Trump's trip to Asia really brought its own traffic. As soon as he went out, "big news" came out from the Sino-US negotiations. U.S. Treasury Secretary Bescent jumped out for an interview first, saying that the two sides had reached a "very substantive framework agreement" and couldn't wait to directly tell the world that "good things are coming".

But everyone understands, such a level of negotiations has such a fast "big end"? otherwise, Bessent turns back and forth only through one concrete content: the US is no longer considering the imposition of 100% tariffs on China. and this is also the first step of the US concession, giving up the "tariff war" against China initiated by Trump.

Let's look at the response from the Chinese side, which is called rigor. Li Chenggang, Ministry of Commerce of China, directly pointed out the real atmosphere of the negotiations: "The US side is tough in expressing its position, and China is firm in safeguarding its interests". The translation of this statement means that the two-day consultation between China and the United States is a real "verbal sword", and every topic has to be clarified.

And Li Zheng Steel also revealed a key background, the past month in the U.S. economic and trade relations volatility is large, which is not China willing to see.

More importantly, according to CCTV News's exclusive video report on October 26, Li Chenggang made it clear that the two sides have only formed a "preliminary consensus" on a number of issues such as tariffs and export controls, and have to implement their respective internal approval procedures, which is far from reaching the point of "negotiation".

Waiting until October 27, the Foreign Ministry spokesman also came out to respond, saying that the two sides reached a basic consensus, but the specific details need to be further determined. This is contrary to the assertion of the "very substantive framework" by Bezent, the temperature difference is not very obvious. Like the same drama, the U.S. sent the "successful end" blossoms, but the Chinese sent the "unfinished" plot.

In fact, from previous reports, it can be seen that this Kuala Lumpur consultation was held from October 25 to 26, led by China's Deputy Prime Minister Ho Chi Minh and the U.S. Treasury Minister Besent, is the fifth face-to-face negotiation between the two sides since May this year.

The topics are also far more complex than imagined, not only agricultural products, rare earth and these old topics, but also include the 301 measures of the United States against China's maritime logistics and shipbuilding industry, Fentanyl tariffs and law enforcement cooperation, and even the extension of the mutual tariff suspension period.

The answer is "constructive exploration". these four words are too scholarly, to speak clearly is "talk, but not completely through; there is progress, but not to the ground", so after that, China and the United States will continue to conduct detailed talks.

Moreover, this Sino-US trade negotiation seems to be more urgent for the United States. In the first half of this year, China also bought U.S. soybeans. However, starting from May, U.S. soybean exports to China have directly returned to zero. This is a "food shortage" level blow to American farmers who rely on soybean exports for a living.

To know, China is an important buyer of U.S. soybeans, last year's exports in September could reach several million tons, this year's "zero" word, behind the anxiety of countless U.S. farmers, many farms have been bankrupt, farmers can only sell equipment to maintain their livelihoods.

From this, we can see who wants the negotiations to go smoothly more. Li Chenggang also emphasized that China has been implementing the previous consensus, and it was a series of actions by the United States that caused shocks in economic and trade relations. This is not empty talk. The United States has indeed taken a lot of actions since October: starting from the 14th, it will impose additional port service fees on China ships.

China was not used to it. It directly counter-imposed special port fees on a reciprocal basis, and also increased the export control of rare earth, which led to the drama of returning to the negotiating table later. The president of the U.S. -China Business Council directly exposed the truth: If Trump wants an "excellent" Sino-US agreement, he has to return to the status quo before the trade war.

This is too true. Many issues that the two sides can't talk about now are essentially the "sequelae" left by the trade war. If China and the United States don't solve the root causes, it's useless to rely solely on Bescent to shout "reaching a framework", and the negotiations can't continue.

Looking at this, the pace of negotiations has long been carried away by the Chinese side's "stable and stable battle".China is not in a hurry to sign the agreement, after all, the interests should not be reached, talk a few days instead of more detail.But the United States can not be exhausted, the votes of farmers, the pressure of enterprises, everything is like an urgent text message, sent to the White House every day.

The reason why Bescent is in a hurry to "announce the good news" is to stabilize the domestic sentiment. After all, the original tax increase measures were cancelled on November 1st, and there is still a tariff truce agreement to expire on the 10th. At this juncture, it is necessary to give the outside world a "positive signal". But as soon as China's official response came out, it directly revealed the real game behind it.

The essence of the Sino-U.S. economic and trade relations is mutual benefit and win-win, but the situation between the two sides now is that the U.S. side wants to quickly "exchange" the results, and the Chinese side wants to "write the tasks solidly" to secure interests.

Per after a while, the Sino-U.S. consultation will have new news, after all, this level of negotiation, with continuous drama, reversal and details are the most important. but one thing is certain, China wants real interests, not a framework for the mind, if the United States wants to rely on the painting of big cakes, it is estimated that there is no problem.