About Tariffs

Whether the US and China negotiate or not, it seems that basically no one here cares anymore, everyone is just waiting to see the American joke~

But thinking about it again, if we talk, what can we talk about? What does the other party want, and what can we offer?

If you ask me, we can really talk about the appreciation of the RMB. The parity exchange rate of the RMB against the US dollar should be below 3. Now that the RMB is appreciating, the benefits to us far outweigh the drawbacks.

It's just that there's a Japanese Plaza Accord in the past, and the exchange rate was forced to appreciate, which is a bit embarrassing to say.