Trade Negotiations and Tariffs - The U.S. President Trump announced the imposition of "reciprocal tariffs," leading to a significant drop in the U.S. financial markets [1] - Following pressure, Trump postponed high tariffs on some trade partners for 90 days, threatening that negotiations must be completed by July 8 [1] - Japan and the U.S. trade negotiations have reached a stalemate, with Trump expressing dissatisfaction over Japan's purchase of U.S. products and threatening to raise tariffs [1][3] - Japan's Prime Minister emphasized the importance of protecting national interests and highlighted Japan's role as a major investor in the U.S. [5] Industry Impact - The automotive and agricultural sectors are key points of contention in U.S.-Japan trade talks, with a potential 25% tariff on Japanese cars posing a significant threat to Japan's economy [7] - In India, ongoing negotiations with the U.S. face challenges over agricultural and dairy products, with India unwilling to lower tariffs on genetically modified crops [9][11] - The EU and U.S. have significant differences regarding tariffs, with the EU pushing for a stronger stance in negotiations [13] - The U.S. currently imposes a 25% tariff on EU automobiles and a 50% tariff on steel and aluminum, with potential expansions to other sectors [15] Domestic Industry Effects - The U.S. restaurant industry is experiencing direct impacts from high tariffs, leading to increased menu prices due to rising import costs [17] - The cost of coffee beans, tea, and wine has risen by 20-30% over the past six months, forcing restaurants to pass some costs onto consumers [19] - Many restaurants are struggling to maintain profitability, with some raising drink prices by $0.50 to $1 [21] - The ongoing high tariffs threaten the survival of small distributors, importers, and local restaurants, potentially leading to job losses in the restaurant sector [22][24]
美关税谈判“大限”将至 多方展示强硬立场
Yang Shi Xin Wen Ke Hu Duan·2025-07-03 21:17