After a year of turmoil, Trump stirred global markets into a frenzy, once again shouting "war on China," and threatening to impose a 100% tariff, solemnly declaring that he would bring manufacturing back to the United States. His supporters were also busy rallying online, editing videos, and chanting slogans, creating an atmosphere where a new Cold War seemed imminent.

But when the agreement was finally announced, everyone saw clearly: the so-called "new agreement" was merely a rebranded version of the trade framework from Biden's era; tariffs hadn't truly increased, and the blockade hadn't escalated. Trump had boisterously proclaimed "making China bow down," only to end up with a statement that "China has temporarily postponed rare earth export controls," along with some soybean purchase commitments, allowing him to boast to American farmers: "China backed down."

From a tense standoff to returning to the negotiating table, from high-profile confrontation to low-key compromise—after six months of turmoil, everything returned to square one. Communication mechanisms were restored, tariffs were temporarily frozen, supply chains were coordinated, and agricultural product purchases were restarted; each point felt eerily familiar, almost identical to two years ago. The only difference was that Biden initially took a low-key approach to stabilize the market, while Trump turned the same play into a personal reality show.

The market oscillated in vain, and the world experienced a false alarm. In the end, those truly harvested were not China, nor Wall Street, but the expectations and trust of the steadfast Trump supporters.

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