The proposals from both sides this time are very straightforward:

First, pause the recently imposed 24% tariffs, allowing a full 90-day buffer for both parties; a symbolic 10% small tax will remain in place as a bargaining chip that can be "retracted at any time." The tax administrative orders from April—U.S. 14259, 14266, and China's Tax Committee orders No. 5 and 6—will be voided altogether.

China will also conveniently pause or cancel those non-tariff countermeasures initiated in early April (such as technical reviews and administrative permits), and the U.S. side will accept this as is.

How to negotiate going forward? He Lifeng will benchmark against Treasury Secretary Scott Pruitt and Trade Representative Jamieson Greer, and they can choose any location they prefer—Beijing, Washington, or even a third country. If there are any details that cause issues, a working group can be convened at any time.

In short: both sides are giving the market a 90-day relaxation period, and the future direction will depend on whether the atmosphere can be maintained during these 90 days.#新闻交易 $BTC