qinbafrank
qinbafrank|May 12, 2025 01:16
On the joint statement, Trump said that "it will be the most important and influential content he has ever released"; He Lifeng said, 'The talks are in-depth, constructive, and substantial progress, and important consensus has been reached.'; The White House website is more direct, stating directly that the United States announced a trade agreement with China in Geneva, but the White House article only mentions the speeches of Besant and Greer in Switzerland, without any other content. All of them are just showing off their appetite. It is estimated that the joint statement will first establish a friendly negotiation framework, which exceeds market expectations. Exempt a portion first, reduce a portion, and leave the rest to be discussed by the medium to long-term mechanism, which is a good explanation for both the summit and the public. This is a typical positive stance and step-by-step approach. As mentioned yesterday, it is estimated to be difficult to reach a comprehensive agreement, but it can be downgraded and there can be a framework and follow-up (regular communication mechanism). Establishing a communication mechanism should meet expectations, but it depends on how much the negotiation framework exceeds expectations (or how much it exceeds expectations in the statement). At least it can be determined that the worst-case scenario of "no consensus and no follow-up" has been left behind.
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