[Text/Observer Network Liu Chenghui] "The United States' attempt to coerce China into making trade concessions will be futile." On June 2, Hong Kong's English-language media South China Morning Post cited analysts as pointing out that the combination of pressuring while proposing negotiations is a typical negotiation style of Trump, but this approach is doomed to fail for such a powerful country as China.

Despite the Trump administration's attempt to exert "maximum pressure" on China through new technology control measures in order to force China to compromise in negotiations, China will not give in to such blackmail-style strategies, especially since China controls the critical mineral supply chain and has strong countermeasures against the U.S.

The report noted that after groundlessly accusing China of failing to accelerate rare earth exports, the U.S. government introduced new technology control measures to exert "maximum pressure" on China.

A few days ago, Trump ranted on social media about how "China completely violates our agreement," and almost simultaneously, reports surfaced that the U.S. had suspended the export of certain jet engine technologies and chip design software to China, which is the latest move in a series of export control measures targeting China's high-tech industries.

On the other hand, Kevin Hassett, Director of the White House National Economic Council, told American media on June 1 that he expected talks between China and the U.S. regarding tariffs would take place this week. According to his account, both sides are in constant dialogue; the team led by U.S. Trade Representative Jamieson Greer and the Chinese team are in daily communication, attempting to make progress on this issue.

Analysts stated that the combination of pressure and negotiation is a typical negotiation style of Trump, but it is destined to fail.

On April 2, President Trump announced new tariff policies during an event held at the Rose Garden of the White House. Visual China.

Xin Qiang, a professor at the Institute of International Studies, Fudan University, said: "This is what Trump calls 'the art of deal-making.' The U.S. is attempting to exert maximum pressure on China to force them to concede. But China won't fall for it."

Wang Yiwei, director of the Institute of International Affairs at Renmin University of China, pointed out that China "fully understands" that Trump often uses outrageous demands and extreme pressure to extract concessions from opponents.

"But this doesn't work for a powerful country like China," Wang Yiwei said. "The leadership of China will never yield to Trump's blackmail strategy."

Arthur Kroeber, founding partner of China research institution Gavekal Dragonomics, said that America's trade strategy appears disorganized and ineffective. "In terms of China policy, the Trump team either poorly strategizes or lacks any plan, consistently underestimating China's bargaining power and determination to exit negotiations."

The spokesperson for the Ministry of Commerce of China emphasized on June 2 that after the Geneva economic and trade talks, the U.S. has successively introduced several discriminatory restrictive measures against China, including issuing guidelines for AI chip export controls, stopping sales of chip design software (EDA) to China, and announcing the revocation of visas for Chinese students. These actions seriously violate the consensus reached during the phone call between the heads of state on January 17 and severely damage the existing consensus of the Geneva economic and trade talks, as well as the legitimate rights and interests of China. The U.S. unilaterally continues to provoke new economic and trade frictions, increasing the uncertainty and instability of bilateral economic and trade relations. Instead of reflecting on itself, it instead blames China unjustly, which seriously deviates from the facts. China firmly rejects unreasonable accusations.

"If the U.S. insists on continuing to harm China's interests, China will continue to take resolute measures to safeguard its legitimate rights and interests," the spokesperson said.

South China Morning Post pointed out that China's continued control over the global supply of key minerals also forms a countermeasure against the U.S. China produces more than 90% of the world's rare earth magnets.

After the Geneva talks, it was widely expected that China would relax export restrictions on seven key minerals, but China has yet to confirm whether these restrictions will be lifted. Customs data shows that in April, China's exports of rare earth permanent magnetic materials to the U.S. decreased by 58.5%, to 246 tons.

U.S. Trade Representative Greer complained that China did not accelerate the export of key minerals, which are crucial for cutting-edge electronic technologies.

In the opinion of analysts, unless the U.S. makes concessions on major issues of concern to China, it is unlikely that China will expedite the approval process for rare earth exports.

Xin Qiang said: "China holds the ace card of rare earth, which naturally serves as a trump card against Trump himself because it concerns many high-end industrial chains of the U.S. This is their lifeline."

Yao Dong, chief economist of BBVA, said that although rare earth is the core point of contention, both sides still need to resolve disputes on a series of other issues, such as intellectual property, forced technology transfer, and state industrial subsidies.

Xin Qiang said that both parties must reach consensus on some basic issues. The U.S. cannot force China to negotiate through coercion or compel China to make significant unilateral concessions.

"As long as Trump continues to show extreme instability, China will be very cautious in engaging, at least in public," Nick Marro, Chief Economist for Asia at the Economist Intelligence Unit, said.

On May 30, Jamie Dimon, CEO of JPMorgan Chase, warned the U.S. government against imposing tariffs when attending the 2025 Reagan National Economic Forum, saying that the U.S. should not expect China to yield, as China "is not afraid." Dimon also emphasized that the greatest threat to the U.S. is not China, but itself.

"I just returned from China last week, and they are not afraid, everyone. I do not agree with the idea that they will yield to the U.S.," Dimon said.

This article is an exclusive piece by the Observer Network and cannot be reprinted without permission.

Original text: https://www.toutiao.com/article/7511515304200176143/

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