China’s Commerce Ministry firmly denied accusations by U.S. President Donald Trump that it violated a recent trade agreement signed in Geneva. In a statement released Monday, the ministry said China had “seriously taken, strictly implemented, and actively upheld” the consensus reached during the Geneva talks with the U.S.
The ministry criticized Washington for making “bogus charges” and said the accusations were “seriously contrary to the facts.” The statement added, “China firmly rejects these unreasonable accusations.”
Trump had accused Beijing last week of breaching several aspects of the Geneva agreement, though he did not provide specific details. The Geneva deal led to a mutual reduction in trade tariffs, but tensions between the two economic giants remain high.
China has frequently pushed back against the U.S.'s recent export restrictions on its chipmaking sector, stating that these moves directly undermine the Geneva pact. The Ministry of Commerce reiterated that such controls were not only unfair but risked destabilizing the progress made in trade relations.
U.S.-China trade negotiations have reportedly stalled, prompting speculation that a direct conversation between Trump and Chinese President Xi Jinping may be necessary to break the deadlock.
The year has seen a sharp escalation in trade hostilities, with the U.S. initiating steep tariffs on Chinese imports, prompting swift retaliatory duties from Beijing. While the Geneva agreement marked a temporary thaw with reduced tariffs, duties remain significantly higher than historic norms.
Recent economic indicators also highlight the ongoing impact of these tariffs on China’s manufacturing and export sectors, adding pressure to an already fragile economic recovery.
The continued dispute signals prolonged uncertainty in global markets, with both nations locked in a complex struggle for economic leverage.


Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Thailand Inflation Remains Negative for 10th Straight Month in January
U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages
U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit
Newly Released DOJ Epstein Files Expose High-Profile Connections Across Politics and Business
Trump Rejects Putin’s New START Extension Offer, Raising Fears of a New Nuclear Arms Race
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 



