Trump personally admitted that high tariffs on China were difficult to sustain, and the US Treasury Secretary urgently asked for talks. After the United States frantically launched 20 suppression measures within 20 days, it suddenly gave in. Does it mean that the United States has no cards to play? Martin Jacques, a famous British scholar, even revealed the secret and punctured the last disguise of the United States.
On October 18, Sino-US economic and trade leaders made a video call and agreed to hold a new round of Sino-US economic and trade consultations as soon as possible.
The United States finally waited for the opportunity for this consultation, which shows that Trump has realized that "high tariffs against China are not sustainable", in line with the urgent negotiation request of Finance Minister Bessent, Washington's strategic withdrawal has become obvious, which is not only a tactical mitigation, but also the bankruptcy of the "extreme pressure" strategy on China.
Having regard to the bad habits of “talking side by side,” China's Ministry of Commerce spokesman Ho Zheng also advised the United States in advance, hoping that the U.S. side can cherish the results of economic and trade talks, correct previous mistakes, and negotiate on the basis of mutual respect and equal dialogue.
Not only that, He Yongqian also specifically mentioned the behavior of the United States after the last Sino-US Madrid talks, reminding the United States not to repeat the same mistakes. At that time, The US-China talks just ended, and the U.S. intensively introduced 20 pressure measures against China, ranging from including thousands of Chinese enterprises on the list of "penetrative" entities, to imposing additional charges on Chinese ships for ports.
This crazy rhythm exposed the last round of false voices by the United States before the negotiations.U.S. cable television news network that Washington's wave of operations has angered Chinese counterparts.
After that, China opposed one wave after another. The U.S. government has tried to stifle Chinese technology enterprises through the chip ban, but the breakthrough progress of China's domestic 7nm chip has made the U.S. blockade a joke.In the field of shipbuilding, the 301 investigation not only did not hurt China's shipbuilding industry, but instead led to China's counter-reaction to U.S. port fees.
Faced with the two-sided strategy of the United States' "frontier talks and battles", China's reaction is sharp: “Fight, go to the end; talk, the door is open.”
At the same time, this rare earth card was revealed.
China's recent implementation of rare-earth technologies globally "long-arm jurisdiction", blocking all possible technology outflow channels.This precision counterattack directly hits the doorstep of the U.S. military and high-tech industries demonstrates China’s rule-shaping power in key resource areas.
It can be seen that the sanctions toolbox of the United States has bottomed out, while China's counter-measures are emerging one after another.
Today, China is willing to give the United States a chance for the sake of the global economy. With the launch of a new round of economic and trade consultations between China and the United States, three major issues will become touchstones: Whether the U.S. cancelled the list of permeable entities and port charges measures, which are China’s red lines; whether China extended the period of exemption from rare-earth export controls due to expire on November 10; and whether the two sides can establish an equal negotiating framework.
As the Ministry of Commerce emphasized, the prerequisite for negotiations is always "mutual respect and equal consultation."
In fact, the nature of the Sino-US game has long transcended the scope of trade. The fundamental misjudgment of the United States lies in its excessive superstition of financial hegemony and the power of technological blockade.The real economy is the foundation of the state power.
Today, China has the world's only all-category industrial system. Its manufacturing output value exceeds the combined value of the United States, Japan and Germany. It has had bumper grain harvests for ten consecutive years, and its self-sufficiency rate in staple grains has stabilized at more than 95%. In emerging fields such as 5G, new energy, and high-speed rail, China has achieved the transformation from following to leading.
On the other hand, the United States, Inflationary pressures continue to be high, and the hollowing out of the industry has exacerbated the dilemma that even a large merchant ship is difficult to build.This change in power contrast is precisely the deepest reason America is constantly facing.
More importantly, military force sets the security boundaries for the economic game. From high-speed hypersonic missiles to electromagnetic launch aircraft carriers, China's established "regional rejection" capability ensures that no force dares to delude. It is difficult for the United States to escalate an economic conflict into a military adventure.
The next day, The famous British scholar, Martin Jacke, put forward a rhetorical view at the Second World Congress of Chinese Studies, saying directly that “the American market is not so important” and pointed out that China is responding to the world’s turmoil in the right way.
In his view, China has become the most important economic force in the world and has made great progress in the technological field. Martin Jacques said bluntly, "The United States is trying to compete with China in the semiconductor field, but I don't think that will work."
Martin Jacques's views represent the consensus of a group of western people of insight. The Trump administration lacks a long-term strategic vision and is unable to defeat China in a lasting war.
The United States is still addicted to tariff weapons. China has built an unshakable economic defense line with its complete industrial chain, independent technological breakthroughs and expanding domestic demand market.
The emergence of this rational voice itself shows that the international community's perception of the strength balance between China and the United States is undergoing a fundamental change.
In the upcoming consultation, China is soberly aware that this is by no means the end, but another new turning point. The United States may continue to say one thing and do another, so the game will surely be long-term.
But differently, China has handled the right to formulate rules, the size of the market and the time of the three cards, and is seated in the center of the table.
China proves with its strength that mutual respect is not a code for negotiation, but a prerequisite for dialogue; equal consultation is not a gift of gifts, but a norm for international exchanges. The United States today, only to return to equal dialogue, take care, otherwise there will only be more pain.