Family, big news! The negotiations between China and the United States this time were surprisingly smooth, truly the biggest surprise since the beginning of the year!

It's important to note that ever since Trump took office, there have been constant frictions between both sides, and this is the first time they sat down face to face to talk. The location was chosen in Geneva, where they held closed-door discussions for a full two days, totaling over 10 hours. In that conversation, they actually produced quite a lot of substantial outcomes!

The Chinese side was quite assertive at the negotiating table: the newly added tariffs must be lifted, and don’t think you can use fentanyl as a bargaining chip to haggle; rare earths are our strategic resources, and we will not allow the U.S. to make arbitrary commands; as for technology, exchange rates, and subsidies, these are all China's internal affairs, and we firmly reject the U.S. unilateralism. Moreover, we are steadfastly following the WTO route and will not be subject to their hegemonic rules of 'I call the shots'.