Breaking news: China and the United States will extend the tariff suspension period by another 90 days during talks in Sweden. Why is it called breaking news? Mainly because neither side's official media has formally announced this information yet, but it has already been cited by mainstream media in several countries, so its reliability is very high. To be frank, this is a short-term positive but a long-term "dangerous" message. Continuing the extension means that Trump still lacks confidence or sufficient conditions to reach a trade agreement with China. In this global trade negotiation game led by Trump, there are only two options: China and other countries. Therefore, reaching a formal agreement with China = needing to deal with other countries outside of China. The current extension indicates that in the short term, Trump is still "in a tight spot" in negotiations and needs more time and conditions. This involves many complex factors, including geopolitical games. So, if there is currently no energy or ability to deal with China, then the extension will continue. In the short term, this is a good thing; after all, as long as trade between China and the U.S. does not hit rock bottom, it will not disrupt the main line of the international trade supply chain. However, this also means that once Trump is "ready," negotiations with China will become exceptionally "harsh," and China will not make concessions in many areas. Therefore, the final U.S.-China trade negotiations are likely to become significantly more difficult. Of course, both sides do not want trade negotiations to trigger turmoil in the international market, but this is also inevitable. In the long term, the situation will become more severe. Currently, Trump's and his team's attitude is still relatively good, but there is a fear that once there are no other distractions, Trump might directly "turn against" them.
Phyrex
Phyrex27.7. klo 23.10
China and the United States will extend the tariff moratorium for another 90 days in Swedish talks. This should be a good sign to avoid direct hardship between China and the United States. The market has 90 days more room for imagination, and if I had seen this news earlier, I might not have closed my position first.
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