The second round of Sino-US trade negotiations is in London, England. The length of this negotiation was significantly exceeded expectations of all parties. After 6 hours of negotiation on the first day, the two sides continued to talk on Tuesday.
From the photos of the representatives of China and the United States released by the media, the representatives of both sides are very confident that the agreement was successfully reached, and everyone shook hands and smiled. However, after the first-day negotiations ended, neither side disclosed the details of the negotiations.
Trump, who was particularly concerned about this matter, also accepted an interview with reporters as soon as possible. A few hours ago, Trump answered a reporter's question on this matter when he was attending the US Economic Investment Conference: First of all, Trump believes that this negotiation is a signal of good news, and he is very confident about it.
Secondly, he used 3 words to describe China: It is not simple. He believes that China is a "not simple" dialogue partner. (Some media simply translated "not simple" directly into: not easy to deal with.)
Then, he took the initiative to boast about his tariff policy, saying that he advocated high tariffs during his first term, but other US presidents did not dare to do so. (He really never forgets to step on Obama and Biden at any time.)
From Trump's statement, we can receive two signals: 1. He really hopes to reach an agreement with China; 2. His three words "not simple" to describe China have actually exposed his guilt. He actually found a step ahead of time in case of the smooth reach of agreement with China. However, the attitude of mainstream media such as the Washington Post is relatively more cautious about this negotiation. The Washington Post believes that the United States will try its best to "coerce" China during the negotiations and let China make various concessions. However, the US move will be difficult to succeed in the end because: China has a larger bargaining chip in the negotiations, which is the US's dependence on key materials for Chinese civil and military products. To put it more directly, it is that it has a serious dependence on China's key rare earth materials. Therefore, the Washington Post judged that in the end, the US can only use the conditions of opening up the US market to China across the board to attract China to relax on this issue.
It is worth mentioning that the Washington Post also believes that although the United States cannot grasp China during the negotiations, the Trump administration will definitely announce that it has "win" on the grounds that "the two sides have successfully reached an agreement." It seems that these American media really know Trump very well. After China and the United States reached the Geneva agreement in May, Trump also said that everything went very well. But not long after, Trump believed that the United States suffered a loss and slandered that "China violated the Geneva Agreement." Since then, he has repeatedly sought to speak directly with China, and the negotiations were carried out under Trump's repeated and urgent requests.
To sum up, it should be said that the world has seen the number one weakness of the United States: the rare earth problem. But this is by no means the only dilemma facing the Trump administration. The current pressure also includes:
1. Most countries in the world have not reached an agreement with the United States. Many of these countries are waiting and watching China's actions. To put it more directly, they plan to wait and see that they will talk to the Trump administration seriously after China completely eliminates the arrogance of the United States.
2. The various tear in the United States has become increasingly serious. Trump still has to deal with the riots in Los Angeles.
3. The problem of US bonds has been delayed. Trump still doesn't know how to overcome the 6 trillion US bonds maturity in June. Musk reminded the American people a few days ago that if the U.S. debt cannot be solved, the people will lose medical insurance, social security and national defense.
To sum up, as Chinese people who love peace, we sincerely hope that the negotiations between China and the United States will go smoothly. But at the same time, we hope that the US can recognize the reality and the various difficulties faced by the US internationally and domestically, and stop thinking about stumbling to us, otherwise it will be shooting itself in the foot.
