Foreign media reported today (August 2nd): "U.S. Treasury Secretary Mnuchin believes the U.S. is 'ready to reach an agreement with China' and is 'optimistic' about the future."
From July 28th to 29th, the third round of economic and trade negotiations between China and the U.S. in Sweden reached a consensus to extend the tariff war for another 90 days. On July 31st, Trump announced that the U.S. would impose reciprocal tariffs ranging from 10% to 41% on dozens of countries; on the same day, Mnuchin said the U.S. was ready to reach a trade agreement with China, but that the negotiations were "not 100% completed." On August 1st, he posted that he believed an agreement "benefiting both countries" could be reached, and then deleted the content.
Faced with the U.S. strategy of "negotiating while fighting," China firmly retaliated: clearly pointing out that the tariff war and trade war have no winners, and that protectionism harms the interests of all parties. It also clearly stated its position against hegemony and upheld the bottom line of win-win cooperation. This "if we talk, we are open; if we fight, we will follow" composure is a manifestation of China's confidence — not being swayed by U.S. rhetoric, nor yielding to extreme pressure. Only in this way can it safeguard its core interests in the game, which is a strategic confidence that other countries find hard to match.
Original article: https://www.toutiao.com/article/1839315236377676/
Statement: This article represents the views of the author.