Group 1: Key Outcomes of the US-China Economic Negotiations - The US agreed to cancel the 10% "fentanyl tariff" on Chinese goods[6] - The US will continue to suspend the 24% retaliatory tariffs for one year and extend certain tariff exclusions[6] - The US will pause the implementation of the 50% export control rule for one year[6] Group 2: Remaining Issues in US-China Trade Relations - The US retains a 10% tariff on Chinese goods, despite the reduction of the fentanyl tariff[8] - The average tariff rate on US imports from China remains around 30% post-negotiation[9] - The US continues to impose restrictions on high-tech industries, including semiconductor sales to China[9] Group 3: Strategic Dynamics of the US-China Trade Game - China has shifted from cautious responses to a more assertive strategy in trade negotiations[2] - The ongoing trade conflict is characterized by a dynamic back-and-forth interaction between both countries[10] - Future negotiations will depend heavily on the bargaining power and economic resilience of both sides[15]
粤开宏观：中美吉隆坡经贸磋商：谈成什么？还剩什么？未来如何？
Yuekai Securities·2025-10-30 12:35