$BTC Family, big news! The recent negotiations between China and the U.S. have been surprisingly smooth, truly the biggest surprise of the year so far!

You should know, since Trump took office, there have been constant frictions between both sides, and this is the first time they have sat down face to face to talk. The location was chosen in Geneva, where closed-door discussions lasted for a full two days, totaling over 10 hours, and they actually came up with a lot of substantial content!

The Chinese side was quite assertive at the negotiation table: the newly added tariffs must be lifted, and don’t think about using fentanyl as a bargaining chip; rare earths are our strategic resources, and we absolutely won't allow the U.S. to dictate terms; as for technology, exchange rates, and subsidies, these are all internal affairs of China, and we firmly reject the U.S. unilateralism. Moreover, we are committed to following the WTO path and will not be subjected to their hegemonic rules of 'we call the shots.'