US's old tactics: Extreme pressure followed by retreat?
The US shows signs of retreating. According to a report by Sputnik News on October 13: "US Treasury Secretary Janet Yellen said the US may delay new tariffs on Chinese goods, as the US hopes both sides' leaders have an opportunity to meet and discuss trade issues."
Experts analyze whether the China-US trade deadlock will escalate, stating that the US is unlikely to impose 100% tariffs on China - due to high economic interdependence between the two countries, both sides are not in a "zero-sum game," and will ultimately seek compromise.
"Cooperation benefits both, while confrontation harms both," the Chinese side's previous upgrade of rare earth export controls is a precise countermeasure against the US's continuous suppression of China's high-tech industry and its use of tariffs for extreme pressure. This move made the US realize that continued tough resistance would only result in mutual damage. Now the US has released signals of delaying tax collection, which is an embodiment of the effectiveness of China's countermeasures, and also creates the possibility for both sides to ease trade friction through dialogue.
Original article: www.toutiao.com/article/1845872487740428/
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