China and the United States are accusing each other of reneging on their tariff truce as tensions rise over rare earths exports, computer chips and student visas.

China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to safeguard its interests.

Treasury Secretary Scott Bessent said Sunday that China is withholding critical minerals it agreed to release in a trade deal the country signed with U.S. negotiators last month in Geneva. "What China is doing is they are holding back products that are essential for the industrial supply chains of India,