Trump may speak with Xi Jinping this week to "emphasize that US-China relations are very good," Bloomberg reports: Beijing's tough stance has achieved a significant victory.

After the United States and China announced the mutual tariff cut yesterday (12), US President Trump also said that he planned to speak with Chinese President Xi Jinping "perhaps this weekend", and stressed that the relationship between the two sides is very good. (Synopsis: The United States and China cut tariffs "145% to 30%", analysts are optimistic about bitcoin rushing $140,000) (Background supplement: Becent shouted that the Sino-US tariff negotiations "made great progress", analysts: enhance confidence in the risks of cryptocurrencies and US stocks) After a two-day marathon of negotiations in Switzerland, the United States and China jointly announced an important agreement on Monday (12th), easing the tense trade relationship between the two sides. Under the agreement, the U.S. will significantly reduce tariffs on Chinese goods to 30% from the previous level of 145% (reciprocal tariffs will be reduced to 10%, maintaining the previous 20% tariffs on fentanyl); At the same time, China also agreed to reduce tariffs on U.S. goods from 125% to 10%. Trump: May talk to Xi Jinping over the weekend According to Bloomberg, after the latest agreement between the United States and China was released, US President Donald Trump also said that he planned to speak with Chinese President Xi Jinping "perhaps this weekend". Trump tried to set the tone for the outcome of the talks and emphasize the positive development of U.S.-China relations, stressing: "We have no intention of harming China." China has been very badly damaged before, they have closed factories and there has been a lot of turmoil in the country...... They were very happy to have some agreements with us, and the relationship between the two sides is very, very good. U.S. stock seven heroes show strong momentum again Supported by the optimism of improving trade relations and the fundamentals of the technology industry, the U.S. stock market performed strongly on the 12th, especially the "U.S. stock seven" that led the market, Amazon and Meta rose more than 7%, especially brightly, Tesla (TSLA) also rose 6.7%. The Dow Jones Industrial Average jumped 1160.72 points, or 2.81%, to close at 42410.10 The S&P 500 jumped 184.28 points, or 3.26%, to close at 5844.19 Nasdaq jumped 779.42 points, or 4.35%, to close at 18708.34 The Philadelphia Semiconductor Index rose 314.43 points, or 7.04%, to close at 4780.93 China's complete victory? In addition, Bloomberg further pointed out in another report that the results of this negotiation show that Xi Jinping's tough strategy against Trump has achieved remarkable results, which can be described as a major victory for Chinese leaders. The reason is that the agreement meets almost all of Beijing's core demands, including the suspension of high tariffs and the establishment of a mechanism for negotiating contacts. Andrew McArver, co-founder of Trivium China, commented: "This is arguably the best outcome China can expect, and the United States backed down." Going forward, this will give the Chinese government confidence that they have leverage against the United States in any negotiations." In addition, as in Trump's first term, China will not compromise on key areas of its economic and political system. Song Hong, deputy director of the Institute of Economics at the Chinese Academy of Social Sciences, also said: "Beyond the red line, we have many gaps that can be filled through negotiation, such as tariffs, intellectual property rights and subsidies." However, optimism is accompanied by caution. Dong Yan, director of the trade department at another research institute at the Chinese Academy of Social Sciences, saw this as a positive development, but warned that Trump could raise tariffs again. "We have learned from the Trump 1.0 era that tariff negotiations can be iterative, not overnight," she said. Xing Ziqiang, Morgan Stanley's chief China economist, also noted that the tariff suspension could prompt companies to ship earlier and increase production, but he also warned that given the complexity of the U.S.-China bilateral relationship, "lasting solutions remain challenging." In short, the negotiations brought a temporary relief to the US-China trade relationship, but the future direction of negotiations between the two sides remains uncertain. Markets will also be watching closely to see if the deal offers a more stable outlook for the global economy. Related reports Fed Barr warns: Trump drags Fed back! Tariff policy will make the economy return to the "early days of the epidemic" Fed interest rates frozen three times in a row! Bauer rarely warned: the tariff war caused inflation and unemployment to rise, and bitcoin exceeded 98,000 to a two-and-a-half-month high The United States loses Taiwan, Japan and South Korea allies? Trump: I'm not sorry at all, they deserve China's 145% tariff (Trump may speak with Xi Jinping this week to "emphasize that the U.S.-China relationship is very good", Bloomberg: Beijing's tough attitude wins a major victory" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".