中方强调，相关反制措施旨在维护国际航运和造船市场的公平竞争环境，是"正当防卫"行为。希望美方慎重 考虑，纠正错误做法，与中方相向而行，通过平等磋商与合作找到解决问题的办法。 商务部新闻发言人就中方宣布针对美对华造船等行业301调查限制措施实施反制答记者问 问：我们注意到交通运输部等发布公告，就美国对中国采取海事、物流和造船业301调查限制措施采取反制措 施，能否介绍相关情况？ 答：美东时间4月17日，美国贸易代表办公室宣布对中国海事、物流和造船领域301调查的最终措施。其中针 对中国相关船舶征收港口费的措施将于10月14日正式实施。美方措施是典型单边主义行为，具有明显歧视性 色彩，严重损害中国企业利益。中方对此强烈不满，一再申明坚决反对的立场。 为维护国内相关产业利益，中方有关部门根据《中华人民共和国国际海运条例》等有关规定，对涉及美国旗、 美国造、美国公司拥有、参股或经营等美国元素的船舶收取特别港务费。上述措施将于10月14日美方针对中 国相关船舶征收港口费的措施实施同时正式实施。 重大变数，突然传来！ 证监会原发审委主任委员郭旭东，被查！ 深夜，大涨！英伟达，突传重磅！ | English Francai ...

美国海关与边境保护局（CBP）10月3日公布了关于对中国拥有、运营、建造的船舶，以及所有外国制造的汽车运输船征收港 口费的细则（点击这里查看）。 迎国庆中秋，700家精锐中国船厂上榜造船厂地图最新版在上海交付，导弹式快递 碳捕集装船中国设计和配套全球首例散货船DOLPHIN交付，12月1日上海碳捕集论坛交流 这些费用包括： - 自2025年10月14日起生效，对中国实体拥有或运营的抵达美国港口的船舶，按每净吨50美元收费。 - 自2025年10月14日起生效，对中国建造的抵达美国港口的船舶，按每净吨18美元或每个卸下的集装箱120美元两者中的较高者 收费。 - 自2025年10月14日起生效，对抵达美国港口的汽车运输船，按每净吨14美元收费。 此外，CBP还明确了费用的支付方式，必须直接通过美国财政部安全页面Pay.gov进行支付，且不能在入境口岸支付。Pay.gov 将根据船舶运营商在支付表格中所选的内容计费，随后将支付确认信息传至船舶入境清关系统。若船舶入境清关系统无法匹配 抵港船舶的支付信息，入境清关申报人或船舶运营商，可使用Pay.gov的支付确认邮件作为付款凭证。 支付表格中的必填内容包括：船名、抵 ...

Group 1 - The ongoing US-China trade war has extended into the shipping trade sector, with the US government attempting to impose high toll fees on Chinese shipping companies, while China has responded with punitive tariffs of up to 78% on certain US products [1][10] - Starting from October 14, 2024, all vessels registered in mainland China, Hong Kong, and Macau must pay a fee of $50 per net ton when docking at US ports, which will increase annually to a maximum of $140 per net ton [3][4] - The new US port fee policy is expected to impact 98% of global merchant ships due to their connections with Chinese shipbuilding or shipping companies [4] Group 2 - The US policy aims to weaken the market share of Chinese shipping companies on US routes and revive the declining US shipbuilding industry, which has faced challenges such as skilled labor shortages and supply chain disruptions [5] - Major Chinese shipping companies have already begun to adjust their route allocations, with at least six regular weekly routes to the US being suspended, while other routes have seen increased business [7][8] - China's strategic response includes redirecting shipping capacity from US routes to other regions, effectively avoiding US fees and improving operational efficiency on alternative routes [8] Group 3 - The US's unilateral policy changes have caused significant disruptions in the global shipping industry, with warnings from various US industries about potential chaos in international shipping due to the reliance on vessels associated with China [8] - China's implementation of anti-circumvention measures against US fiber optic products, resulting in additional tariffs, highlights the vulnerabilities in the US supply chain and technology sectors [10] - The outcome of this trade conflict will depend on the resilience of industries, technological innovation, and cost control, emphasizing the need for a balance between protecting domestic industries and maintaining international trade order [11]

