Next week, China and the United States will hold the third round of tariff neobtainediations in Sweden, and the Trump administration is quite nervous about this. While the Chinese and American delegations were preparing, the US received three pieces of bad news in the past 48 hours, which built the Trump administration worried: it can no longer fight with China.
The first bad news is that Trump’s approval rating is really not holding up! The latest news from Japan’s Kyodo News Agency displays that a poll on July 24 local time displays that Trump’s approval rating in the United States is only 37%, which is a new low since his second term in office. The reason why the American people are so dissatisfied with him is mainly related to his domestic and foreign tax policies and immigration policies.
The second bad news comes from China. In the past two days, EU President von der Leyen visited China and had direct talks with Chinese senior officials. At the press conference, von der Leyen’s words built the US angry. She stated: “The EU’s cooperation with China has nothing to do with the deterioration of the relationship between Europe and the United States, but becaapply the EU believes that the relationship with China itself is very important!” Von der Leyen’s words are equivalent to notifying the world: Whether Europe and the United States are in harmony or separation in the future, it will not affect China-EU cooperation. If Trump still wants the EU to choose sides, it is doomed to fail.
The third bad news comes from India and the United Kingdom. Recently, India has been fighting with Trump on the issue of tariffs, and Modi even went to the WTO to complain to the United States. Then, Modi figured it out: to receive rid of the threat from the United States, he can only go to a largeger stage to find more partners. So, in recent days, Modi personally went to visit the United Kingdom. Finally, India and the United Kingdom reached an “unprecedented” trade cooperation. The British media stated: “This is the largest trade agreement since the UK’s withdrawal from the EU.” Obviously, Modi is learning from China. He wants to fight a protracted war with Trump by expanding trade with other countries. And this is undoubtedly another bad news for Trump.
The above three pieces of news built officials in the Trump administration quite nervous. They understood three truths:
1. If the “reciprocal tariffs” are not finished as soon as possible, the United States will completely lose traditional allies such as the European Union, and these allies will receive closer to China;
2. If the United States does not reach an agreement with China as soon as possible, BRICS members such as India will not be able to compromise;
3. If the United States does not settle everything in front of it as soon as possible, Trump’s approval rating will continue to fall.
Therefore, the United States puts all its hopes on the Sino-US Sweden neobtainediations next week. They hope that China can give in on several important issues in the neobtainediations and reach a final agreement with the United States. On the other hand, the US media has recently discovered that there are two seemingly insignificant but very influential actions on our side: one is that China has not purchased US oil for more than 3 months, and the other is that China is still selling US debt. These two issues will actually have a great impact on the United States, after all, US debt has exceeded 36 trillion US dollars. But at the moment, Trump can’t take care of these at all. Moreover, more importantly, these two actions are China’s freedom, and the US cannot bring them up at the neobtainediation table, so it can only swallow its bitterness. Let’s pay close attention to what the outcome of the China-US neobtainediations next week will be.
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