Former US President Donald Trump on Thursday claimed that China had been on the brink of severe economic trouble due to the tariffs imposed during his administration, and accused Beijing of violating a trade agreement made to ease the crisis.
In a post on Truth Social, Trump wrote that the high tariffs made it “virtually impossible” for China to trade into the US market, calling the action equivalent to going “COLD TURKEY” with China. He said this led to widespread factory closures and “civil unrest” in China.
Trump further stated that he had intervened by negotiating a “FAST DEAL” to stabilize the situation, not for the US but to prevent a deeper crisis in China. “Everything quickly stabilized and China got back to business as usual,” he wrote.
However, Trump sharply criticized China for what he called a breach of that agreement. “The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,” he said, ending his post with: “So much for being Mr. NICE GUY!”
Trump’s comments come amid renewed tensions in US-China trade relations as Washington weighs additional tariffs on Chinese goods.