China-U.S. Tariff Negotiations Break the Ice, Global Market Shows Glimmers of Hope
After ten hours of closed-door discussions in Geneva, the Chinese and U.S. delegations shook hands in agreement. This decade-long trade battle finally shows signs of thawing.
At the negotiating table, the Chinese side firmly upheld its bottom line: the cancellation of all new tariffs is non-negotiable, and political coercion is absolutely unacceptable. In response to U.S. pressure to link the fentanyl issue with tariffs, China directly revealed its rare earth strategic resources card, forcing the White House to readjust its strategy.
The U.S. initially proposed a tiered tax reduction plan with a 145% tariff, while China used WTO rules as a shield, exposing the "reciprocal tariff" lie with data: 37% of the surplus China had with the U.S. over the past five years was actually profits returned by U.S. companies operating in China. When the U.S. suddenly adjusted the tariff reduction from 80% to 34%, the Chinese side demonstrated strategic resolve, only responding the next morning, ultimately leading to the establishment of a normalized consultation mechanism co-hosted by He Lifeng and Bessenet.
This marathon negotiation is full of strategic games: from fierce clashes on the first day to mediation amidst the aroma of coffee on the second day, from Trump's strong statements on social media to the cautious wording of the joint statement reflecting "substantial progress," every detail highlights the power struggle between great nations. Although specific terms have not yet been disclosed, the U.S. Treasury Secretary's statement of "productive" discussions has led the market to anticipate that tariffs may drop below 50%.
As negotiations continue, the fundamentals of the global market have quietly been reshaped. As the clouds of the trade war begin to dissipate, the curtain on a capital frenzy may be quietly rising—within the chessboard of globalization, interests always outlast positions. This journey of breaking the ice is injecting crucial confidence into the turbulent global economy.
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment + follow, and let’s navigate the bull market together to grasp this major opportunity!
