Trump Reignites Trade War, Accuses China of Breaking Deal

The trade standoff between the U.S. and China took a sharp turn on Friday after President Donald Trump accused Beijing of breaching a recently struck economic agreement.

The remarks come on the heels of Treasury Secretary Scott Bessent’s admission that negotiations between the two countries have once again ground to a halt.

Writing on Truth Social, Trump slammed China for violating terms of a deal he said was intended to stabilize its economy amid what he described as “grave danger.” He claimed his administration’s aggressive tariffs had brought Beijing to the table, prompting a quick resolution that briefly calmed tensions. That calm, however, appears to have been short-lived.

Trump suggested that China had reverted to old practices, disregarding the agreement despite initially benefiting from the temporary truce. His tone marked a sharp shift from previous conciliatory messaging, saying he regretted “playing Mr. Nice Guy.”

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The flare-up has already spilled over into crypto markets, which had reacted earlier to Bessent’s comments with notable volatility. Bitcoin, which fell below $105,000 earlier in the day, managed to reclaim ground, holding just above that threshold at press time.

With U.S.-China relations on edge once more, traders are bracing for renewed turbulence — both in traditional markets and across digital assets.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.