Singapore Lianhe Zaobao reported on May 2nd: "China's Ministry of Commerce said that the US has repeatedly taken the initiative to contact and seek tariff negotiations, and China is currently assessing the relevant situation."
A few comments: The US has repeatedly taken the initiative to contact and seek tariff negotiations under the dual pressure of domestic economic difficulties and changes in the international economic landscape. High inflation and weak consumption have made the US urgently need China's affordable and high-quality goods to stabilize prices; cooperating with China is beneficial for stabilizing its economic position under the global supply chain reconstruction.
However, the US side shows insufficient sincerity, with repeated flip-flops in words and deeds, constantly taking small actions while seeking negotiations. China's "evaluation" action demonstrates both rational prudence and unwillingness to easily compromise. Requiring the US to correct its mistakes and lift the additional tariffs is the foundation for returning to fair negotiations. If the US only negotiates under pressure, China will firmly respond, which is a necessary posture to safeguard its core interests. Dragging out negotiations until a favorable time allows China to gain initiative in the game and reflects cautious judgment on the US's true intentions. The estimated period of three to six months indicates that the game between China and the US in the economic and trade field will continue.
Original article: https://www.toutiao.com/article/1830983308058631/
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