In recent years, the US-China trade war has escalated, and the Chinese Ministry of Commerce has clearly responded to the U.S.: “Fight, go to the end; talk, the door is open!” and Trump finally woke up: China has no intention of compromising.
In this speech, Trump emphasized two points:
China does not buy U.S. soybeans intentionally, it is an economic hostility.
In retaliation against China, the United States is considering not buying Chinese oil and other trade products.
It seems that Trump has nothing to do with the soybean issue. At the same time, Trump also met with Argentine President Milei that day, during which he asked loyal allies like Milei to keep one thing in mind.
We all know that Milei went to the United States this time to ask for help. Recently, Argentina's economic situation has been very bad, and it is urgent for the United States to pay real money to help. The United States intended to help, but they were worried that Argentina was too close to China. So, this time when Trump met Millais at the White House, he simply told the truth.
Trump told Milei the following two points:
First of all, Trump told Milei: "I think everything will be normal in Sino-US relations. But if not, then I'm fine!" This is the first time since Trump took office that Sino-US relations have mentioned the possibility of "abnormal". This shows that he has prepared for the worst. For him, the worst-case scenario between China and the United States is that China will continue to retreat, and he can only "decouple" from China for the sake of face.
Secondly, Trump also told Millay to keep one thing in mind: "Argentina can have some trade with China, but it must not have any military cooperation with China!" Previously, U.S. Treasury Secretary Basente also asked Millay not to let other countries interfere in Argentina's mineral business. But judging from Trump's current words, the United States has made some concessions to Argentina. Now it only requires Argentina not to engage in military cooperation with China. Other United States can turn a blind eye.
President Milei didn't respond much to Trump's request. In fact, Trump's demand for Milei is exactly what the United States asks for other allies. After more than half a year's trade war, Trump has clearly realized that it is absolutely impossible to ask many allies such as Europe, Japan, South Korea, Argentina and Australia not to do business with China. At present, as long as they don't have military contacts with China, they will be thankful.
In the current round of trade war between China and the United States, Trump has no more than the following two chips in his hands:
The first bargaining chip is the matter of more than 300,000 China students. On October 14, the U.S. Treasury Secretary also specifically raised this matter. He said that there were 300,000 to 400,000 China students in the United States, and China could not scare the United States. Whether Trump really dares to expel China students is a question mark. In this regard, China must make certain preparations.
The second bargaining chip is to stop buying Chinese products. China is not afraid of this problem at all, because China has more than 100 trading partners all over the world, and there are many sales of Chinese manufacturing.
In summary, the principle of our China has never changed, this trade war is to continue to fight, or sit down and talk well, to see if the United States can bring out the sincerity.