Oh, this drop is really too harsh! Clearly, the China-U.S. negotiations seem to be going quite smoothly!

I specifically searched for news,

The BBC said that Trump described the talks as "amazing" and mentioned that both sides reached a consensus on important trade issues. It also mentioned that we have suspended rare earth regulation. Trump also said he has already allowed us to start buying large quantities of soybeans and other agricultural products. The U.S. will cancel a portion of the previously imposed tariffs, but there is still over 40% tariff rate (previously more than 50%). He also said he might come to China in April next year.

Then I checked our Foreign Ministry's website, which stated that the overall China-U.S. relationship is still relatively stable. We are set to host the APEC summit in 2026, while the U.S. will host the G20 summit next year, and both sides can support each other.

It feels like although we are not completely on good terms yet, at least the situation has eased quite a bit from the previously tense state.

That's basically the idea, and the specific agreement will likely need relevant departments to finalize the details and sign.