China accuses US of undermining trade agreement

Trump has accused China of violating the deal

China has accused the U.S. of undermining the trade agreement between the two countries that was established during a Geneva meeting in May.

The U.S. and China announced a 90-day détente that involved reduced tariffs last month, but less than a month later, both are accusing each other of running afoul of the deal.

According to a translation of the Chinese Ministry of Commerce's website, a ministry spokesperson said that after the discussions in Geneva the U.S. "has successively introduced a number of discriminatory restrictive measures against China, including issuing export control guidelines for AI chips, stopping the sale of chip design software (EDA) to China, and announcing the revocation of Chinese student visas.

RETAILERS SHIFT SUPPLY CHAINS TO REDUCE RISKS FROM TRUMP'S TARIFFS ON CHINA

Left: Chinese President Xi Jinping; Right: U.S. President Donald Trump

Left: Chinese President Xi Jinping; Right: U.S. President Donald Trump (Left: Ken Ishii - Pool/Getty Images; Right: Chip Somodevilla/Getty Images)

"These practices seriously violate the consensus reached by the two heads of state on January 17, seriously undermine the existing consensus of the Geneva economic and trade talks, and seriously damage China's legitimate rights and interests," the spokesperson noted.

In a statement the White House provided to Fox News Digital after publication on Monday, press secretary Karoline Leavitt said, "At the direction of President Trump, the Administration is aggressively moving to onshore critical supply chains, including the production of magnets, in the United States. At the same time, the Administration is actively monitoring China’s compliance with the Geneva trade agreement and President Trump will speak directly with President Xi very soon."

US CAN'T CUT CHINA OFF COMPLETELY, BUT MUST DEFEND AI AND AMERICAN INNOVATION FROM NONSTOP THEFT: SEN ROUNDS

In a Friday Truth Social post, President Donald Trump accused China of breaching its agreement with the U.S.

"The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!" Trump declared.

TRUMP WARNS COURT RULING AGAINST TARIFFS COULD LEAD TO ‘ECONOMIC RUINATION’ OF US

GET FOX BUSINESS ON THE GO BY CLICKING HERE

U.S. Treasury Secretary Scott Bessent indicated during an appearance on "Face the Nation" that China is withholding rare earths and critical minerals that it had agreed to release.