#TradeWarEases
⚙️ It didn’t start with tariffs — it started with fear.
Fear of China’s rise. Fear of losing tech control.
2018: 25% tariffs on $250B worth of Chinese goods.
China hits back. What followed: semiconductors, Huawei bans, investment curbs — a full-spectrum decoupling.
📉 By 2023, trade dropped to $575B (from $690B in 2022).
US FDI into China? Down 80%.
China’s US bond holdings? From $1.3T to $775B.
⏳ May 10–11. Geneva.
For the first time in years — a real shift:
✂️ US to cut tariffs on consumer goods (clothes, appliances, bikes — details incoming)
⚕️ China to criminalize exports of fentanyl precursors — a key ask from Washington
📞 New “Trade Consultation Mechanism” to manage escalation
📜 Joint statement lands May 12
Why now?
— US needs cheaper imports to fight inflation
— China needs export volume to offset weak domestic demand
— Both sides seek stability before elections & volatility peaks
But make no mistake:
This is not peace.
This is controlled damage.
The war didn’t end — it just went backstage.
Watch the charts. Watch the narrative.
The next phase is already loading.
Follow @Cryptolycus to stay ahead!