Turkey has once again addressed us, and the trade truce between China and the United States expires on August 12. It is clear that Trump realizes that applying the same tough stance towards India onto China won't work! On August 12, according to Voice of America, U.S. media reported that the trade truce between the United States and China expires on August 12. If a trade agreement is not reached before this deadline, the United States will again impose significant tariffs on Chinese imports. In response, President Trump said, "We'll see what happens!"

As you may have heard, we have been dealing well with China. They have paid huge tariffs to the United States. We'll see what happens! They have handled it quite well, and the relationship between China and myself is very good. Obviously, as the temporary tariff deadline approaches, Trump's message to us is clearly not as tough as before, other than expressing hope that we buy more American soybeans.

What does Trump's statement indicate? It indicates that even though the tariff negotiations between China and the United States have not yet reached an agreement, Trump has realized that applying the same tactics used against India onto China simply won't work. More importantly, Trump may also realize that if the truce is not extended, not only would there be problems with the supply of U.S. goods, but more importantly, high tariffs would further reduce Sino-U.S. trade, leading to a decrease in the total amount of tariffs collected by the United States.

The United States has imposed taxes on India for purchasing Russian energy, but has taken no action against us, which actually shows that the United States knows we are not easy to deal with, and we have our own cards to play. Therefore, the most likely scenario is that the current tariff levels between China and the United States will remain unchanged, and negotiations will continue. In fact, from our public expression of security concerns about NVIDIA's H20 chips, it can be seen that our dependence on the United States is gradually decreasing. For the U.S. to achieve a final result in the Sino-U.S. trade negotiations, it undoubtedly needs to offer more sincere conditions.

Original: www.toutiao.com/article/1840204747816139/

Statement: This article represents the views of the author.