美债被多国疯狂抛售，多国抢着访华，国际风向大变，中美局势逆转

Group 1 - Concerns over Trump's "reciprocal tariffs" have led to a five-day sell-off of US Treasury bonds by global investors, indicating a significant decline in confidence towards dollar assets [1][3] - US Treasury Secretary Mnuchin attempted to downplay the impact of the recent sell-off, asserting that the Treasury has sufficient "policy tools" to address market volatility and imbalances [3] - Mnuchin highlighted an increase in foreign demand during recent auctions of 10-year and 30-year US Treasury bonds, suggesting that the sell-off is primarily due to institutional deleveraging rather than foreign sovereign entities [3] Group 2 - The visit of Spanish Prime Minister Sanchez to China is significant, as it aims to expand commercial cooperation between Spain and China, while also improving the overall EU-China relationship [4][6] - Sanchez's visit comes amid pressure from the US, which has warned against closer ties with China, yet he remains committed to strengthening relations, reflecting Spain's determination [6] - The trade volume between China and the EU was approximately $785.5 billion in 2014, surpassing the same period's trade volume between China and the US, indicating the importance of this relationship for economic development [6] Group 3 - During Sanchez's visit, discussions focused on bilateral relations, EU-China relations, and international issues, emphasizing mutual cooperation and the maintenance of multilateralism and free trade [7] - The increasing number of countries seeking cooperation with China highlights a shift in the international economic and political landscape, as Trump's tariff policies have led to isolation for the US [9] - The ongoing changes suggest that if the US continues its unilateral and protectionist policies, it may struggle to achieve its economic goals and further diminish its influence on the global stage [9]