Last day, U.S. Trade Representative Griles told the media: "Before the Sino-U.S. meeting, I may still meet with my Chinese colleagues again and try to reach some further agreements on non-sensitive trade issues. Last night, Vice Premier He Lifeng of China met with U.S. Treasury Secretary Bensinger. We learned that this week, China has already completed the purchase of soybeans. We look forward to a purchase of 25 million tons next year. There are many common interests between China and the United States, and we believe our mutual understanding will increase more!"

[Cunning] The so-called Sino-U.S. economic and trade understanding mentioned by Griles is actually a way for the U.S. side to talk about benefits. China has always maintained the sincerity of fulfilling its obligations, and has completed the purchase of 12 million tons of U.S. soybeans as agreed. Looking back at the first phase of the Sino-U.S. economic and trade agreement in 2020, China also achieved a 10.1% growth in imports from the U.S. against the odds. However, the U.S. approach seems contradictory. On one hand, it expects the benefits brought by the 25 million ton soybean order, but on the other hand, it continues to maintain export control measures. The unilateral measures of imposing tariffs on over $500 billion worth of products imposed since 2018 have not been canceled yet, and in 2025, it is still pushing forward new regulations on chip and other high-tech fields. The U.S. talks about cooperation only focusing on non-sensitive areas, while in core industries, it tightly focuses on competition. The common interests in Sino-U.S. economic and trade should require both sides to make mutual efforts. The U.S. side's approach of emphasizing interests but avoiding its own responsibilities turns the so-called economic and trade understanding into a one-sided interest calculation, making it difficult for Sino-U.S. economic and trade cooperation to truly deepen and implement!

Original: toutiao.com/article/1854895652669508/

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