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Trump news at a glance: US-China trade relations falter amid fragile trade truce

(7 months ago)
Guardian staff reporter
Donald TrumpUnited States

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TL;DR: Key points with love ❤️

Trade relations between the US and China have faltered despite President Donald Trump's earlier declaration of a 'total reset,' highlighting the fragility of their trade truce. The US accuses China of violating an agreement by not rolling back critical mineral export restrictions, while China denies the accusation and vows to protect its interests.

Trending
  1. 1 May 2025: President Donald Trump hails a 'total reset' of US-China relations.
  2. 2 May 12, 2025: US-China agreement made.
  3. 3 Late May/Early June 2025: Trade relations falter.
  4. 4 Friday (early June 2025): Trump states China 'totally violated' the agreement.
  5. 5 This week (early June 2025): China's commerce ministry denies accusations and vows to safeguard its rights.
  • Unstable trade detente
  • Escalating war of words between world's two largest economies
What: US-China trade relations faltering; US accusing China of violating trade agreement regarding critical mineral exports; China denying accusations and vowing to protect its rights.
When: May 2025 (total reset hailed); May 12, 2025 (agreement date); Friday (early June 2025, Trump's statement); this week (early June 2025, China's commerce ministry statement); 2 June 2025 (key US politics stories from).
Where: United States, China.
Why: Fragility of trade truce; China not delivering on promises to roll back restrictions on critical mineral exports; China's determination to safeguard its rights.
How: Escalating war of words; accusations and denials regarding trade agreement violations.

Trade relations between the US and China have faltered despite President Donald Trump's earlier declaration of a 'total reset,' highlighting the fragility of their trade truce. The US accuses China of violating an agreement by not rolling back critical mineral export restrictions, while China denies the accusation and vows to protect its interests.