China accuses US of ‘severely violating’ trade truce

China has accused the US of violating a trade truce established during talks in Geneva in May, leading to renewed tensions between the two nations. President Trump claimed China breached the agreement, while China’s commerce ministry stated that the US had enacted discriminatory measures that harmed China’s rights, including restrictions on Huawei and chip sales. The ongoing trade friction threatens US manufacturing due to slow rare earth exports from China, despite hopes for resolution through a potential call between Trump and Chinese President Xi Jinping.