Tesla(US:TSLA) Qi Huo Ri Bao·2025-07-01 23:45Group 1: Trade Negotiations and Tariffs - President Trump stated he does not plan to extend the July 9 deadline for trade negotiations with various countries, expressing skepticism about reaching an agreement with Japan [1][3] - Trump indicated he could impose tariffs on Japanese imports as high as 30% or 35%, significantly above the previously announced 24% tariff rate [3] Group 2: Legislative Developments - The U.S. Senate passed a comprehensive tax and spending bill, referred to as the "Big and Beautiful" plan, which will be debated and voted on by the House of Representatives [4][5] - The bill aims to extend and upgrade Trump's tax policies from his first term, while also reducing and adjusting spending related to the Biden administration's "Green New Deal" [6] - The proposed legislation plans to reduce taxes by $4 trillion over the next decade and cut spending by at least $1.5 trillion [6][7] Group 3: Market Reactions - Following a public dispute between Trump and Tesla CEO Elon Musk, Tesla's stock fell approximately 7%, resulting in a market capitalization loss of about $54.5 billion [10][11] - Musk criticized the "Big and Beautiful" tax and spending bill, suggesting that if it passes, he would establish a new political party [11] Group 4: Federal Reserve Insights - Federal Reserve Chairman Jerome Powell indicated that Trump's tariff policies have contributed to uncertainty, delaying potential interest rate cuts that could have started in 2025 [12][14] - Powell acknowledged that the current economic outlook remains unstable, and the Fed is in a wait-and-see mode regarding future rate adjustments [14] Group 5: Shipping Index Developments - The European shipping index futures saw a significant increase of 7.80%, attributed to market expectations regarding shipping rates and geopolitical tensions [15][17] - Analysts noted that the shipping market is currently facing oversupply, with weekly capacity expected to rise significantly, which may suppress recovery in spot freight rates [18][19] - Key factors influencing the shipping index include U.S. tariff policies, immediate market conditions, and geopolitical situations, particularly concerning potential conflicts in the Middle East [19]