#贸易战缓和
In May 2025, there are significant signs of easing in China-US trade relations. Since the trade war broke out in 2018, economic and trade frictions between the two sides have escalated over the past seven years, affecting various fields such as technology and finance, and deeply impacting the global economic landscape. Recently, U.S. Treasury Secretary Basant's performance on related issues, along with Trump's acknowledgment of mistakes in trade policy towards China and plans to adjust tariffs, indicate a shift in the U.S. attitude. At the same time, China announced a new round of negotiations with the U.S. in Switzerland, demonstrating a proactive cooperative stance. If tariff negotiations are restarted, both sides may cancel 'retaliatory' tax increases, and the overall level of U.S. tariffs may decrease from 145% to about 73%, which would greatly alleviate global economic pressure and bring hope for the recovery of China-US economic and trade relations and the global economy.