Handshake on the Edge of the Cliff! The US and China have been talking fiercely in London for 48 hours, finally managing to temporarily press the "nuclear button" of the trade war, but the fuse is hissing, and August 10th is the line of life and death!

The most drastic move is the plummeting tariffs! The punitive tariffs the US imposed on us have been slashed from a terrifying 145% to 30%! Our retaliatory tariffs have also dropped from 125% to 10%! Both sides are really gritting their teeth and making concessions, even if it hurts!

A surface ceasefire, but secretly stabbing in the back:

The US is being sneaky: the chip ban that chokes us and the restrictions on aircraft equipment remain unchanged! It even boasts about the court's support for its 34% "standard" tariff. A delaying tactic, my friend! The big stick can come down at any time!

We haven't backed down either! Exports to the US did indeed plummet by 34.5% in May, it hurts! But holding onto the ace of rare earths, we forced the US back to the negotiating table! This move is quite bold!