China And The United States Agreed Not To Impose New Tariffs And Released Three Clear Signals!


On December 1, there is no doubt that history will remember this day.

On this day, in the Argentine capital of Buenos Aires, the heads of state of China and the United States held a historic dinner meeting.

According to Wang Yi, State Councilor and Minister of Foreign Affairs, the meeting was friendly and frank, and lasted for two and a half hours, far exceeding the scheduled time. The two sides reached a consensus and stopped adding new tariffs. The White House press spokesperson later commented that the dinner was a "very successful meeting."

The most critical one is the following two paragraphs in the Xinhua News Agency:

The two sides decided to stop the trade restrictions such as upgrading tariffs, including not raising the existing tariff rate for each other, and not introducing new tariff-adding measures for other commodities.

The two heads of state instructed the economic and trade teams of the two sides to intensify consultations and reach an agreement to cancel the tariffs imposed this year and push bilateral economic and trade relations back to normal track as soon as possible to achieve a win-win situation.

At the same time, in accordance with the statement issued by the US, the meaning is also very clear:

1. The Sino-US trade war will no longer be upgraded, and the two sides will no longer impose new tariffs;

2. The tariffs imposed by the US on the 200 billion US dollars of Chinese goods were still maintained at 10% after January 1, instead of the 25% previously announced;

3. The two sides will step up consultations. Once the negotiations reach an agreement, all tariffs imposed this year may be cancelled.

Undoubtedly, this is a very positive and significant progress, although there are still no new twists and turns.

Throughout the half year of the outbreak of the trade war, it was really a climax, a thrilling, dramatic drama than the drama, and a roller coaster ride more than a roller coaster. For the negotiating team of both sides, the biggest test may not be the time difference and strategy, but must have a good heart.

The Sino-US trade war has entered a new phase, and in the view of bullpiano, at least three clear heavy signals have been released.


Signal 1. The determination and position of China to defend its core interests are consistent and rock solid.

Counting this unprecedented trade game, from spring to winter, it has been half a year since.

In this struggle that must be recorded in the annals of history, a prominent highlight is that China’s determination and stance of firmly defending its core interests are consistent and rock-solid. Even if it is facing the United States, as long as we violate the bottom line, we must counterattack. And it is a powerful counterattack.

You know, Trump has repeatedly declared that the trade war is very simple and the United States will definitely win. Pressure by extreme means has always been Trump's masterpiece, and his self-proclaimed "art of trading."

He thought that as long as the $50 billion tariff card is issued, China will definitely be soft; if 50 billion will not work, then it will add another 200 billion US dollars; if not, then continue to increase.

However, China is not a other country. After every US imposed a tariff, it is a counter-attack against the Chinese policy. The results of the negotiations reached earlier were also sorry, and in the end they all "had a blow." So that the US soybeans can only be stacked in American warehouses.

In the White Paper on "Facts on Sino-US Trade Frictions and China's Position" published on September 24, the Chinese side clearly stated that China firmly upholds national dignity and core interests. For trade wars, China is unwilling to fight, not afraid to fight, and must not Do not hit.

In a word: talk, the door is open; fight, to accompany the end. Never expect China to swallow the bitter fruit that harms its own interests.

Of course, the Chinese side is also very clear that there is no winner in the trade war, and China will pay a huge price for it, but this is for the longer-term national interests and for the world free trade order.

In fact, the escalating trade war has also cast a shadow over the US economy and the stock market. The US side has a very strong attitude, but it is also facing heavy pressure and hopes to reach an agreement as soon as possible.

This has only taken a step back on both sides on December 1, and China and the United States reached an important consensus, and trade frictions have entered a new stage.


Signal 2, the head of state diplomacy, played an invaluable role in Sino-US relations.

At some key points in history, key people always play a decisive role in playing a pivotal role or even rewriting history.

The New York Times commented that this time in Argentina, apart from the first meeting of the US dollar, China and the United States did not arrange any other formal meetings. This shows that the personal feelings and games of the two top leaders have been largely dominated. The relationship between the two countries.

This is a major and far-reaching change in Sino-US diplomacy.

If we counted from March 22, during the entire Sino-US trade friction period, according to reports from the media, the top leaders of China and the United States had two calls in common, and during the G20, another formal meeting was held in Argentina.

Every contact is at the key node; every key node's shots have played a role in turning the tide, avoiding the complete derailment of Sino-US economic and trade negotiations, and also pointing out a new direction for the two sides of the stalemate.

This may be why the economic and trade teams of the two sides did not hold talks in Washington or Beijing this time, but the important reason for coming directly to Argentina.

Of course, leaders are more determined by principles and directions. Specific consultations also require the implementation of the negotiating team. China’s firm defense of its core interests is beyond doubt, but it has also taken very flexible measures on specific measures.

The source revealed to Bullpiano that the Chinese side was divided into 142 small items for the 53 so-called "structural problems" proposed by the United States. According to the Chinese system, laws and regulations, and deepening reform and opening up, the division was roughly classified as The opposite direction, the negotiable class, and the unacceptable three categories.

