Beijing on Tuesday urged Washington to “respect facts, stop spreading disinformation, and correct its wrong practices” to create conditions for meaningful dialogue amid a dispute between the world’s two largest economies over a recent trade deal.
US Treasury Secretary Scott Bessent said during a TV interview on Sunday that details on trade deals between China and the US “will be ironed out”.
The latest remarks came after the two countries accused each other of violating the tariff truce reached in Geneva last month, which committed the world’s two largest economies to reduce tariffs by 115 per cent on each other’s goods for 90 days.
On the same day, reports emerged that Washington had suspended the sale of certain jet engine technology and chip design software to China – the latest in a series of export controls targeting the country’s hi-tech industry.