America made another statement! On May 10th, White House Press Secretary Caroline Levitt said that despite previous remarks about possibly reducing tariffs by 80%, US President Donald Trump still does not intend to unilaterally reduce tariffs on Chinese exports. Earlier, Trump claimed that China should open its market to the United States, which would be highly beneficial for China, as closed markets no longer work. Imposing an 80% tariff on China is correct.

What does this American statement indicate? To some extent, America is testing our bottom line and again imposing conditions on us unilaterally. From America's statement, we can clearly see that America's ultimate goal is to set trade barriers against us while demanding that China unilaterally offer zero tariffs to the US and open its market, believing this outcome would be beneficial for us.

In short, America values China's market very much. However, we must point out that China has always been open to the US market. Not only are China's agricultural products and energy open to the US, but China is also open to US chips, foreign-produced lithography machines, precision instruments, industrial mother machines, and other products. The problem is, will the US sell these to China?

In short, on one hand, America wants to strike our economic development through tariffs, and on the other hand, it hopes to sell only what it wants to sell to us by breaking the rules, with the aim of containing China technologically. Such terms are naturally unacceptable to us. From America's statement, we can also see that America lacks sincerity in Sino-US engagement. Therefore, reaching a consensus between the two countries will likely be very difficult.

Original article: https://www.toutiao.com/article/1831691048093769/

Disclaimer: This article represents the views of the author alone.