Beijing says it is ‘strictly implementing’ consensus reached in Geneva but US is taking steps that ‘seriously undermine’ it

U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.

China has accused Donald Trump’s administration of violating its trade deal with the US as it vowed to re-escalate the trade war between the world’s two largest economies.

Most analysis missed the role of Switzerland as host in the China-U.S. trade talks, but its quiet mediation should serve as a role model for other states.

U.S. and Chinese officials are set to meet in Switzerland to discuss potentially de-escalating the trade spat that has resulted in high tariffs for each country.

President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.

Trump’s latest export controls seen as ‘clear escalation’ since Switzerland talks, while Beijing clings to its dominance over critical minerals.