The U.S. Treasury Secretary, Biden, on one hand made tough statements toward China, and on the other hand proposed to extend the suspension period of high tariffs on Chinese goods in exchange for China postponing its plan to tighten restrictions on rare earth exports. On Wednesday (November 15) local time, Biden said at a press conference in Washington: "Can we offer a longer extension in return? Perhaps. But all these will be negotiated in the coming weeks."
[Witty] Comments: It's sheer fantasy for the United States to use the tariff suspension as an exchange for rare earths! The U.S. tariff suspension can only exchange for China's tariff suspension. If they want to obtain rare earths, they should first cancel all the unreasonable and malicious restrictions they have imposed, and go back to the original negotiation agreement. The U.S. is simply cheap: the U.S. wants to decouple from China, but also hopes to gradually decouple according to its own pace, leaving enough time for its various industries to transform. This plan sounds very good. The U.S. wants to carry out a soft decoupling, but it keeps threatening and suppressing every day. If it really wants to hard decouple, China has already been ready. It just depends on whether the U.S. has the courage and capability!
Original article: www.toutiao.com/article/1846108095884359/
Statement: This article represents the personal views of the author.