中美经贸磋商结果公布，后续如何发展？【陈兴团队•财通宏观】

Group 1 - The core outcome of the recent US-China trade negotiations includes a 10% reduction in tariffs on Chinese goods related to fentanyl, with corresponding adjustments on US agricultural exports like soybeans and energy products [3] - The US will suspend the 24% reciprocal tariffs on Chinese goods and the 50% export control rules announced on September 29 for one year, with China also adjusting its counter-tariffs and export controls accordingly [3] - Both parties agreed to suspend the 301 investigations into maritime, logistics, and shipbuilding industries for one year [3] Group 2 - The results of the negotiations align with market expectations and previous predictions, indicating a trade-off between rare earth controls and soybean purchases in exchange for fentanyl tariff reductions and other US restrictions [5] - Following the negotiations, the likelihood of escalating tariff conflicts is low, and there is potential for further reductions in fentanyl tariffs in future discussions [6] - Despite the recent retreat of the US in trade confrontations, ongoing competition between the two nations may lead to continued conflicts, particularly in sectors like electronics, electric vehicles, and pharmaceuticals [7][8]