$BTC The US and China reached a "trade pain relief" agreement after urgent consultations in London:

✅ US concessions: Easing some rare earth controls

✅ China's countermeasures: Immediately restart rare earth exports from Shenzhen (companies like Kinglithium quickly obtained export permits)

⚠️ Tariff cliff postponed:

• US tariffs on China reduced from 145% to 30%

• China's tariffs on the US reduced from 125% to 10%

Ultimate countdown initiated: If no breakthrough is achieved by August 10, original tariffs will automatically resume!

▌The covert war continues, with dangers lurking

US underhanded tactics:

• Chip and aircraft equipment bans remain unchanged

• The White House claims "34% reciprocal tariffs endorsed by the court" (Trump hinted at activating the "trade cannon" at any time)