Core Viewpoint - The trade dispute between the Trump administration and the European Union (EU) is escalating into a significant international economic confrontation, with the intensity surpassing expectations [1] Group 1: U.S. Tariff Policies - The Trump administration issued a stern ultimatum to the EU, threatening a 15% tariff on EU goods starting August 1 if an agreeable tariff deal was not reached [3] - Previous tariffs included a 50% tariff on EU steel and aluminum products, a 25% tariff on automobiles, and a 10% base tariff on nearly all other EU goods [3] - U.S. negotiators aimed to set a minimum tariff threshold of 15% to 20%, significantly higher than the previously agreed 10% [3] Group 2: Germany's Response - Germany, as the EU's economic engine, reacted strongly to U.S. tariff pressures, initially favoring negotiation but shifting to a hardline stance after U.S. demands escalated [5] - German officials indicated that if the U.S. continued to undermine Germany's core interests, a complete economic decoupling might be considered [5] - The German economy, heavily reliant on exports to the U.S., has already seen a notable decline in exports, with a 7.7% decrease reported in May 2025, marking a three-year low [5][15] Group 3: Economic Implications - The ongoing trade friction is exacerbating Germany's economic challenges, with forecasts predicting two consecutive years of negative growth [7] - Research indicates that a potential 30% punitive tariff could significantly impact Germany's economic performance, potentially lowering growth rates by 0.5% to 0.6% [7] - The German government is preparing substantial countermeasures, including retaliatory tariffs and taxes on U.S. tech giants [9] Group 4: EU's Collective Stance - The EU is considering activating a coercive mechanism to impose trade and investment restrictions on the U.S. if negotiations fail [10] - The EU is prepared to retaliate against U.S. goods valued at nearly €100 billion if high tariffs are implemented [12] - The shift in Germany's position is reshaping the EU's internal dynamics, moving towards a more unified and assertive response against U.S. pressures [10] Group 5: Negotiation Dynamics - Despite the hardening stance, the door for negotiations remains open, with U.S. officials expressing optimism about reaching an agreement [14] - The EU's current strategy combines both conciliatory and confrontational approaches, aiming for a balanced resolution while preparing for potential backlash [14]

Group 1 - The extension of the US-China tariff truce for 90 days has led to immediate retaliatory measures from China against Canada and Japan [1][3] - China imposed a temporary anti-dumping deposit of 75.8% on Canadian canola seeds, following a year-long investigation that concluded Canada engaged in dumping practices [1][3] - The canola seed industry in Canada, which exports approximately CAD 5 billion annually to China, is significantly impacted by this high deposit, leading to a drop in canola prices [3][5] Group 2 - China also targeted Japan, imposing anti-dumping measures on halogenated butyl rubber, with Canadian companies facing a maximum deposit of 40.5% and Japanese companies 30.1% [3][5] - Japan's recent cooperation with the US to limit China's strategic advantages, including reducing reliance on Chinese rare earths and restricting semiconductor exports, has contributed to its negative standing in China [3][5] - The Chinese government has indicated that countries aligning with the US against China will face consequences, as seen in the recent actions against Canada and Japan [5][8] Group 3 - In addition to Canada and Japan, China has taken retaliatory measures against the EU, specifically targeting two Lithuanian banks due to sanctions imposed by the EU on Chinese financial institutions [5][6] - The Chinese Ministry of Commerce's actions against the EU are framed as a response to perceived violations of international law and damage to Chinese enterprises [6][8] - China's series of retaliatory measures signal a clear message that while negotiations with the US may continue, other nations should reconsider their alignment with US policies that harm Chinese interests [8]

