Expert: The essence of the new trade agreement between the US and Europe is the European Union making economic concessions in exchange for strategic breathing room.

Professor Wan Zhe of Beijing Normal University, an expert in economics, stated that the restructuring of the energy market will not only impact Russia but also traditional energy exporting countries such as Qatar and Australia, reshaping the global energy market landscape. In the field of technology, the EU's investment commitment in the chip sector may lead to positive competition with the United States' chip and science legislation, resulting in new changes in the pattern of competition and cooperation. Overall, this could be seen as a tactical victory, with the EU making economic concessions in exchange for strategic breathing room. While this may have averted an immediate crisis, it also exposed the EU's passive position in the US-EU game. The global economy may seem stable for now, but the competition of high tariffs and industrial subsidies may become the new norm in the future, leading to long-term cost growth.