Jin Canrong is a Chinese political scientist and expert on U.S. affairs. He is the Vice Dean and Professor at the School of International Studies at Renmin University of China. He has previously provided advice to senior Chinese Communist Party (CCP) leadership and is often referred to as a “national advisor” to the CCP.
Recently, Jin’s recommendations on China-U.S. trade tariff negotiations have been circulating on China’s internet:
“In China-U.S. economic and trade consultations, we must uphold our principles and not make concessions lightly. In this round of tariff negotiations, the U.S. delegation is not being led by Commerce Secretary Lutnick or trade advisor Navarro, but rather by Treasury Secretary Bessent. Bessent represents Wall Street interests, and we must remain highly vigilant. (This implies) that the U.S. has a major goal beyond just selling goods to us – they want us to open our capital markets and allow free capital flows. This is America’s strength, not ours. We must hold the line firmly: only talk tariffs when discussing tariffs, and only talk trade when discussing trade – the capital market is off-limits.
“Furthermore, the U.S. must cancel the tariffs it imposed on small Chinese packages valued under $800. This is a non-negotiable position.
“Additionally, although we mentioned in the joint statement that we would pause or cancel non-tariff countermeasures imposed since April 2, the interpretation, the pause, or cancellation must be on our terms. We have the right to play the ‘rare earth card’ wisely. Our commitment to pause or cancel non-tariff barriers since April 2 can occur simultaneously with strengthened controls over rare earth exports.
“In summary, the China-U.S. tariff war is complex and ever-changing. Although this round of negotiations has yielded substantive progress, the road ahead remains full of challenges and uncertainties.”
Source: Sohu, May 14, 2025
https://www.sohu.com/a/894694877_121287511