US Treasury Secretary Bessent: US and China will start the third round of trade negotiations in Sweden, Trump and Xi are expected to meet

Here is the English translation: U.S. Treasury Secretary Scott Bessent stated in an interview this morning on 7/23 that he will go to Stockholm, Sweden next week for the third round of trade negotiations with China, aiming to extend the tariff truce agreement originally set to expire on 8/12 and expand the content to more sensitive issues. On the eve of the negotiations, China has temporarily suspended its antitrust investigation into the U.S. chemical giant DuPont, which is interpreted as a goodwill gesture, suggesting that relations between the two sides may cool down. Bessent said that the U.S.-China tariff truce agreement will expire on 8/12, and both sides will conduct the third round of negotiations in Stockholm, Sweden on 7/29 and 7/30, discussing the possibility of extending the agreement and expanding the talks to sensitive issues such as China's continued purchase of oil from sanctioned countries like Russia and Iran. Swedish Prime Minister Ulf Kristersson, through a spokesperson, also stated that they will serve as the host, emphasizing that this negotiation is not only about U.S.-China relations but also has important implications for global trade and economy. This Stockholm meeting is the third round of talks following the May Geneva and June London negotiations: - May Geneva negotiations: Prompted a 90-day pause on high tariffs. - June Geneva negotiations: U.S. and China mutually relaxed export controls, with the U.S. loosening low-tier semiconductor exports (H20) and China increasing rare earth shipments. Bessent also revealed that the Trump administration's recent attitude towards China has softened slightly, not as hard-line as with other countries that must sign agreements by the end of the month. However, these countries face at least a 10% punitive tariff if they do not sign, covering products such as steel, aluminum, automobiles, and components. On the same day, U.S. President Trump also stated that he does not rule out meeting with Chinese President Xi Jinping in the future, and U.S. Secretary of State Marco Rubio mentioned that both sides have a "strong desire" to arrange a leadership summit. Just after Bessent's interview about the Stockholm talks, China announced a suspension of the antitrust investigation into DuPont de Nemours' local subsidiary, which is seen as China releasing goodwill and suggesting that bilateral relations may cool down. Bessent stated: "The U.S.-China trade is currently in a good state. What we want to discuss is not just tariffs, but more things we can collaborate on." Bessent pointed out that based on the first round of Trump's trade war with China, the U.S. may request a reduction in trade deficits, getting China to promise to increase purchases of U.S. goods and strengthen control of fentanyl precursors entering the U.S. As for China, the focus of this negotiation may be on securing more advanced U.S. process technologies to find new growth drivers for its domestic economy and requesting further relaxation of export restrictions, especially in AI and chip fields. Bessent added that the U.S. hopes China will reduce excess capacity and transform to cultivate a domestic consumer market, avoiding an influx of low-priced goods that could impact local industries in other countries. Recently, a matrix of accounts on the Threads platform has been generating AI-generated content about finance, cryptocurrencies, and politics. Using conspiracy theories to attract attention, but the underlying arguments are completely fabricated. Even more concerning is that these matrix accounts all lead to the "Chain Sentiment Observer" operating U exchange business, raising suspicions of a planned underground remittance operation.

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Large Number of Matrix Numbers Diverting Illegal Cash Exchange U Groups "Chain Sentiment Observation Station"

Taking @sincerekulas2025 (Lin Bi Zhen) as an example, who has 1729 followers on Threads, including industry professionals. First, the avatar is obviously AI-generated, and the posts are mostly in the format of "You thought..., but actually...". The content mainly discusses finance and cryptocurrency. The article's tone leads events towards conspiracy theories, attempting to shape a perspective of understanding the truth behind things with sensational text.

Similar accounts include @katimoharami987e, @emma154watsokm1, @lilapooryayo0864, @6brdb7ryn5g, and others. A key common point is that they all divert traffic to a Telegram group called "Chain Sentiment Observation Station". These accounts are known as "matrix numbers", actually operated by the same group of people.

These accounts also target Taiwan's regulatory developments, especially regarding exchanges. Posts like [Taiwan Exchanges Fined 302 Million, Just a Surface? The Real "Clearing Sequence" Has Long Been Arranged] and [You Think This is Anti-Fraud? Actually, the Era of Big Financial Data Blockade Has Arrived] use Taiwan's regulatory and exchange topics, inserting them into the above template to create conspiracy theory-toned articles. Even the news of Binance CEO Richard visiting Taiwan for a public meeting was manipulated, prompting Binance to respond directly.

Four Elements to Quickly Identify U Exchange Matrix Numbers

The reason these matrix numbers target Taiwan exchanges and make a big deal about regulatory news is that the "Chain Sentiment Observation Station" itself operates a "U exchange" business, meaning they are trying to steal market share by discrediting exchanges.

According to the latest update on the Securities and Futures Bureau official website, the "Virtual Asset Service Provider List", Taiwan currently has only 17 providers who can continue to provide virtual asset-related services before completing the registration system.

Since the Financial Supervisory Commission instructed the use of bank transfers and other methods that can leave a financial trail, cash transaction operators are essentially out of the game, and the "Chain Sentiment Observation Station" is not on the compliant list.

(Taiwan VASP Ban on Cash Transactions? Absurd Report Triggers Community Misunderstanding, Media Personality Points Out Five Contradictions, Calls for Self-Restraint)

This reminds the author of the previously exposed "Chain Gold Research Society", which uses almost identical methods, also diverting to cash U exchange groups. What can be confirmed is that such methods will continue to emerge. The simplest way is to search for the keyword "Chain Sentiment Observation Station" on Threads and block all accounts diverting to this group. Basically, focusing on four key elements - AI avatars, sensational text, Telegram group diversion, and conspiracy theories - can help identify matrix numbers.

From a user perspective, Taiwan exchanges at least have trust and know who the operators are. In contrast, trading with unlicensed currency merchants risks receiving black U and not knowing who the other party is, significantly compromising safety.