U.S. Treasury Secretary Bessent said in an article on May 18: "Our goal is not to decouple from China, but to open markets and restore balance. We will continue to trade with China, especially in non-strategic commodities, and at a lower tariff level. At the same time, we are committed to repatriating key industries such as medicine, semiconductors, and steel to protect America's national security interests."
Comment: The U.S. attitude of wanting cooperation while trying to contain China is essentially a strategy for maintaining its own hegemony and economic interests under the current international economic landscape. However, this "double-dealing" approach will bring unstable factors to Sino-U.S. economic and trade relations. The sincerity of cooperation will be questioned, and the containment of key industries will trigger countermeasures from China, which is detrimental to the stability of the global industrial chain and supply chain as well as the stability of Sino-U.S. relations.
Original Source: https://www.toutiao.com/article/1832501954707463/
Disclaimer: This article only represents the author's personal opinions.