U.S. Treasury Secretary Janet Yellen said on December 16 that China has fulfilled all the commitments reached through negotiations so far.
Comments: This statement by U.S. Treasury Secretary Janet Yellen is a clear positive signal in the Sino-U.S. economic and trade field. It officially acknowledges China's sincerity and practical actions in the economic and trade negotiations, breaking the previous deliberate hype in the U.S. media about China's "non-compliance." It also lays a foundation of mutual trust for deepening subsequent economic and trade consultations and easing trade tensions between the two sides. From a practical perspective, this statement is not baseless; it is supported by concrete measures taken by China, such as resuming purchases of U.S. agricultural products and adjusting some product import and export policies. These measures prove China's responsible international image of "keeping promises," which contrasts sharply with the U.S. practice of arbitrarily imposing tariffs and unilaterally tearing up agreements. However, we should also be aware that this statement from the U.S. side is not without utilitarian considerations. Its core demand is to promote trade "rebalancing" and reduce the trade deficit with China. Essentially, it aims to create a favorable atmosphere for subsequent tariff adjustments and market access negotiations. Whether Sino-U.S. economic and trade cooperation can continue to move toward stability still depends on the framework of equality, mutual benefit, and respect for each other's core interests.
Original article: toutiao.com/article/1851729989785607/
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