中美第四轮交锋还没开始，特朗普提前露了怯，美国未战先败一局

Core Points - The fourth round of US-China trade negotiations is set to take place in Madrid, with US Treasury Secretary Bessent under significant domestic pressure while China maintains a calm stance [1][3][5] - The negotiations are framed as a high-stakes game, with both sides employing strategic moves akin to a chess match, reflecting the ongoing tension in the trade relationship [3][5][9] - The choice of Madrid as the negotiation venue is seen as a strategic move by both parties, with the US aiming to signal unity with European allies and China seeking to showcase its cooperation with EU countries [8][11] Summary by Sections Negotiation Context - The US has been increasing tariffs, with a rapid escalation from 10% to 20% within a few months, while China has responded with measured countermeasures [5][9] - The US faces internal economic pressures, including rising consumer prices and complaints from retailers, which complicate its negotiation strategy [3][9][13] China's Position - China emphasizes dialogue and cooperation, asserting that it will not compromise on core interests, and has shown resilience in its economic performance [11][19] - The Chinese strategy includes strengthening economic ties with other countries, making it difficult for the US to isolate China [11][19] Media and Public Perception - The media narrative varies significantly between the US and China, with US outlets focusing on pressure and challenges, while Chinese media project stability and confidence [15][19] - The negotiations are characterized by a dramatic atmosphere, with global markets closely watching for potential outcomes and implications [20] Potential Outcomes - The negotiations are seen as a critical juncture, with the possibility of reaching a temporary agreement on tariffs that could ease market tensions, or a breakdown that could lead to further escalation [19][20] - The humorous commentary surrounding the potential impact on Spanish wine exports highlights the broader economic implications of the trade talks [8][19]