According to a report by the US Wall Street Journal, China intended to negotiate with the United States, but after the US imposed additional tariffs, this hope was shattered, leading to feelings of disappointment and anger, and preparing for another trade war.
The communication between China and the United States is at a standstill, increasing the risk of a prolonged cycle of tariff retaliation.
China has imposed a 34% tariff on all imports originating from the United States.
The United States is facing retaliatory actions that will make it difficult for negotiations between China and the United States to begin in the near future.
The latest measures taken by the United States to impose tariffs have exceeded market and government expectations. A think tank in China wrote that China's exports to the United States would be reduced by more than half.
Original article: https://www.toutiao.com/article/1828669010940035/
Disclaimer: This article solely represents the author's personal views.