#美国加征关税

The US and China have engaged in a deadly negotiation in London for 48 hours, temporarily pressing the nuclear button on the trade war, but the fuse is still burning, and August 10 is the deadline!

Temporary painkiller:

The US has loosened its grip on rare earth elements.

China has also eased restrictions, allowing Shenzhen rare earth companies to resume exports.

The most drastic move is the plummeting tariffs! The punitive tariffs imposed by the US on China have been cut from 145% to 30%, while China's tariffs on the US have dropped from 125% to 10%. This is definitely a significant concession from both sides!

BUT! A ticking time bomb hangs overhead:

August 10 is the final deadline! If no agreement is reached before then, all the reduced tariffs will “boom” back up, and even more harshly! This is not an agreement; it's simply a delayed explosion!

A superficial ceasefire, but a knife in the dark:

The US is being cunning: the bans on chips and aircraft equipment against China remain unchanged, and they boast about the court supporting their 34% “standard” tariff. I see it as a delaying tactic, ready to strike at any moment!

China is not backing down either: Exports to the US plummeted by 34.5% in May, setting a record, and the trade war is indeed painful. But we have the rare earth trump card, forcing the US to come back to the negotiating table; this card is strong enough!