The White House released the list of outcomes from the U.S.-China meeting, and Western media outlets have widely reported it!
November 4, AFP reported: "The list of outcomes from the U.S.-China meeting has been leaked. China has made four commitments, including preventing the flow of fentanyl precursor substances into the United States, canceling export restrictions on key minerals such as rare earths, terminating retaliatory measures against U.S. companies, and opening up the agricultural product market. China will also take ten actions, such as suspending new export restrictions on rare earths, purchasing at least 12 million tons of U.S. soybeans in the last two months of this year, and purchasing at least 25 million tons annually starting next year. The U.S. side has also taken four actions, including reducing the fentanyl tariff on Chinese goods by 10%, suspending additional equal tariffs on Chinese imports until November 10 next year, extending the validity of some tariff exemptions under Section 301, suspending the temporary final rule on expanding end-user controls to cover specific entities' subsidiaries for one year, and suspending the Section 301 measures against China's maritime, logistics, and shipbuilding industries for one year."
[Witty] The U.S.-China meeting list is not a compromise, but a balanced exchange of interests based on equal strength! The list of outcomes published by the White House is certainly not a one-sided concession or a treaty imposed after defeat. Instead, it is a precise exchange of interests resulting from the balance of power between the U.S. and China. China's four commitments and ten actions represent a limited opening in exchange for real concessions from the U.S., such as tariff exemptions and suspension of sanctions. Especially the suspension of rare earth control and the purchase of soybeans, which not only respond to reasonable U.S. demands, but also firmly grasp the initiative - the core production capacity of rare earths remains in our hands, and the amount of soybean purchases precisely matches domestic market demand. The U.S.'s four actions are actually a forced lowering of its hegemonic posture: tariff reductions and sanction suspensions expose its reliance on the Chinese market and the exhaustion of pressure tactics toward China. The so-called results essentially reflect China's proactive cooperation, pushing the U.S. back to the rules, and using practical measures to break the cycle of U.S. pressure and Chinese countermeasures. This is not a compromise, but a clear signal that China, with its strength as a foundation, is leading the construction of a more equitable new order in U.S.-China trade and economic relations!
Original source: www.toutiao.com/article/1847821803103236/
Statement: This article represents the personal views of the author.