China and the US battle it out in London for 48 hours, temporarily pressing the pause button on the trade war, but the fuse is burning until August 10! If talks collapse, it will explode!
Temporary Pain Relief:
US Side: Loosened its grip on rare earths.
China Side: Allowed some rare earth exports to resume from Shenzhen.
Tariffs plunge! US punitive tariffs on China drop from 145% to 30%, and China’s tariffs on the US drop from 125% to 10%.
BUT! A Bomb Overhead:
August 10 is the line of life and death! If no agreement is reached? All reduced tariffs will “boom” back up, possibly even harsher! It’s merely a delay before an explosion!
Surface ceasefire, covert knife stabbing:
The US’s underhanded tactics haven’t stopped: chip and aircraft equipment bans remain! They also boast about the 34% “standard” tariffs supported by the courts. A stalling tactic! The big stick could drop at any moment!
China hasn’t backed down: Exports to the US plummeted 34.5% in May, but the rare earth trump card pressures the US to come back to the negotiating table, quite tough!
Global Panic:
The World Bank has overnight slashed next year’s global growth forecast to a grim 2.3%!
ECB President Lagarde urgently warns: Another hit could put the global economy in ICU!
Countries like the EU, Japan, and Mexico are begging the US to stop! The market is genuinely anxious!
Experts’ bold claims: “Syria-style ceasefire” — as fragile as paper! Deep-seated contradictions remain unresolved, all depending on the leaders' moods; it can flip at any moment! This “peace” is too fake!
Market Split:
Rare earth stocks surge wildly, related companies in Shenzhen rake in profits.
The dollar bizarrely falls, the market is insecure.
US companies shout “good for probation” while secretly stockpiling goods to guard against an August explosion!
Jixin’s daily share, the back team only serves ambitious madmen, directly feeding you the 10x coin password into your mouth.
Intra-day focus: UNI ETH HOME A
