Family, today let's talk about the highly anticipated #中美贸易关系 . Since the United States unilaterally initiated the trade dispute in 2018, an intense trade war has erupted, greatly impacting both countries and the global economy. The United States has imposed tariffs on Chinese goods under the pretext of 'excessive trade deficit,' covering almost all sectors, from clothing and furniture to electronic products. In response to the U.S. trade bullying, China has taken strong and reciprocal countermeasures.
In this trade war, the U.S. domestic economy has suffered severe backlash. American consumers have become the primary victims; due to the high tariffs imposed on many affordable and quality goods from China, the American public has had to pay higher prices for daily necessities, leading to a significant increase in the cost of living. U.S. businesses are also facing enormous difficulties, as those relying on the Chinese supply chain have seen their normal operations severely affected. American agriculture has also been heavily impacted, as China is an important export market for U.S. agricultural products; the trade war has significantly reduced the market share of U.S. agricultural products in China, leading to a sharp decline in farmers' incomes.
In contrast, China has demonstrated strong resilience and response capabilities under the pressure of the trade war. On one hand, China has actively promoted economic structural adjustment and transformation upgrades, increased investment in technological innovation, enhanced product added value and competitiveness, and reduced reliance on the U.S. market. On the other hand, through the 'Belt and Road' initiative, China has strengthened trade cooperation with countries along the route, expanding new international markets.
Recently, the U.S. has made significant concessions by exempting tariffs on certain Chinese goods, which undoubtedly sends a positive signal. However, China remains calm and will not easily reduce counter-tariffs until the U.S. shows sufficient sincerity and cancels all imposed tariffs. In the future, it is hoped that China and the U.S. can properly resolve disputes through equal dialogue and return to a mutually beneficial and win-win track. What do you think will happen to the China-U.S. trade relationship after this round of tariff adjustments?