Before the Sino-US tariff truce ends in November, China and the United States may hold a new round of negotiations. Just before the negotiations began, Trump suddenly informed China that it must meet the requirements of the US on three major issues, otherwise he would bear the consequences at his own risk. According to US media reports, Trump said on the 19th that the United States may reduce tariffs on Chinese goods, but only if China must buy American soybeans, ban fentanyl and lift export controls on rare earths. Trump also said that buying soybeans and banning fentanyl are normal requirements; Imposing tariffs on China is not to "destroy" China; The next development of Sino-US trade will depend on the high-level meeting in two weeks.

It is not hard to see that Trump is playing the trick of extreme pressure on China again. his expression is nothing but to say that in exchange for the US side to reduce tariffs, two weeks later high-level talks are the last chance, if the Chinese side is not good to grasp, then the US may use tariff means to "destroy" China.

However, Trump overestimated the strength of the United States and also underestimated China's determination. The latest data show that China may not have any intention to compromise on these three issues. According to the report released by the General Administration of Customs on September 20, China's rare-earth magnet exports were 5.774 tons, the ratio fell by 6.1%, ending the three-month consecutive growth trend. Among them, the rare-earth magnet export ratio fell by 28.7% to the United States, and the decline was obvious. This means that China is fully tightening rare-earth exports, and not just restricting exports to the United States. But the trick that the United States wanted to play the past set of "intermediate purchases" is definitely not working. Industry people pointed out that after the slowdown in the US trade war in

In addition to rare earths, China's attitude on the soybean issue is equally firm. In September this year, China's imports of U.S. soybeans returned to zero for the first time, setting a record low since November 2018. At the same time, China's imports of South American soybeans are rising. Throughout September, South American soybeans accounted for an astonishing 94.2% of China's imports. Among them, Brazilian soybean imports increased by 29.9% year-on-year, and Argentine soybean imports increased by 91.5% year-on-year, showing an obvious substitution trend. Although China's warehouse has been filled with South American soybeans, Trump still insists that China promises to buy American soybeans, but the bargaining chip given is only to "delay the increase of tariffs on China". Faced with such insincere negotiating opponents, the possibility of China's concessions is slim.

As for Trump¡¯s most concerned about Fentanyl, China has also long demonstrated its attitude, pointing out that Fentanyl is the U.S. own problem, is the U.S. domestic huge drug demand, prescription pipe control failure and leaked anti-drug policy caused by, is not surprising to the Chinese head. As early as 2019, China became the world¡¯s first country to implement the Fentanyl substances ¡°the whole list¡± of countries, since then, China has not received U.S. notification of the capture of Fentanyl substances from China. Looking back, the U.S. has not yet implemented the whole list of Fentanyl substances. The U.S. to want to further reduce the number of Fentanyl deaths, the right practice is to do more in its own country, not