张谋谋

I just came across some big news and couldn't help but share it with everyone! After two days of marathon negotiations in Switzerland between the United States and China, they finally announced on Monday that they have reached an agreement to temporarily cease hostilities and reduce tariffs on most goods from each other! According to reports from The Wall Street Journal, the U.S. will significantly lower the 'reciprocal' tariffs on Chinese goods from the previous level of up to 145% to 30%, with the equivalent tariffs dropping to 10%, although the 20% tariff related to fentanyl issues will still remain. Meanwhile, China will also take simultaneous action by reducing tariffs on U.S. goods from 125% to 10%. It seems that both sides have agreed to reduce tariffs on some core disputed products to a level of 30%, effectively pausing this trade war.
More importantly, the two countries also announced the establishment of a new mechanism and platform specifically to continue discussions on economic and trade relations. Does this mean there will be more cooperation in the future? After all, the trade war has been going on for several years, affecting the global economy, and it’s not easy to ease tensions now. However, the U.S. maintains a tough stance on fentanyl-related issues, and some specific measures have not been lifted, indicating that core issues have not been completely resolved.
Do you think this negotiation counts as a breakthrough? How will U.S.-China relations proceed next? Will it continue to escalate, or can more cooperation be found? Feel free to leave comments and share your thoughts~ #中美关税战

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