The China-US negotiation may end earlier! On June 11th, according to the report of Russia's Sputnik News Agency, after the second day of negotiation between both sides, the US suddenly released two unusual messages. One was that the main figure of the US negotiation team - Treasury Secretary Bessette returned to the United States. The other was that Commerce Secretary Lutnick came out and said that he hoped the negotiation with China would end on Tuesday.
However, Lutnick also indicated that negotiations might continue on Wednesday. We are studying and handling various trade issues, and the negotiation is going very well. Obviously, combining these two messages, it can be seen that the China-US negotiation has actually entered a phase of temporary suspension, and there is a possibility that the negotiation will end earlier. At present, both sides have confirmed that they have reached a trade framework, but need to report to their respective highest leaders.
Therefore, a reasonable guess is that the negotiation consensus already reached by China and the US needs the final approval from the highest leader. Bessette returning to the United States may be due to important domestic issues that need to be handled, and Bessette needs to explain and clarify to the members of Congress, but the greater possibility is that Bessette needs to present the details of the negotiation and the specific concessions both parties can make face-to-face to Trump, so that Trump can make the final decision.
Currently, neither side's representative has left the UK. However, up to now, the trade framework reached by both sides should only be verbal and has not been confirmed in black and white. Therefore, whether there are concrete results that can be implemented depends on whether both sides can sign an agreement and issue relevant statements in the end. We believe that the US side will soon have further actions.
Source: https://www.toutiao.com/article/1834596185178123/
Disclaimer: This article only represents the author's personal views.