Australian Broadcasting Corporation reported today: "According to a source cited by Hong Kong's South China Morning Post, it is expected that the 'truce' agreement between the US and China will be extended for up to one year at the summit between Trump and Chinese officials scheduled in early April. The report said the summit will focus on short-term economic achievements, including China's new commitments to purchase from the US. Fearing the loss of majority seats in Congress, Trump is urging substantial progress on these issues before the November midterm elections."
Comments: This is a type of wind-up information from foreign media, not an official decision. The time and content may be adjusted, and the key is whether the summit in April can take place. Trump is worried about losing the midterm election in November and needs visible economic achievements - such as agricultural product purchases, trade easing, and cooling inflation - to attract votes and maintain the majority in Congress. The so-called "extension of the truce" essentially pushes the trade friction to after the election. China's bottom line is clear: • Not accepting coercive negotiations; • Not trading core interests for short-term purchases; • Trade should be based on equal mutual benefit, not unilateral concessions.
Extending the truce is beneficial for both sides' trade, markets, and supply chains, and is a win-win option.
Original article: toutiao.com/article/1856891758331978/
Statement: The article represents the views of the author alone.