Group 1 - The core focus of the recent US-China trade talks is whether to extend the current tariff suspension period by another 90 days, indicating ongoing negotiations and significant differences between the two parties [2][3][23] - The discussions have evolved from narrow topics, such as rare earth issues, to broader economic framework concerns, reflecting a deepening dialogue between the two nations [8][23] - US Treasury Secretary Bessent expressed satisfaction with the progress of negotiations, suggesting that both sides are taking the talks seriously and are willing to engage in more substantial discussions [6][7] Group 2 - Bessent emphasized the need for China to transition to a consumption-driven economy, a sentiment echoed by previous US officials, highlighting the long-standing concerns about China's reliance on manufacturing and exports [8][10][21] - The potential shift towards a consumption-based economy is seen as a necessary response to external pressures, including tariffs, which may force China to adapt its economic structure [10][15][18] - Recent measures in China, such as financial incentives for childbirth and discussions around free education, are aimed at stimulating domestic consumption and addressing demographic challenges, aligning with the broader goal of economic transformation [21][22][23]