Trade tensions reignite as China reacts to U.S. moves on AI chips and student visas
Briefly

China expressed its strong discontent towards U.S. actions undermining Chinese interests, like AI chip export controls and student visa revocation. The trade ministry referred to these moves as violations of consensus from recent trade discussions. Despite a temporary agreement to reduce tariffs, ongoing tensions and uncertainty remain. U.S. and Chinese negotiators were given 90 days to seek a more permanent resolution, but the lack of trust continues to exacerbate the situation, suggesting a readiness from China to respond firmly to perceived provocations from the U.S.
These practices seriously violate the consensus reached during trade discussions in Geneva last month, referring to a China-U.S. joint statement to reduce tariffs and restart trade.
The United States has unilaterally provoked new economic and trade frictions, exacerbating the uncertainty and instability of bilateral economic and trade relations.
China will continue to take resolute and forceful measures to safeguard its legitimate rights and interests, indicating readiness for retaliation.
Instead of reflecting upon its commitments, the U.S. appears to be exacerbating tensions between the two nations, undermining recent agreements.
Read at Fast Company
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