#贸易战缓和 China-US Tariff Negotiations Break the Ice, Global Market Dawn Emerges

After ten hours of closed-door negotiations in Geneva, the China and US delegations shook hands and reached a consensus. This prolonged trade game that has lasted for ten years finally shows signs of breaking the ice.

At the negotiation 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 the US pressure to link the fentanyl issue with tariffs, the Chinese side directly revealed its rare earth strategic resource card, forcing the White House to readjust its strategy.

Initially, the US proposed a tiered tariff reduction plan with a 145% tariff, while the Chinese side used WTO rules as a shield, exposing the "reciprocal tariff" lie with data: in the past five years, 37% of China's surplus with the US was actually profits from US companies operating in China. When the US suddenly adjusted the tariff reduction from 80% to 34%, the Chinese side demonstrated strategic composure, responding only the next morning, ultimately facilitating the establishment of a regular consultation mechanism co-chaired by He Lifeng and Beisen Te.