Chinese officials, influencers and the media managed by the State challenged the new trade agreement on Monday with the United States – including a suspension of 90 -day prices – as a major diplomatic and strategic victory for Beijing, praising what they describe as the effectiveness of the Chinese company Stance and the refusal to capitulate the pressure of the administration of President Donald Trump.
By supervising the agreement as a justification for their hard -on -line negotiation strategy, the Chinese state media have declared that the breakthrough will not come from the compromise, but the challenge of Beijing. A social media account affiliated with the Chinese national diffuser, video surveillance, said: “The countermeasures and the resolute position of China have been very effective.”
In concrete terms, the agreement, hammered during the weekend in Geneva, Switzerland, will see the return rates of the United States from 145% to 30% on Chinese products, while China will reduce its own reprisals of 125% to 10% on American products. The price relief should last 90 days but could be extended if new progress is made.
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The news immediately fueled an increase in world stock markets, raising the feeling of investors across Asia, Europe and the United States, but behind optimism is growing recognition, even in Washington and Wall Street, that the short-term truce could in fact promote China more than the United States.
The famous Chinese public, Beijing turns it as proof of strength
On Chinese social media, the response was jubilant. According to CNBC, hashtags linked to the trade agreement strongly tend to Weibo, the largest microblogging site in China. A particular hashtag, # Uschinasusunding24% Tariffswithin 90days, attracted more than 420 million views on Monday afternoon. The “24%” figure referred to a net reduction in the average rates noted in the joint declaration published by the two countries.
The nationalist feeling was also apparent. A user, writing under the name of Chun Feng Yi, ran, posted: “Our ancestors did not give in, why should we abandon what we have?” This one post attracted thousands of likes, echoing the generalized view that Beijing exceeded Washington without retreating.
The Beijing Commercial Ministry has used the time to polish the image of China around the world, qualifying the agreement of “important step” and stressing that China remains a responsible and cooperative trading partner. However, in a quick blow, the ministry also called Washington to “completely correct its unilateral pricing practices”, reiterating that the United States was to blame for the climbing of trade.
Silent exemptions and concessions behind the curtain
While Beijing praises his strategic firmness, he has already started to grant exemptions to certain local companies before the official agreement. Analysts say that this indicates that China was perhaps more eager that it would not allow the economic tension of the trade war, which had pressed manufacturers and exporters across the country.
Under the terms of the agreement, China is also committed to deleting or suspending its non-pricing countermeasures. This includes stricter export restrictions on rare land minerals, critical inputs for the American and defense sectors, which Beijing had threatened with armaments during tension peak.
However, even if China made this commitment, the Ministry of Commerce published on Monday a declaration reaffirming its repression of the smuggling of rare earths for “national security reasons”, subtly transferring the blame to “foreign entities” for having led illegal trade. Mixed messages highlight China’s trend to leave the interpretation room for policy changes without openly violating its agreements.
US officials call it a victory – but not everyone buys it
Back in Washington, the Trump administration called the “historic commercial victory” agreement. The Treasury Secretary, Scott Bessent, speaking on the Squawk box of CNBC on Monday, said that the two countries would begin to work on a more complete monitoring agreement in the “next weeks”. He insisted that the price break would create a space for “reset” in commercial relations.
However, skepticism rises among American economists and certain business leaders. Some note that Trump’s administration has entered the trade war without a long -term coherent strategy and has now been released without ensuring major structural concessions in Beijing.
“Now that Trump went to the trade war in China, he never had the cards to win, what is the next step?” said Peter Schiff, chief economist and global strategist at Euro Pacific Capital. “I think the news is as good as possible and can only get worse if the War War. Now the concentration can return to the explosion budget of the deficit which makes its way through the Congress. ”
Others in the business world have echoed similar opinions. Although the price rollback provides temporary relief to American importers and manufacturers, it leaves in place fundamental structural problems – including forced technology transfers, industrial subsidies and market access restrictions – which originally provoked trade war.
Promise fatigue and a familiar manual
For many long -standing observers of China negotiation tactics, the last agreement follows a familiar scenario: reform promises and cooperation with few immediate changes in the field. Foreign leaders often speak of “promise of fatigue” – a term used to describe the gap between Beijing declarations and its interior application.
The new “consultation mechanism” proposed in the agreement is designed to maintain regular discussions between the United States and China on commercial and economic issues. However, analysts warn that this mechanism, like the others before him, could quickly transform into a symbolic forum without real application power.
The agreement does not solve the basic disputes between the two largest economies in the world. The 90 -day stay is more an expiration time than a truce, and if the negotiations decompose, the two parties retain the possibility of reposing the prices.
