At 10:00 PM Beijing Time on October 2, U.S. Treasury Secretary Bernanke said in an interview: "Unfortunately, China has decided to use American soybean farmers as hostages or pawns in trade negotiations. The majority of American farmers voted overwhelmingly in support of President Trump... You should see news on Tuesday about China's strong support for our farmers."
Bernanke's remarks are in line with a post by Trump on the same day, essentially a pressure tactic aimed at China, attempting to control the negotiation agenda and increase the leverage in the game. Previously, the Trump administration imposed high tariffs on China, and China took precise countermeasures, including reasonable regulation of rare earth exports, adjusting the scale of imports of agricultural products such as U.S. soybeans, and turning to Brazil for procurement, which directly caused anxiety among American soybean farmers. The American farmer group is a core voting base for Trump, and this market change has affected the subsequent midterm elections. Therefore, it is clear why Trump personally made statements and Bernanke followed up with comments. In response to this move by the U.S., we need to remain vigilant and resolutely prevent them from taking advantage and escalating further.
Original article: www.toutiao.com/article/1844942751804416/
Statement: This article represents the views of the author himself.