关税风波持续，黄金跳水！特朗普宣布首都进入紧急状态

Group 1: Gold Market Impact - The announcement by Trump on August 11 that gold would not be subject to tariffs led to a significant drop in gold futures prices, with a decline of over 2% on that day [2] - Prior to this announcement, there were concerns that the U.S. Customs and Border Protection would impose tariffs on imported gold bars, which had driven gold prices to historical highs [4] - Analysts expect that as the gold tariff issue becomes clearer, the premium of U.S. gold futures over London spot prices will decrease [4] Group 2: Economic Implications of Tariffs - Goldman Sachs indicated that the impact of Trump's tariffs on consumer prices is just beginning, predicting that the burden will increasingly shift to consumers, with an estimated 22% of tariff costs already borne by them as of June [5] - If the latest tariffs follow previous patterns, this burden could rise to 67%, leading to a significant increase in inflation rates, with a forecasted core Personal Consumption Expenditures (PCE) growth of 3.2% by December [5] - Morgan Stanley projected that the U.S. government could collect up to $2.7 trillion in tariffs over the next decade, which will ultimately be paid by American consumers [5] Group 3: U.S. Economic Growth Concerns - Despite a rebound in U.S. GDP data in Q2, the underlying growth structure is not strong, with domestic sales growth slowing from 1.9% in Q1 to 1.2% in Q2, indicating weakening internal economic momentum [6] - Continued impacts from Trump's tariff policies are expected to exert downward pressure on consumer spending and private investment growth, suggesting a necessity for the Federal Reserve to consider rate cuts in September [6]