特朗普再出招，直击欧盟日本，对中国有何影响？

Group 1 - The article discusses the turmoil in the Japanese bond market and the implications of Trump's economic policies, including his push for interest rate cuts and tax reductions [1][3][5] - Trump's insistence on tax cuts has led to increased federal spending, resulting in a net loss of $1.7 trillion, raising concerns about the effectiveness of his economic strategies [3][5] - The article highlights the significant challenges faced by the EU and Japan in negotiating trade agreements with the U.S., particularly in light of Trump's aggressive tariff policies [5][7] Group 2 - Japan's public debt has reached 234.9% of GDP, surpassing Greece's debt levels during the Eurozone crisis, which has led to a lack of confidence among investors in Japanese bonds [7] - The auction results for Japan's 20-year bonds were dismal, with a bid-to-cover ratio of 2.5, the lowest since 2012, indicating a severe lack of market confidence [5][7] - The article suggests that the instability in the EU and Japanese markets could lead international investors to seek safer investments in China, as indicated by Moody's recent upgrade of Hong Kong's market rating [8]