Group 1 - The core argument is that the U.S. government's use of tariffs as leverage in negotiations has significant implications for global markets, particularly in terms of volatility and the reassessment of trade dynamics [3][4][5] - The impact of tariffs has led to a milestone change in global financial markets, with U.S. Treasury yields rising to 4.6%, surpassing the growth rate of nominal GDP, raising concerns about the sustainability of U.S. debt [4][5] - The political landscape in the U.S. is increasingly polarized, with conflicts among various factions affecting the perception of U.S. global standing and potentially influencing capital flows [5][6] Group 2 - The tariffs have notably affected inflation levels and the cost of living for the middle and lower classes in the U.S., which is a critical issue for upcoming midterm elections [6][7] - Changes in supply chain structures have become evident since the initiation of the tariff war, with reports of shortages of Chinese goods in U.S. retail and price adjustments in everyday products [6][7] - The urgency for the U.S. to restart negotiations with China is driven by concerns over rare earth exports, which are crucial for the automotive industry and could significantly impact the U.S. economy [7][8] Group 3 - Internal divisions within the U.S. government and among different social classes are emerging as a fourth influential factor in trade negotiations, potentially overshadowing the previously identified key factors [9][10] - The analysis suggests that China should adopt a cautious approach in future negotiations, focusing on domestic economic stability and strategic planning rather than merely reacting to trade volume changes [10][11] - Confidence in the resilience of the Chinese economy and its manufacturing sector is emphasized, indicating a belief in the ability to navigate through tariff conflicts successfully [11]