The decoupling between China and the United States is already on the agenda. The Biden administration's chip sanctions have already begun the decoupling process. This round of tariffs initiated by Trump will definitely accelerate decoupling. If an agreement is reached today, it would merely be a temporary reprieve. In the coming years, decoupling between China and the United States is inevitable. The situation determines the outcome; for now, we will not allow the U.S. to manipulate us at will, nor can they do so freely. They are compelled to sit down and negotiate with us, and we can still reach an agreement. It would have been impossible to negotiate at this speed during Trump's first term. This precisely indicates that we are no longer under U.S. control, which clearly signifies decoupling.

China-U.S. Rivalry: Can't Reach an Agreement? Impossible!
Core Logic:
Trump's dramatic performance: Adding numbers, shouting decoupling, all for the voters' show. The East University is fully aware, quietly watching the show, negotiating terms is the real deal.

Neither China nor the U.S. can afford to lose each other: The U.S. doesn't want its citizens to be 'on the sewing machine', and China certainly doesn't want to lose its biggest customer. Decoupling? Just a shout, doing it for real would be foolish!

The confidence of East University: It's not that they don't care about private enterprises, but rather precise control. The resilience of the people is strong, they are hardworking, and the government is more aware than anyone of the cost of falling back into poverty. Just look at Russia and North Korea; East University will definitely not go down that path!

Market Signals:
The divergence in U.S. stocks is intensifying (retail vs. institutions), SPX wedge is narrowing, the risk of a pullback is high, but AI + smart driving is still an opportunity!

No news from the China-U.S. talks, next week may see huge fluctuations, but in the long run, consensus will inevitably be reached.

Prediction of the Outcome:
The two old men shake hands and make peace, media sentiment shifts, the public applauds, the leaders bask in glory.

This 'artificial crisis'? Missing out would mean a loss! A pullback is a buying opportunity; don't sleep on AI and smart driving sectors!

Summary: Don't be blinded by appearances; the China-U.S. rivalry is a grand play, and the ending has already been spoiled: win-win cooperation!