China-U.S. Negotiations!! Real Outcomes from Geneva!
This time, China and the U.S. didn't flip the table; they discussed hard currency!
From May 10-11, China and the U.S. had two days of discussions in Geneva, Switzerland, led by Vice Premiers and U.S. Treasury Secretary Basent making direct decisions.
Three core outcomes were achieved:
A 'Direct Line for Bosses' was established: The 'China-U.S. Economic and Trade Consultation Mechanism' was officially formed, allowing direct engagement between the two leaders to address trade disputes without making international headlines.
A joint statement will be released tomorrow: Specific agreements will be announced today, with tariff adjustments being the main focus. According to insider information, the U.S. may cut tariffs on China from 145% to 50-60%, with some categories having tariffs completely eliminated.
An agreement for long-term discussions: Technical restrictions, market opening, and other tough issues will be saved for the next round of talks, indicating a desire to negotiate while conducting business.
Confirmed tariff reductions: Previously, Trump hinted at a suitable reduction to 80%, but this joint statement clearly aims to breach the 50-60% embargo line, while a 10% baseline tariff increase remains.
On-chain confirmation: When the U.S. side dumped last night, on-chain monitoring detected 35,000 ETH transferred to exchanges, particularly during Asia's sleeping hours, targeting long positions.
Negotiation venue is significant: The talks were held at the Swiss Ambassador's residence to the UN in the suburbs of Geneva, a neutral location among third countries to avoid the 'Washington inequality feeling,' aligning with China's principle of 'equal negotiation.'
What can ordinary people benefit from?
Imported goods prices drop: If tariffs are genuinely reduced to below 50%, American cars and cosmetics could become 10%-15% cheaper, and cross-border e-commerce won't hurt as much.
Foreign trade bosses are stable: The agreement clearly states 'no unilateral tariff increases,' enhancing policy predictability, allowing businesses to confidently sign long-term orders.
A joint statement is about to be released this afternoon, focusing on two key points—the phased tariff adjustment timetable and the technical cooperation framework. Remember, a sharp drop in a bull market is an opportunity, but you must wait for the dust to settle!
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