The unrealistic demands of the United States must be returned without hesitation; but there are some legitimate concerns that may be resolved actively. For example, expanding imports from countries including the United States will also help meet the growing needs of the Chinese people for better living and promote high-quality economic development, and help the formation of domestic competitive markets.

Of course, instead of being indecent, the source revealed that China has also raised its own serious concerns with the United States, especially the problems that the United States has not solved for a long time. The US has also responded positively.

This is a win-win situation.

Negotiation is the art of compromise. In the past half year, the two sides should have no shortage of scenes to shoot on the table, but in the end, to reach an agreement acceptable to both sides, we must be equal and mutually beneficial and respectful.

December 1st is a new beginning, and then it will definitely be more difficult specific negotiations.


Signal three, look at the new changes in a normal way, the most important thing to do your own thing.

Looking back on the past half a year, there is always a feeling that the American style of play is just like boxing, aggressive and constantly overweight; China seems to be Tai Chi, with softness, weakness and strength.

Especially in the past two months, unlike the intensive release of various voices in the United States, China seems to have entered a certain period of silence, feeling more and more calm and calm.

now it's right.

This is a trade war, but it is a public opinion war and a psychological war. The strength comparison between China and the United States determines that no one has the ability to win. Without a strong heart and coping wisdom, it is sure to fight the "art of trading" that the United States is pressing.

Very simple, the United States is sharpening the knife, if the Chinese are panicked, do not care about each other?

Therefore, we have seen that since the trade war, the Chinese side has not lost its rationality because of the offensive of the other side, and it has not been panicked by the unprecedented scale of trade wars.

The reason is also very simple. The United States is the world's largest economy. It is indeed very important for China to do a good job in relations with the United States; but more importantly, it is still necessary to do a good job of China itself.

In fact, while the Sino-US trade war is constantly escalating, China has been advancing the issue of openness in an orderly manner. Four times a year to actively reduce tariffs, the first Shanghai Expo will gather thousands of merchants, which fully demonstrates China's open determination and market charm. In the World Bank's latest Business Environment Report, China's ranking has risen by 32 places from the previous year, making the world look impressive.

China is not China 40 years ago. As the world's second largest economy, there is no huge market, complete industrial chain, convenient infrastructure and business environment in any country in China. Respond to the greatest confidence in the trade war.

Let the market really play a decisive role in the allocation of resources, so that the reform and opening up will bring more solid sense of gain to the people. Concentric and up-and-coming, what is the fear of China?

It must be emphasized that we must treat ourselves with the most positive changes. Don't forget, China and the United States once reached a consensus, but the US side unilaterally tore up the joint statement and insisted on launching a trade war, which eventually led to a growing trade war.

If there is no integrity, if you continue to ask for the price, you will not rule out new twists and turns. After all, according to the information disclosed, if the two parties fail to reach an agreement within 90 days, the US is likely to repeat itself and increase the 10% tariff to 25%.

Therefore, the two sides will continue to be wits. For China, we must strive for the best results, but we must still make the worst plans.


In the past, they are all prologues.

2018 is coming to an end, and we look back a few years later. This is indeed a very crucial year for China.

On December 1st, perhaps it was a certain number of days in the Ming Dynasty. Just over 10 hours before the Sino-US framework consensus was reached, former US President George W. Bush finished his 94-year-old life course.

Among all US presidents, Bush is one of the most profound people in China: he is the only president who has lived and worked in China for a long time. He and his wife, Barbara, both studied Chinese and like to ride. After the bicycles went to the streets of Beijing, after returning to the United States, the couple also went to the Chinese restaurant from time to time to eat the roast duck and beat the teeth.

During the two presidents of Bush and his son, China and the United States also had contradictions, frictions, and even fierce struggles, but in the end they still respected each other and maintained cooperation at all levels. In the 2008 Beijing Olympics, Bush also took his father and wife and children to visit the Olympic Games in Beijing.

China and the United States should not be enemies. Regarding the efforts to improve relations with China in the past, Bush has said this: History will prove that I am correct.

History has proved this, but history requires more forward-looking leaders. Treating the other person as a friend, the other party may become a friend; when the other party is regarded as an enemy, the other party will often become an enemy.

At the APEC Business Leaders Summit held not long ago, the words of the top Chinese leader won the applause of the world. He said this:

History tells us that if we embark on the road of confrontation, whether it is the Cold War, the hot war or the trade war, there will be no real winner. As long as countries and countries treat each other as equals, mutual understanding and mutual accommodation, there will be no problems that cannot be resolved through consultation.

It’s really awesome.

An era has an issue of the times. The problem itself is not terrible. The key is to take the right approach to solve the problem. This undoubtedly tests the wisdom, strategy and courage of both China and the United States. Of course, there is integrity!

Things are changing, and cooperation is the best choice for China and the United States. However, China is still not sure!