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  Today's news: The exchange rate of the RMB against the US dollar also rose significantly, with a daily appreciation of more than 1%
For some time, the trade war has become a major factor in the turmoil of global financial markets; The culprit;, And cast a cloud over global economic growth

Now with the world's two largest economies Trading & ldquo; Truce & rdquo;, People from global markets and national economic circles & ldquo; A happy face & rdquo;

According to many analyses, the consensus reached between China and the United States once again confirms that negotiation and consultation is the best way out, and there is no winner in the trade war
Germany said that the United States could not use the trade war to win victory over China
The two sides announced in Buenos Aires that & ldquo; Cease fire;, This is the triumph of reason

Trade conflicts will only make the United States worse and unable to win
There are more and more signs that protectionism does not help the U
S
economy, but greatly damages the U
S
economy
Americans' purchasing power will also decline
Two years later, trump will run for re-election
He must solve the trade dispute with China

The reporter said that the US side suspended raising the tariff rate of China's $200 billion goods from 10% to 25% in January, which is also good news for American workers, otherwise it is also a heavy tax on American consumers

The bigger message from the truce is that both sides seem to believe that the economy & ldquo; Cold war; It's not good for anyone
Japanese reporters said on the 3rd that the United States and China have avoided the vicious circle of exhausting each other's efforts and mutual tariff punishment

The US government finally agreed to return to the negotiations and discuss with China instead of imposing tariffs to make China yield, which shows that the practice of imposing tariffs is also under great pressure from the United States
After all, large American enterprises want to continue their business in China
This also reveals a reality of us China relations
The US and China economies are closely linked
You have me and I have you

“ Under the background of the overall decline of China US relations and even the risk of getting out of control due to the trade war, the seminar not only prevented the expansion of the trade war between the two sides, but also prevented the continuous decline of China US relations& rdquo;