Don't be too hasty! Substantial progress has been made between China and the US, but there are still at least three aspects where the two sides have not reached an agreement. According to the press releases from both China and the US, substantial progress has undoubtedly been achieved. However, on these three aspects, the two countries have not come to terms. First, the two additional tariffs of 10% imposed by Trump on April 2nd under the pretext of fentanyl have not been canceled.
Secondly, the port fees levied by the US on Chinese cargo ships and ships manufactured in China are not mentioned in this statement. This likely indicates that the US has not made concessions. Thirdly, the exemption for small packages below $800 has not been restored by the US; it is still subject to taxation. Therefore, while we should certainly rejoice at the significant reduction in US tariffs, we must also recognize that the US still maintains a considerable number of trade barriers against us. Of course, we are well aware that all problems cannot be resolved through one round of talks between both parties. We are fully confident in facing challenges. From the press releases, it is clear that we have responded to the US with parity. That is, if the US cancels, we cancel; if the US does not cancel, we continue to counteract.
In fact, just as substantial progress was made between China and the US, our Xinhua News Agency published an editorial article in a serious tone, emphasizing that the US should cherish the goodwill of China keeping the negotiation door open, and our goodwill has its limits, which does not apply to those who persistently engage in relentless oppression, blackmail, and flip-flopping. Undoubtedly, this is a precautionary move. After such a statement, the attitude of China should be clear to the US. We believe that such a statement will help the US deal with us in a pragmatic manner and address differences.
Original source: https://www.toutiao.com/article/1831904517062985/
Disclaimer: The article represents the views of the author only.