#美国加征关税 The US and China engaged in intense negotiations in London for 48 hours, temporarily pressing the nuclear button on the trade war, but the fuse is still burning, and August 10th is the line between life and death!

Temporary pain relief:

The US eased its grip on rare earths.

China also loosened some restrictions, allowing Shenzhen rare earth companies to resume exports.

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

BUT! A ticking time bomb hangs overhead:

August 10th is the deadline! If an agreement isn't reached beforehand, all reduced tariffs could suddenly snap back up, or even worsen! This isn't an agreement; it's a delayed explosion!

A superficial ceasefire, a hidden knife:

The US is being sneaky: The ban on chips and aircraft equipment remains unchanged, while boasting about the court's support for its 34% "standard" tariff. I see this as a stalling tactic, with the big stick ready to come down at any moment!

China isn't backing down either: Exports to the US plummeted 34.5% in May, setting a record, proving 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 move is strong enough!