Group 1 - The core point of the news is that President Trump has signed an executive order to extend the suspension of tariffs on China for another 90 days, which has sparked widespread attention and discussion internationally [1] - The background includes the announcement of a "reciprocal tariff" policy in April, with a goal to reach 90 agreements within 90 days, but only limited progress has been made with countries like the UK and Vietnam [1][3] - The extension of the tariff suspension can be interpreted as a compromise by Trump, as domestic opposition to excessive tariffs is growing and the trade stagnation is putting pressure on U.S. businesses and consumers [3] Group 2 - Some viewpoints suggest that both the U.S. and China may be seen as "winners" from the tariff agreements, as U.S. consumers avoid high prices and Chinese exporters can relieve some pressure [5] - However, the 90-day suspension may only serve as a temporary measure for the Trump administration, and the future situation remains uncertain [5] - In contrast, other countries like the EU, Canada, and Japan have faced strong countermeasures from China, indicating that while U.S.-China relations may be easing, tensions with other nations are escalating [5][6] Group 3 - China has taken retaliatory actions against the EU, Canada, and Japan, including placing two EU banks on a countermeasure list and launching an anti-dumping investigation into Canadian canola oil, with a dumping margin of 75.8% [5][6] - The measures against Canada and Japan are a response to perceived dumping practices that have severely impacted Chinese industries [6] - These actions demonstrate China's commitment to protecting its interests and its unwillingness to tolerate any infringement, especially from countries aligning with the U.S. [6][8]

Group 1 - The core point of the article is the recent decision by Trump to extend the tariff suspension on certain Chinese goods for 90 days, indicating a shift in the U.S. stance amid economic pressures [1][3] - The U.S. manufacturing data is declining, consumer prices are rising, and there is significant inventory buildup, leading to concerns about unemployment potentially exceeding 1.2% [3] - The bilateral trade between the U.S. and China has surpassed $450 billion in the first half of the year, making the tariff suspension beneficial for Chinese exporters [3] Group 2 - The U.S. stock market rose by 1.5% on the day the tariff suspension was announced, providing a respite for Chinese exporters [5] - The negotiations in Stockholm between the U.S. and China covered critical issues such as chips and energy, suggesting a more pragmatic approach to future competition and cooperation [5][7] - The geopolitical context includes Trump's recent meeting with Putin and the weakening of NATO alliances, making a prolonged trade war with China less favorable [5] Group 3 - China initiated anti-dumping investigations against Canadian canola seeds, with a preliminary ruling indicating a dumping margin of 75.8%, impacting Canadian agriculture significantly [8][10] - China also imposed anti-dumping measures on Japanese halogenated butyl rubber, affecting Japan's supply chains and economic interests [10] - The Chinese government retaliated against the EU by implementing sanctions on two financial institutions, highlighting the use of legal measures alongside economic tools [10][11] Group 4 - The trade war reflects a profound change in the global trade landscape, with tariffs imposed by the U.S. on various countries, leading to retaliatory measures and economic strain on allies [11][12] - The EU, Canada, and Japan are facing economic challenges due to U.S. tariffs, prompting them to seek alternative markets and partnerships [14] - The ongoing negotiations between the U.S. and China during the 90-day period may reshape the global trade system, with China taking actions to protect its interests [14][15]

Group 1 - The extension of the US-China tariff truce for 90 days has led to immediate retaliatory measures from China against Canada and Japan [1][3] - China imposed a temporary anti-dumping deposit of 75.8% on Canadian canola seeds, following a year-long investigation that concluded Canada engaged in dumping practices [1][3] - The canola seed industry in Canada, which exports approximately CAD 5 billion annually to China, is significantly impacted by this high deposit, leading to a drop in canola prices [3][5] Group 2 - China also targeted Japan, imposing anti-dumping measures on halogenated butyl rubber, with Canadian companies facing a maximum deposit of 40.5% and Japanese companies 30.1% [3][5] - Japan's recent cooperation with the US to limit China's strategic advantages, including reducing reliance on Chinese rare earths and restricting semiconductor exports, has contributed to its negative standing in China [3][5] - The Chinese government has indicated that countries aligning with the US against China will face consequences, as seen in the recent actions against Canada and Japan [5][8] Group 3 - In addition to Canada and Japan, China has taken retaliatory measures against the EU, specifically targeting two Lithuanian banks due to sanctions imposed by the EU on Chinese financial institutions [5][6] - The Chinese Ministry of Commerce's actions against the EU are framed as a response to perceived violations of international law and damage to Chinese enterprises [6][8] - China's series of retaliatory measures signal a clear message that while negotiations with the US may continue, other nations should reconsider their alignment with US policies that harm Chinese interests [8]

Core Viewpoint - China's recent countermeasures against countries perceived as adversaries have shifted the narrative, with some Western experts now predicting that China will emerge as the next global leader [1][20][29]. Group 1: Countermeasures Against Adversaries - On August 12, China's Ministry of Commerce announced an anti-dumping preliminary ruling against Canadian canola seeds, imposing a 75.8% tariff, which directly impacts Canada's agricultural sector [1][8]. - Japan faced a similar fate with a 26% to 40% anti-dumping duty on halogenated butyl rubber, a critical material for vaccine vials, causing panic among Japanese chemical companies [4][8]. - Two EU banks in Lithuania were added to China's countermeasure list, prohibiting domestic institutions from engaging in transactions with them, highlighting the repercussions of Lithuania's alignment with U.S. anti-China policies [6][8]. Group 2: Reactions from Affected Countries - The Canadian agricultural sector reacted urgently to the tariffs, while Japanese chemical firms began to express concern over their market positions [8]. - Within the EU, there are emerging doubts regarding the decisions made to align with U.S. sanctions, as these actions could adversely affect European businesses [14][18]. Group 3: Expert Predictions and Analysis - Melamed, a prominent figure in the financial sector, stated that China is poised to become the next world leader, citing its rapid development and innovation capabilities [20][23]. - Historical patterns indicate that shifts in global power dynamics are often driven by changes in production capabilities, with China's manufacturing output now surpassing that of the U.S., Japan, and Germany combined [27][39]. - The combination of China's large population, robust education system, and strategic economic policies positions it favorably for future leadership [29][31]. Group 4: Strategic Insights - China's response to U.S. chip tracking and allied nations' actions has been characterized by a measured approach, utilizing WTO rules for trade remedies rather than emotional reactions [31][39]. - The decision to open rare earth exports to the U.S. under strict conditions reflects a sophisticated strategy that balances cooperation with assertiveness [35][39]. - The ongoing discussions about de-dollarization among various nations indicate a growing recognition of China's economic influence and the potential for a shift away from U.S. dollar dominance [37][39].