Posted originally on CTH on May 30, 2025 | Sundance

Not surprisingly, it appears the Chinese trade delegation that previously made commitments in Geneva, Switzerland, were wearing a panda mask at the time of the negotiations with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer.

According to a Truth Social post shared by President Trump, the panda mask was recently removed and the true Beijing dragon behind it appeared. This is not a shock to anyone who has followed the dynamic of Chinese trade promises and practices for a while.

PRESIDENT TRUMP – “Two weeks ago China was in grave economic danger! The very high Tariffs I set made it virtually impossible for China to TRADE into the United States marketplace which is, by far, number one in the World. We went, in effect, COLD TURKEY with China, and it was devastating for them. Many factories closed and there was, to put it mildly, “civil unrest.” I saw what was happening and didn’t like it, for them, not for us. I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized, and China got back to business as usual. Everybody was happy! That is the good news!!! The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!”

China was moving slowly on promises to issue export licenses for rare earths minerals. The Geneva deal called for China to lift trade countermeasures that restrict its exports of the critical metals needed for U.S. semiconductor, electronics and defense production.

“The Chinese are slow-rolling their compliance, which is completely unacceptable, and it has to be addressed,” U.S. Trade Representative Jamieson Greer told CNBC, without specifying how that would happen.