Commercial truce between the United States and China is threatened with collapse, as Beijing delays approvals for exports of rare land, triggering Washington’s reaction, accusing China of defining the deal.

The reach of the Geneva Agreement earlier this month was based on Beijing’s concessions on critical minerals, according to the Wall Street Journal. US negotiators demanded that Chinese Vice President He Lifeng restart exports of rare land exports, in exchange for a 90 -day suspension of US duties. Chinese vice president agreed at the last minute after marathon talks with US Finance Minister Scott Besed and trading representative Jamie Green.

The agreement announced led to the suspension of most mutual duties, prompting a positive reaction from investors and businesses internationally.

However, since then, Beijing has reportedly delaying the issuance of export licenses for rare land and other critical materials, such as those used in car and microchip.

On Friday, President Trump and his trading representative accused China of violating the terms of the deal, with Trump leaving open the possibility of new measures.

“China, perhaps not so unexpected for some, has violated our agreement fully,” Donald Trump wrote on Truth Social, while his trading representative, Jamie Green, accused Beijing of “deliberately delaying the implementation of the agreement.

For He Lifeng, the key to Chinese economic policy and a trusted associate of Xi Jing, the willingness to comply with China’s commitments to the rare earths faded after the US Department of Commerce’s announcement on May 12th.

Beijing took this warning as a new US offensive action and filed a protest to Washington.

Trump’s officials then assured his team that the WEE that the Ascend chips directive was simply a repetition of the late US policy and that China had to comply with its commitments. However, such messages have so far failed to persuade either he or SI. Beijing is still delaying the approval of the relevant export licenses.

This formerly unknown aspect explains why the Geneva Agreement is now in danger of collapsing. The United States and China are now conveying the confrontation between new economic warfare, with the two camps trying to gain advantage through non -tariff means.

The statements by the Trump government on Friday came at a time when many US companies, and especially automakers, complained that Beijing is delaying the approval of rare land export licenses, vital materials for the manufacture of modern vehicles. If China does not accelerate approvals, companies have warned the White House that they may be forced to stop production, as happened during the pandemic, according to a source cited by WSJ.

Shortly after Geneva’s talks, some Trump government officials who participated in the trade negotiations admitted privately that China was likely to withdraw from key points of the agreement, with the US closely monitoring the parameter of rare land.

In Beijing, officials consider the export licensing system, which was implemented in early April as a powerful new US weapon and significant negotiating paper in commercial talks.

For the time being, the process of restarting a high level of negotiations has been frozen. US Secretary of Finance Scott Bessed told Fox News on Thursday that it may be needed a telephone conversation between Trump and Si Jing to lift the impasse. ‘Given the size and complexity of conversations, I appreciate that

The two leaders will be required to intervene, “he said. The two had last chatted in January, shortly before Trump’s swearing -in. On Friday afternoon, Trump told reporters that he would talk to Si, adding that he hoped the two leaders would “find” them.

The Trump government had already begun to draw up an alternative Plan B plan following the court ruling this week that called on its tariff policy. Any interruption in the implementation of duties due to the decision would weaken Trump’s negotiating power in the ongoing talks with Beijing.

In response to what it characterizes as China’s non -compliance with the Geneva Agreement, the Trump government has imposed even more export controls on high -tech products to China. According to sources with knowledge of the subject, these checks include components necessary for the construction of C919 commercial aircraft, Si Jing’s favorite, as well as the special software that Chinese companies need for microchip design.

In a statement, a Chinese Embassy spokesman in Washington, Liu Pengu, said China has “expressed its concerns” to the United States about “abuse of export controls” in semiconductor and other related practices. Liu called on the US to “jointly comply with the consensus reached in high -level talks in Geneva”.

At the same time, the Trump government is conducting a series of investigations into China’s unfair commercial practices and their possible threats to US national security. These investigations may lead to the imposition of higher duties on Chinese medicinal products and other goods, in an effort to offset the recent court ruling attempting to block most of Trump duties.

In another sign of intensity between the two world powers, the US government announced earlier this week that it will start revoking student visas for Chinese students studying at US universities. The Chinese Foreign Ministry described the decision as “politicized and biased”.

Beijing considers all these recent moves as part of Trump’s attempt to increase the pressure on future trade negotiations. Chinese officials who participated in the Geneva talks have also expressed a willingness to continue contact with their US counterparts, according to persons with knowledge of the matter.

However, so far, Beijing shows a little willingness to retreat.

“The US turned its back on the negotiating table and immediately intensified their pressure into the China semiconductor industry,” he said on Wednesday’s commentary on the official account of the Qiushi party magazine (“looking for the truth”). “This shows that the resolution of commercial disputes will not happen from day to day.”