After Finance Minister Besent quickly returned to Washington to attend a congressional hearing following two days of intensive consultations with the Chinese side in London, this move reflects the high intensity and complexity of the negotiations, and may also aim to create a public opinion atmosphere of positive progress in the talks.

Meanwhile, U.S. Secretary of Commerce Gina Raimondo and Trade Representative Katherine Tai remain in London to continue advancing the dialogue. They publicly assert that "the negotiations are progressing smoothly," but their wording reveals a sense of caution and urgency, reflecting the U.S. intention to reach an agreement as soon as possible to boost market confidence.

In response to the active stance of the U.S. side, the Chinese delegation demonstrated a calm and confident negotiation style, adhering to the principle of equal consultation with precise control of the pace. Especially regarding the issue of rare earth exports, the Chinese side emphasized the position of "step by step," showcasing the negotiating strength of controlling the initiative.

The core topics of this round of consultations focus on two strategic resources: rare earth exports and high-end chip technology controls. The U.S. side hopes to exchange the relaxation of chip export restrictions to China for China accelerating the approval of rare earth export licenses. The Chinese side has made it clear that the export of rare earths, as a strategic resource, must follow standardized procedures and ensure national security, reflecting the basic stance of national sovereignty and compliance management.

In-depth analysis shows that the U.S. side is eager to stabilize the market and enhance political achievements in this round of negotiations, tactically leaning towards applying pressure and seeking public support. China, on the other hand, adheres to the principles of fair negotiation and procedural supremacy, effectively controlling the pace of negotiations through the key leverage of rare earth resources.

The negotiations, ostensibly about trade reciprocity, are essentially a deep game between China and the United States in the fields of technological resources and strategic materials. The U.S. hopes to quickly reach an agreement favorable to "America First," while China places greater emphasis on long-term interests of national security and strategic resource autonomy, demonstrating strategic resilience and the ability to actively control the situation.