特朗普公布全球关税，美国这次要硬碰硬？美财长见完中方代表后，知道对中国已毫无办法

Core Viewpoint - The exclusion of China from the recent global tariff list by the Trump administration indicates a significant shift in the U.S.-China trade dynamics, suggesting that China is no longer an easily manipulated entity in international trade negotiations [1][3][5]. Tariff Strategy - The global tariff list differentiates between trade surplus and deficit countries, imposing a 10% tariff on surplus countries and starting at 15% for deficit countries, with Canada facing the highest penalty of 35% [1][4]. - The absence of China from the tariff list, which would typically incur at least a 15% tariff, raises questions about the underlying strategic considerations of the U.S. [3][4]. Negotiation Dynamics - The recent U.S.-China trade talks in Stockholm featured a significant disparity in negotiation teams, with China sending a 75-member professional team, which placed the U.S. in a weaker negotiating position [3][4]. - U.S. Treasury Secretary's remarks post-negotiation reflect a strategic concession, acknowledging China's autonomy in energy imports and recognizing the U.S.'s lack of leverage on key issues [3][4]. Economic Implications - The U.S. faces three critical vulnerabilities: reliance on China for 90% of global rare earth resources, potential inflation from tariffs that could raise the U.S. CPI by 1.5%, and the risk of pushing China closer to Russia [4][5]. - The retaliatory measures from allies, such as Canada considering a 50% tariff on U.S. steel, highlight the backlash against U.S. tariff policies [4]. Historical Context - The previous imposition of a 25% tariff on China did not reduce the trade deficit but instead encouraged China to enhance self-sufficiency in critical technology sectors, indicating the ineffectiveness of tariff strategies against China [4].