations between the two nations” increased trade and uncertainty. ”
The statement also said that Chinese students studying the Trump administration at US universities are dangerous to the Chinese students from the nations.
Trump management collided with China last week, announced that it would start To cancel visas for Chinese students There are more than 275,000 students from China in American campuses in the United States.
Experts added that the confusion between the United States and China increases economic risks between the two nations and their importance in global trade.
“If the United States and China are completely separated in another Blitz of the fully employed tariffs, it would be a really great for the global economy, the chief economist of the high-frequency economy, the chief economist of high-frequency economists, the chief economist of economists.” The demand for industrial goods will decrease. Will close more than one border. “
contributed to this report.
