Besent's Great Siege Plan, with the new Treasury Secretary Besent leading trade negotiations with various countries, differs from Navarro's radical view of eliminating the US trade deficit. Besent is also more pragmatic. The Great Siege Plan that Besant has been claiming is Sullivan's "small courtyard high wall" tariff, which was used to build a better high wall around Dongda. Main strategy: 1) Negotiating with Japan, South Korea, Vietnam, and India, all of which are neighboring countries of China; 2) Negotiate with Canada and Mexico (led by US Secretary of Commerce Lutnik) to form a "North American fortress" that will enable the three countries to jointly resist the "Chinese import flood". https://(x.com)/qinbafrank/status/1898942520043950344? s=46&t=k6rimWsEbo2D2tXolYcM-A 3) Negotiating with the European Union, this is one of China's largest export destinations. The idea is good, but it is difficult to push forward. On the one hand, it also depends on Trump's appetite. After all, the first version of tariff parity in 4.2 aims to eliminate the trade deficit of the United States. Zero deficit itself is inconsistent with the demands of various countries. Besant is more pragmatic. If Trump can be persuaded to yield on tariffs, it is possible to reach an agreement with other countries. On the other hand, Japan and South Korea rely heavily on the United States for military and political support, and heavily on China for economic dependence. Vietnam's bamboo diplomacy strategy is also aimed at balancing between China and the United States, while the European Union is also playing a balancing game. Moreover, Trump's fickle and tough stance towards traditional allies is actually a blow to the confidence of allies. Xida is engaged in vertical integration, while Dongda is also engaged in horizontal integration. From the recent schedule updates of Wang Wentao, the Minister of Commerce at Donghua University, it can be seen that Donghua University's visits to Vietnam, Cambodia, and Malaysia today are also aimed at stabilizing the fundamentals of Southeast Asia. Everyone is playing, so previously it was said that this was a protracted battle It seems that the market still has expectations for the upcoming new trade agreement negotiations, and we will see the progress of the new trade agreement negotiations in the future. The earlier an agreement is reached, the greater the boost to market confidence will be. https://www. (bloomberg.com)/news/newsletters/2025-04-12/bessent-has-a-grand-encirclement-plan-for-china-bloomberg-new-economy