After two days of trade talks, Beijing says the U.S. and China have agreed to extend their tariff truce, but now U.S. Treasury Secretary Scott Bessent is saying, “our Chinese counterparts have jumped the gun a little,” and insisting it’s still up to President Trump to decide whether to go back to triple-digit tariffs.
Carl Zha, a geopolitical analyst and Host of the Silk & Steel Podcast, noted that while Trump wants to bully every country into a trade deal, he’s not going to be able to do that with China, especially when Beijing has the rare earth minerals the U.S. Military needs (and both sides know it).
We also discussed the recent border clashes between Thailand and Cambodia, as China and Malaysia lead the ASEAN group’s push for peace, and the latest conflict in Southeast Asia is much more complicated than it seems.
Follow Carl Zha on X, and check out the Silk & Steel Podcast on YouTube
SOURCE LINKS:
29 July 2025 - US, China tariff truce holds for now but US says Trump has final say
29 July 2025 - Trump bludgeoned the EU on trade. Good luck doing the same to China
24 July 2025 - Israel’s 12-Day War Revealed Alarming Gap in America’s Missile Stockpile
30 July 2025 - Thailand and Cambodia reaffirm ceasefire after China-brokered meeting in Shanghai
29 July 2025 - TIME: How China Could Take Taiwan, Without Firing a Shot
29 July 2025 - Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
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