Nvidia(US:NVDA) 第一财经·2025-07-10 01:28Trade Policies - The U.S. President Trump announced new tariffs on products from eight countries, with rates ranging from 20% to 50%, effective from August 1, 2025. The highest tariff of 50% will be imposed on products from Brazil [2][3]. Economic Policies - The State Council of China issued a notice to enhance employment support policies, focusing on stabilizing employment, enterprises, and market expectations. It includes measures such as expanding social insurance subsidies for small and medium-sized enterprises [6]. - China's economic growth rate averaged 5.5% during the first four years of the 14th Five-Year Plan, with domestic demand contributing 86.4% to this growth [7]. Market Regulation - The State Administration for Market Regulation held a meeting to discuss fair competition in the market, emphasizing the need for anti-monopoly regulation and creating a favorable environment for private enterprises [8]. Industry Developments - The Ministry of Industry and Information Technology is monitoring the implementation of a 60-day payment commitment by key automotive companies, aiming to address issues related to delayed payments to small and medium-sized enterprises [9]. - The National Development and Reform Commission announced that 402 new drugs have been added to the national medical insurance catalog, improving accessibility for patients [13]. Corporate Performance - Porsche reported a nearly 30% decline in sales in China for the first half of the year, attributing this to rapid market changes and a slower-than-expected development of electric vehicles [25]. - Nvidia's market capitalization briefly surpassed $4 trillion, reflecting strong performance in the stock market [30].