Handshakes on the Edge of the Cliff! The U.S. and China have been negotiating fiercely in London for 48 hours, finally managing to temporarily press the "nuclear button" of the trade war, but the fuse is hissing; August 10 is the line between life and death!

The most drastic change is the plummeting tariffs! The punitive tariffs imposed by the U.S. on us were terrifyingly high at 145%, but have been slashed down to 30%! Our retaliatory tariffs have also dropped from 125% to 10%! Both sides are indeed grudgingly making significant concessions, it hurts but must be done!

Surface truce, secret stabbing:

The U.S. is still holding firm: the chip ban that chokes us and the restrictions on aircraft equipment remain unchanged! They are smug about the court supporting their 34% "standard" tariff. It's a delaying tactic, my friend! The big stick can come down at any time!

We are not backing down either! In May, our exports to the U.S. indeed plummeted by 34.5%, it hurts! But we are holding onto the ace of rare earths, forcing the U.S. back to the negotiating table! This move is quite strong!

The world is scared:

The World Bank has overnight revised down its global growth forecast, it's grim!

The President of the European Central Bank is urgently shouting: if this continues, the global economy will go straight into ICU!