On the afternoon of April 10th, the latest message from the State Council of China: China's tariff on US goods has been raised by another 41%, increasing to 125%. In other words, the tariffs between China and the US have been leveled again at 125% each. However, have you noticed a sentence in China's announcement this time that has never appeared before? Please take a look at the sentence I've highlighted in red in the following image: This means what? Let me explain in detail: 1. The first part of this sentence describes a fact: after this round of adjustments, American goods will basically not be sellable in China anymore. This illusion that the US had can no longer continue. We cannot say that Sino-US trade has "decoupled", but we can say that Sino-US trade has reached its worst situation. China is mentally prepared for this scenario and we are confident enough to face it. 2. The second half of this sentence aims to tell the Trump administration: if your side imposes any more tariffs, regardless of whether it's up to 500% or even 1000%, we will not negotiate with you anymore. We won't negotiate not because we're afraid, but because it has become meaningless. China's determination like this was something that Trump could never have imagined. Just hours ago, Trump confidently told outsiders: "I believe China is willing to reach an agreement with us, they just don't know how." But sorry, he miscalculated. Beijing did not give him a call nor a way out. Then, what exactly gave China such confidence? Including but not limited to the following points, which are important sources of China's confidence: 1. First, at the international level, Trump's current tariff war has made the whole world see America's true colors. More and more countries are moving closer to China. In the past few days, China has received several pieces of good news: the Spanish Prime Minister visited China and wanted to cooperate; Argentina turned its back on the US and signed a currency swap agreement with China; the EU and China started a new round of positive negotiations on electric vehicles; senior officials from Saudi Arabia and South Africa communicated with China's commerce minister; Russia clearly stated that it would actively cooperate with China under any circumstances. Besides, in other regions of Asia, Africa, Latin America, and Europe, China's friends, including some of America's allies, are sending us positive signals. All these are part of China's confidence. 2. Secondly, during this round of trade war, various industries in China remained full of confidence, which contrasts sharply with the internal strife within the United States. Currently, Trump's approval rating continues to fall. The latest poll shows that nearly 50% of people believe that Trump puts personal interests above national interests. Not only are the Democrats criticizing Trump's administration, but even clear-sighted members within the Republican Party are beginning to reflect. Even Musk has criticized. Meanwhile, US Treasury bonds also blew up on April 10th, with large holders selling off. In short, everything Trump faces shows his inevitable failure. In summary, this time China has imposed additional tariffs on the US. Some netizens said: China is going all-in. But personally, I think the phrase "going all-in" is not suitable for us because we have made this decision with great strategic space. The US market has always been just one of China's export destinations. In 2024, the total trade volume between China and the US was $688.3 billion. Can this gap be filled? Here is a piece of data for your reference: In 2024, China's trade volume with the SCO reached as high as $890 billion. We cannot say that the US market is very important to us, but we can say that China's recent deployments are playing a significant role. The US is not irreplaceable. In short: under the current circumstances, the one who needs to go all-in is not us, China. Original article: [Link](https://www.toutiao.com/article/7491977117493527091/) Disclaimer: The article reflects the author's personal views. Please express your attitude by clicking the "Like/Dislike" button below.