Group 1 - Trump's urgent call for China to increase soybean purchases reflects the backlash of his tariff policies, which initially aimed to please agricultural voters but resulted in the loss of the largest buyer for U.S. soybeans [4] - The U.S. soybean market is now facing competition from Brazil, which benefits from zero tariffs, leading to U.S. farmers becoming collateral damage in geopolitical conflicts [4] - With midterm elections approaching, Trump's focus on resolving soybean issues is a strategy to garner support from agricultural states [4] Group 2 - China is unlikely to alter its supply chain fundamentals in response to Trump's demands due to economic rationality, as Brazilian soybeans offer cost advantages and greater production potential [6] - The geopolitical rationale for China includes the gradual replacement of the dollar payment system with a BRICS currency settlement system, which would be undermined by favoring U.S. soybeans over Brazilian ones [6] - China's choice of Brazil is also a risk management strategy, as U.S. policy inconsistency is widely recognized, while Brazil offers long-term planting agreements [6] Group 3 - If Trump continues the tariff war, U.S.-China relations may deteriorate into a state of "antagonistic interdependence," with accelerated decoupling in sectors like semiconductors and biotechnology [14] - The potential for a shift in soybean pricing power from the New York Mercantile Exchange to the Zhengzhou Commodity Exchange is highlighted as a significant turning point [15] - The agricultural crisis in the U.S. Midwest could lead to a political shift, with traditionally Republican "red states" turning against the current administration due to economic pressures [15]
终于撑不住了,特朗普深夜喊话中国,想让中方不计前嫌帮美国,怎么选?
Sou Hu Cai Jing·2025-08-12 11:11