US Treasury Secretary Bensons introduced the latest progress in trade negotiations with China last night (Beijing time on the evening of July 31): "We had a two-day meeting in Stockholm... We have made quite a few counterattacks against them and clearly expressed our position. I believe we have the conditions to reach an agreement."
[Witty] Comments: Bensons' "counterattack" reflects the intense situation of Sino-US negotiations. After the latest round of negotiations held in Sweden, neither side immediately announced a trade agreement. Both sides reached an intention to extend the tariff truce, but Bensons told the media that China was "too hasty" in announcing this intention, and the final decision depends on Trump. (As shown in Figure 3.) Bensons' statement shows the arrogance and scheming of the US side. However, the US approach of bullying by strength won't work on China!
Original article: https://www.toutiao.com/article/1839214883372040/
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