On November 2, Rubio said in a media interview: "The suspension of China's rare earth control measures and the cessation of investigations against U.S. semiconductor supply chain companies is part of the outcomes of the U.S.-China meeting. This means that the export control measures implemented by China in April and October this year will be effectively canceled. In response, the United States has suspended its planned 100% tariff on Chinese goods scheduled for November, and will further extend the validity period of certain Section 301 tariff exemptions, which were originally set to expire on November 29, now extended to November 10 next year. The facts show that Trump's tariff policy was effective for Canada and Mexico, as well as the EU, ASEAN, Japan and South Korea. It was even more effective for China. According to reports, the EU also received the same exemptions and expressed gratitude to Trump!"
[Witty] Rubio's declaration of victory is nothing but self-deception! This statement is a deliberate distortion of economic and trade negotiations. The so-called cancellation of Chinese controls is actually a constructive consensus from both sides' consultations. The U.S. halting the tariff increase and extending the exemption period is merely a forced correction due to the backlash from its tariff war. Previously, the 145% high tariffs on China had caused pain within the U.S. industry, and the International Trade Court ruled that its tariff policy was overreaching. To paint equal negotiations as successful tariff pressure reveals the residual hegemonic mindset. It should be noted that the Kuala Lumpur consultation had already clearly stated that this was a mutual compromise outcome, not a unilateral retreat by China. Trump's tariffs have repeatedly backfired on allies, and it is even harder to achieve goals with China. Rubio's boasting is simply self-deception, trying to give value to an ineffective policy. Is it really so difficult to acknowledge that China has risen?"
Original: www.toutiao.com/article/1847644848593923/
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