Domestic News - The Ministry of Commerce announced that as long as the price commitment conditions are met, imported brandy from the EU will not be subject to anti-dumping duties [1] - The China Iron and Steel Association reported that in the first five months of this year, crude steel production reached 355 million tons, a year-on-year decrease of 0.1%, while steel exports significantly increased with net exports of crude steel exceeding 50 million tons, an increase of 8.79 million tons compared to the same period last year [1] Commodity Market - The China Logistics and Purchasing Federation reported that the China Bulk Commodity Price Index (CBPI) for June 2025 was 110.8 points, a month-on-month increase of 0.5% and a year-on-year decrease of 5.2%, indicating a stable development trend in the bulk commodity market [2] - In the first five months of this year, fixed asset investment in rural roads reached 131.16 billion yuan, with 28,000 kilometers of rural roads newly built or renovated [2] International News - The U.S. government, under President Trump, plans to set new unilateral tariff rates starting August 1, with rates potentially ranging from 10% to 70% [4]
新华财经晚报：特朗普称8月1日起实施新关税 最高税率或达70%
Xin Hua Cai Jing·2025-07-05 09:58