Trump’s China ‘truce’ is nothing of the sort
After a testy war of words that escalated into a tit-for-tat restriction on key exports, American and Chinese officials this week met in the United Kingdom with a singular goal: Find a way to agree to what they had agreed to a month earlier in Geneva.
But in reality, the trade truce – if that’s really what was accomplished this time around – is mostly just a return to the already-tense state of affairs from before April 2. Tariff rates from both countries remain historically high, and significant export restrictions remain in place. The United States has not opened its doors to China’s autos, nor is it going to sell its high-end AI chips anytime soon. And, in President Donald Trump’s parlance, China isn’t treating America much more “fairly” after this agreement than it did before.
| by Anonymous | reply 3 | June 11, 2025 10:12 AM
|
The Trump administration had expected China to lift restrictions on rare-earth materials that are critical components for a wide range of electronics, but China has only very slowly allowed them to return to the open market, causing intense displeasure inside the Trump administration and prompting a series of export restrictions on US goods to China, three administration officials told CNN last month.
| by Anonymous | reply 1 | June 11, 2025 9:10 AM
|
Trump is a criminal, con man and a fraud.
The art of the deal, my ass. Trump knows nothing about trade, tariffs and geopolitical negotiations.
In another 90 days the U.S. will be back to where it started...and then as before Trump Always Chickens Out = TACO.
| by Anonymous | reply 2 | June 11, 2025 9:13 AM
|
Trump knows nothing about the Chinese. They will happily starve to death before they give in. And the once the dust settles - they will make the US pay for this for decades.
Trump is fucking moron.
| by Anonymous | reply 3 | June 11, 2025 10:12 AM
|
