中方给了贝森特面子，但美国输了底子，特朗普：中方希望达成协议

Core Points - The recent US-China trade negotiations in Kuala Lumpur ended without a formal agreement, but the US decided to temporarily suspend the planned 100% tariff on Chinese goods, indicating a complex power struggle [1][3][5] - The US Treasury Secretary, Becerra, emphasized avoiding the tariff as a significant achievement, while the Chinese delegation maintained a firm stance without showing any signs of compromise [4][12] - The negotiations highlighted the structural issues within the US economy, including rising debt and inflation, which pressured the US to reconsider its aggressive trade tactics [10][11][15] Summary by Sections Negotiation Dynamics - The atmosphere during the negotiations was tense, with no significant breakthroughs or agreements reached, reflecting a stalemate in US-China relations [1][3] - Becerra's comments suggested a tactical retreat rather than a strategic victory, as the US faced internal disagreements on how to approach the negotiations [11][14] Economic Context - The US's total debt has surpassed $38 trillion, with interest payments at a historical high, making further tariffs potentially damaging to the economy [10][11] - The imposition of additional tariffs could exacerbate inflation and harm consumer confidence, leading to a reconsideration of aggressive trade measures [10][12] Strategic Implications - The negotiations revealed China's strategic patience and ability to maintain its position without yielding to US pressure, indicating a shift in the balance of power [12][15] - The US's initial strategy of using trade leverage to force concessions from China has proven ineffective, as the global supply chain has diversified, reducing the impact of US threats [15][16]