The most hardcore negotiation of 2023 kicks off in London! The US and China delegations face off on June 9, focusing on three core issues:
1️⃣ Tariff Brawl
The US wants to cut subsidies for Chinese electric vehicles, while China retaliates by tightening rare earth exports. Tesla's stock plummets by 14%, and US automakers lament, "Without rare earth magnets, factories will have to shut down!"
2️⃣ Technology Strangulation
The US is adamant about chip restrictions, while China scoffs: "Your California rare earth mines still need to be transported to China for refinement!" Both sides exchange tough words, but quietly have issued temporary export permits.
3️⃣ The UK Scoops Up
London emerges as the biggest winner! Seizing the opportunity to promote the "post-Brexit trade agreement," it simultaneously courts the US and aggressively attracts Chinese orders.