中方刚采购200万吨大豆，美国代表就通告全球，必须缩减对华贸易

Core Viewpoint - The U.S. Trade Representative, Robert Lighthizer, emphasized the need to reduce trade with China, suggesting a 25% decline in tangible goods trade is a step in the right direction, despite recent positive signals regarding U.S. agricultural exports to China [1][3]. Group 1: U.S.-China Trade Dynamics - The U.S. Treasury Secretary confirmed that China is on track to purchase 12 million tons of U.S. soybeans by February 2026, indicating compliance with trade agreements [1]. - Recent shipping data shows that at least six bulk carriers of U.S. soybeans are expected to arrive at the Gulf Coast by mid-December, marking a significant resumption of trade after previous disruptions [1]. - Despite these agricultural purchases, the U.S. Trade Representative's stance remains focused on limiting China's access to North American manufacturing through trade barriers [5]. Group 2: Domestic Policy Implications - The Trump administration is pushing for a normalization of tariff policies, maintaining rates between 15% and 20%, and is prepared to reconstruct tariffs even if the Supreme Court overturns existing policies [3]. - The U.S. Trade Representative is advocating for adjustments to the USMCA (United States-Mexico-Canada Agreement) to prevent Canada and Mexico from acting as intermediaries for Chinese exports [3][5]. - There is a clear divergence in U.S. trade policy focus, with the Treasury Secretary prioritizing supply chain stability and agricultural exports, while the Trade Representative emphasizes manufacturing return and trade barriers [5]. Group 3: Future Trade Relations - The likelihood of significant expansion or contraction in U.S.-China trade is low; instead, a gradual restoration of trade relations is expected, albeit with ongoing friction [7][8]. - The U.S. will continue to focus on high-end manufacturing and strategic materials, while China will pursue U.S. agricultural and industrial products based on its own needs [7]. - The complexity of U.S.-China trade relations suggests a future characterized by cautious cooperation and competition, with both countries seeking to balance their respective interests [8].