Source: Sing Tao Daily

After the peak of expecting to fall from the peak of expectations to the bottom of the disappointment, the difficult and unusual Sino -US trade negotiations finally broke through this continuous stagnant cycle, ushered in the dawn of the world.Zhou announced its first -stage trade agreement.However, the first round of negotiations have not been fully discussed. The United States has reduced the tariffs and how to supervise the implementation of the agreement.As the follow -up confrontation will involve China's economic structural reform, it is more difficult to reach an agreement, and the tail left is still long. For the first time, China and the United States announced uniformly on an agreement text. Regardless of whether it is deeply trapped in China, the United States, which is deeply trapped in a high tariff, the United States, which launch a trade war, but it is difficult to make a loss, and even the global financial financial that is affected by the news of trade warfareIn terms of trade markets, good news helps to stabilize people's hearts. Mei Li has one hand to renew the pressure again and again According to the content released by China, the text of this agreement includes nine chapters including preface, intellectual property, technology transfer, food and agricultural products, financial services, exchange rates and transparency, expanding trade, bilateral assessment and dispute resolution, and final terms.The most important thing is that the United States will fulfill the promise of improving tariffs on Chinese goods in stages, no new tariffs imposed, and promising to reduce some of the additional tariffs. However, will things go so smoothly?I'm afraid I didn't see it.From the perspective of various news, there are some hand -to -end to deal with the first stage of trade talks. One is to prohibit the transfer of technological transfer of American companies. The director of the White House Economic Commission Kundelo pointed out that this part of the discussion has not yet ended.In addition, the United States has proposed a mechanism to supervise the implementation of an agreement between China, and the two parties must continue to discuss. At the same time, the United States still retains most of the tariffs imposed on Chinese goods. It will be reduced or canceled in the future. How large is still a hand. President Trump said that it is for the next stage of negotiations to win more.The second round of confrontation will soon be launched, the focus will be placed in the further reform of the Chinese economic structure, the negotiations will be more complicated and tricky, and the United States will continue to pressure. However, in the first stage of negotiations, China showed the willpower against the United States, so that the US body recognized the taste of hard bones.Although the Chinese economy is in crisis at the moment, the overall is still stable, and the stock market and the RMB exchange rate have also performed stable; and the trade war has been fighting, China's trade surplus in the United States has not been significantly narrowed, and American capital has not greatly evacuated China.On the contrary, the United States has to bear the consequences in domestic investment and consumer prices. It is difficult to deal with the enemy on both sides It was the Republican Party that made Trump's pressure in particular.The bankruptcy farm has increased by 24%. If it is not eclipsed, the presidential election next year may further lose farmers' ticket warehouses. In addition, there is another more important motion MDASH; mdash; the Judiciary Committee of the United States House of Representatives has voted to vote to vote to vote through Trump's two impeachment clauses, including the abuse of power and obstructing Congress investigation.The Democrats of the House of Representatives are accelerating the impeachment process. This time, the firepower is full, and the Republican camp must fully respond. In the face of the impeachment case, Trump must make every effort to protect himself, and his team and the Republican Party must be handsome. In this case, it is difficult for only a full energy to fight against the Democratic Party.From a technical perspective, it is a good strategy to reach the first phase of trade agreement with China. After all, after all, in the final analysis, there is no seeing the true chapter in the agreement.