After six years, Trump's heartfelt China-US top-level meeting was finally achieved. and just before the China-US top-level meeting, China-FAO Group was more than 180,000 tons, and at the same time, the price of soybeans on the Chicago stock exchange rose even more instantly, and Wall Street News was more directly blown out, and the United States was willing to reduce the previous Fentanyl tariffs by 10%.
At the same time, the meeting of the high-level China-US 140 minutes, and the whole atmosphere is more harmonious, and the Chinese side emphasizes that the Sino-US economic and trade team has formed a consensus, to implement good results, give the world a determination pill, and the Sino-US relationship to relax?
Reduce tariffs by 10% in exchange for concessions from China?
If the past game between China and the United States was a game for China and the United States to test each other's bottom line, then the current game between China and the United States is to find consensus among differences and reach an agreement. And just now, the heads of state of China and the United States have finally met, and this may be a new beginning.
Just now, the heads of state of China and the United States held a meeting in South Korea. It can be said that Trump specially arrived in South Korea for this meeting. Moreover, the Sino-US meeting lasted for 140 minutes. Although the details of the entire meeting have not yet appeared, the overall atmosphere is better than expected.
Although there have been about three high-level calls between China and the United States, the meeting is the first, and it is six years from the first meeting, it can be said that the meeting itself is a signal.
After all, everyone knows that heads of state meetings generally mean that preliminary results have been formed, or at least there are signs of improvement. After all, heads of state meetings are more of a final conclusion. Before the heads of state, everyone has reached a general consensus. Finally, the two sides implement each other.
In the news related to the meeting, the two countries' economic and trade teams have exchanged views on the issue in depth, and a consensus has been formed to solve the problem, and emphasized that the two sides' teams should finalize and resolve the follow-up work as soon as possible, and maintain and implement the consensus, and give the world a determination.
This also means that China and the United States have reached consensus in related fields, and the next is the implementation of the issue. And according to the Chinese side's published news, the United States will reduce the Fentanyl tariffs on China by 10%, while suspending the 24% tariffs imposed on China for a year.
China has also canceled reciprocal countermeasures accordingly and delayed the countermeasures on October 9 for one year. This means that the United States has withdrawn its threat to China, and China has also temporarily relaxed its threat to China. The threat of rare earth stuck in the United States.
It can be said that, except for the reduction of fentanyl tariffs from 20% to 10%, China and the United States have basically returned to before the tariff war.
What is even more surprising is that this extension is the simultaneous extension of the nearly 24% tariff imposed by the United States on China during the tariff war. This is acceptable to both China and the United States at present.
As a result, the average tariff of the United States on China has been reduced from the previous 55% to about 45%, and this average tariff is even lower than the current 50% exported by India and Brazil to the United States.
It can be said that this is acceptable for China and the United States, and as to why not directly cancel the 20% Fentanyl tariff directly, more is the United States considering the cooperation of China and the United States on the Fentanyl issue, will be gradually canceled in the future.
And besides that, the U.S. demand is to buy U.S. soybeans, and for us soybeans can be bought, but U.S. tariffs are only halved, so do we buy half too?
The Sino-US game enters a new normal
In the past, China-U.S. games were more than everyone's attempt to try and try the other side's bottom line, and the current China-U.S. games are obvious, we are looking for consensus, after all, the bottom line of the United States has been found, and then it is in the game to seek consensus.
It can be said that this has been completely different from before.The U.S. has been constantly adding to China.And we also saw that it was the 301 shipbuilding industry survey and 50% of the enterprise penetration survey, it can be said that each of these is a killing trick and is deadly for our enterprises.
However, this time, all these have been delayed for one year. That is to say, a rare earth in China singled out the US 301 shipbuilding industry investigation, the penetration investigation of 50% enterprises and the 24% tariff. As long as the United States does not comply, we can take action at any time.
From the perspective of one-on-three, it is obvious that the United States has no bargaining chips. In the past, it was either semiconductors or Taiwan Island, but this time it was not mentioned. This means that the United States is now completely out of cards.
In addition to small-scale competition and cooperation, what is left to China and the United States is to find consensus, the United States will find its own new position, and China will also re-examine the future world pattern.
After all, after this contest, China has found a way to contain the delay of the United States, but the United States has not found a good way to counter it. This means that the game in related fields is basically even. After all, for the United States, there are still many cards in China, such as diamonds, but what about the United States?
It can only be said that the offensive and defensive forces of China and the United States have undergone great changes. In the past, the United States took the initiative, but now it has been replaced by China. Next, China and the United States are more about seeking consensus, which is very beneficial to China, the United States and the world.