美媒纳闷：特朗普都要暴跳如雷了，中国得到消息后，反而无比淡定接待德国总理

Core Viewpoint - The U.S. Supreme Court ruled that the large-scale global tariffs imposed by the Trump administration under the International Emergency Economic Powers Act lacked clear legal authorization, marking a significant setback for Trump's trade policies [2]. Group 1: Legal and Economic Implications - The Supreme Court's ruling could lead to the potential refund of over $175 billion in tariffs collected since 2025, which exceeds the total fiscal spending of the U.S. Departments of Transportation and Justice for 2025 [2]. - Trump's immediate response included a new executive order imposing a temporary 10% tariff on imports from all countries, which he later increased to 15%, although this measure is limited to 150 days without Congressional approval [3][4]. - The ruling has prompted a wave of lawsuits from hundreds of U.S. companies, including major retailers, seeking refunds for the tariffs deemed illegal [4]. Group 2: Market Reactions - Following the Supreme Court's decision, U.S. stock markets reacted positively, with the S&P 500 and Nasdaq indices rising approximately 0.7% and 0.9%, respectively, as investors anticipated reduced tariff uncertainties and lower corporate cost pressures [4]. - The potential refund of tariffs could improve the financial situation of U.S. importers, enhancing their purchasing capacity for Chinese goods, which may indirectly benefit Chinese exporters [7]. Group 3: International Trade Dynamics - Germany has re-emerged as the largest trading partner of China, with a trade volume of €251.8 billion in 2025, reflecting a significant shift in trade dynamics as China's reliance on U.S. trade has decreased [6]. - The ongoing tariffs under the 301 and 232 clauses remain in effect, targeting approximately $360 billion worth of Chinese goods, indicating that the trade conflict is far from resolved [6][7]. - German Chancellor Merz's visit to China with a large business delegation signifies Germany's intent to maintain balanced cooperation with China, contrasting with the U.S. approach [5][6]. Group 4: Political and Diplomatic Reactions - The Supreme Court's ruling has been framed as a victory for American consumers, highlighting the political divide over the impact of tariffs on the economy [9]. - In contrast to the U.S. response, China's approach has been calm and methodical, focusing on deepening economic cooperation with Germany and other nations, reflecting a strategic adjustment in its trade structure [9].