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China accused the U.S. of violating trade agreements and threatened retaliatory measures. Trade negotiations have stalled

China accused the U.S. of violating trade agreements

China accused the United States of violating trade agreements and threatened to retaliate, Bloomberg writes.

So Beijing responded to recent accusations from Donald Trump and said that it was the US that violated the terms of the earlier trade deal.

The Chinese Ministry of Commerce, in particular, condemned the new restrictions imposed by the US.

They include a ban on technology exports, a tougher visa regime for students, and restrictions on chips for artificial intelligence.

Bloomberg writes that against the backdrop of this conflict, quotations on Asian markets and futures on U.S. stock indices.

Earlier, it was reported that, in May, the U.S. and China concluded a deal on which they mutually reduced the previously imposed duties.

But recently, US President Donald Trump accused China of violating the deal. Now China has made retaliatory accusations.

The White House is hoping for a conversation between the leaders this week, but trade talks have stalled so far.

 

ua-stena.info

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