The China-US negotiations were a big surprise, is this wave going to take off?
Family, big news! The China-US negotiations were unexpectedly smooth, which is really the biggest surprise since the beginning of the year!
You know, since Trump took office, the two sides have been in constant friction. This is the first time they sat down face to face to talk. The location was chosen in Geneva, and the closed-door consultations lasted for two full days, adding up to more than 10 hours. This chat really produced a lot of dry goods!
China was very tough at the negotiating table: the newly added tariffs must be withdrawn, and don't think of using fentanyl as a bargaining chip; rare earths are our strategic resources, and the US will never be allowed to blindly command; and technology, exchange rates, subsidies, etc. are all China's own internal affairs, and we will resolutely not accept the US's unilateralism. Moreover, we firmly follow the WTO route, and we will not accept their hegemonic rules of "I have the final say".
At the beginning, the US side said that it would cut the 145% tariff to 80%, and later there were rumors that it would cut it to 34%, but these were all media reports, and the truth is still questionable. The conditions they set are still the same old ones: trade must be balanced, China must cooperate on the fentanyl issue, and they also want to impose "reciprocal tariffs" to force us to make concessions.
The US Treasury Secretary also stated that the negotiations were "productive", but the specific details were kept secret.
As soon as the news came out, US stock futures opened and soared across the board, gold prices fell slightly, and risk aversion receded; oil prices rose with demand expectations, and everything went smoothly.
The most critical thing about this negotiation is not how many specific terms were negotiated, but the attitudes of both sides and the established framework. The fact that China and the United States can sit down and talk face to face has broken the "decoupling deadlock" that the market was most worried about before. Even if no details are disclosed for the time being, as long as the situation of this negotiation can continue to advance, it will be a huge benefit for capital. In this way, the foundation for the subsequent bull market has been laid. Recommendation: SOL chain is unique! Military Dog Conan (BQt) was once honored by President Trump as a "hero dog". He has a background as an active military dog. His market value is less than 10 million, and he has huge room for growth! 进来聊聊天 币安王牌KOL交流群,点击加入! #新闻交易 #贸易战缓和 #币安Alpha上新 $BTC $SOL