Report Industry Investment Rating No information provided in the report. Core Viewpoints - Through macro - fundamental and technical analysis, the report predicts the price trends and support/resistance levels of various futures on August 14, 2025, including index futures, bond futures, precious metal futures, base metal futures, energy futures, and agricultural futures [2][3][4][5][7]. Summary by Directory 1. Futures Market Overview - On August 13, domestic commodity futures closed with mixed results. Some commodities like rapeseed oil, soybean meal, etc. rose, while container shipping to Europe, industrial silicon, etc. declined. International markets showed that COMEX gold futures rose, international oil prices fell, and most LME base metals declined. The U.S. dollar index fell, and the RMB exchange rate had mixed performance [14][15][16][17]. 2. Macro - Information - **Financial Data**: In July 2025, M2 balance was 329.94 trillion yuan, up 8.8% year - on - year; M1 balance was 111.06 trillion yuan, up 5.6% year - on - year. The net capital injection in the first seven months was 465.1 billion yuan. RMB loans increased by 12.87 trillion yuan, and deposits increased by 18.44 trillion yuan. The social financing scale stock was 431.26 trillion yuan, up 9% year - on - year [8]. - **"Double Discount" Policy**: The "double discount" policy for personal consumption loans and service business loans has a one - year term, and its extension will be studied later [9]. - **Equipment Update**: 188 billion yuan of investment subsidy funds for equipment updates supported by special long - term bonds in 2025 have been allocated, driving over 1 trillion yuan in total investment [10]. - **Social Security Fund**: As of August 12, the social security fund appeared in the top ten tradable shares of 41 A - shares, with a total market value of 12.622 billion yuan. It increased holdings in rural commercial banks, feed, and small household appliances, and reduced holdings in power, chemical raw materials, and medical devices [11]. - **Countermeasures against the EU**: China included two EU banks in the counter - list in response to the EU's sanctions on two Chinese financial institutions [12]. - **Fed Outlook**: U.S. Treasury Secretary Bessent is optimistic about the Fed's September meeting, with a possible 50 - basis - point rate cut and a series of rate cuts. Trump is considering candidates for the Fed chair [13]. 3. Futures Market Analysis and Forecast Index Futures - On August 13, major index futures contracts showed an upward trend. It is expected that on August 14, index futures will show a strong - side oscillation. For the whole of August 2025, they are also expected to be strong - side oscillating or oscillating strongly [18][19][22][23]. Bond Futures - On August 13, the ten - year and thirty - year bond futures contracts showed a slight upward trend. On August 14, they are expected to have a wide - range oscillation [37][41]. Precious Metal Futures - On August 13, gold and silver futures contracts showed a slight upward trend. In August 2025, they are expected to have a strong - side wide - range oscillation, and on August 14, they are expected to be strong - side oscillating [42][48]. Base Metal Futures - On August 13, copper, aluminum, and other base metal futures contracts showed a slight upward trend, while alumina, industrial silicon, and others declined. In August 2025, they are expected to have various trends such as strong - side wide - range oscillation, wide - range oscillation, etc. On August 14, copper, aluminum, and alumina are expected to be weak - side oscillating, and industrial silicon and polysilicon are expected to have a wide - range oscillation [53][59][65][70][72]. Energy Futures - On August 13, the crude oil futures contract declined. In August 2025, it is expected to have a wide - range oscillation, and on August 14, it is expected to be weak - side oscillating [100]. Agricultural Futures - On August 13, the rapeseed meal futures contract rose significantly. On August 14, it is expected to be weak - side oscillating. Other agricultural futures such as PTA and PVC are expected to be weak - side oscillating on August 14 [7][105][108][110].

Group 1 - The U.S. Secretary of Commerce, Wilbur Ross, announced that the deadline for imposing additional tariffs on August 1 will not be extended, indicating a firm stance from the U.S. government [1] - The negotiations between the U.S. and the EU aim to open European markets for U.S. exports, with the key issue being whether the EU's proposed agreement is sufficient to persuade President Trump to abandon the 30% tariff threat [1] - The EU has warned that if a satisfactory trade agreement is not reached before the August 1 deadline, it will implement countermeasures against U.S. tariffs, with potential measures set to take effect on August 7 [1] Group 2 - In 2024, the total goods trade between the U.S. and the EU is projected to be approximately $975.9 billion, which is higher than trade with any other single economy [2] - The U.S. trade deficit with the EU for goods in 2024 is expected to be $235.6 billion, reflecting a 12.9% increase from the previous year [2]

Core Viewpoint - The U.S. will not extend the tariff deadline of August 1, and negotiations with the EU are crucial for avoiding a trade conflict [1] Group 1 - U.S. Secretary of Commerce Ross stated that the goal of negotiations with the EU is to open European markets for U.S. exports [1] - The adequacy of the agreement offered by the EU is in question, as it needs to be compelling enough for President Trump to abandon the 30% tariff threat [1] - European leaders have indicated that if a satisfactory trade agreement is not reached before the August 1 deadline, the EU will implement countermeasures against U.S. tariffs [1] Group 2 - The EU Commission spokesperson stated that if negotiations fail, countermeasures will take effect on August 7 [1]

Group 1 - The EU is close to reaching an agreement with the US on a 15% tariff on European products exported to the US, with a potential implementation date of August 7 if negotiations fail [1][2][4] - The EU has prepared countermeasures, including a proposed €93 billion in tariffs on US products, which could reach up to 30% if negotiations do not yield satisfactory results [4][5] - The negotiations are influenced by the US's previous agreements with Japan and the need for President Trump to demonstrate successful outcomes in trade discussions [1][3] Group 2 - The proposed 15% tariff may apply to various sectors, including automobiles and pharmaceuticals, and would not stack on existing tariffs [2][3] - The EU's internal discussions indicate a willingness to accept the 15% tariff as a means to maintain the status quo, potentially reducing the current 27.5% tariff on cars [2][3] - The EU is also considering the activation of the "anti-coercion tool" as a response to US tariffs, reflecting a strong stance among member states [5][6] Group 3 - The deadline for reaching an agreement is approaching, with many unresolved issues remaining, particularly concerning Canada and Mexico, which face significant tariffs if no agreement is reached [6][7] - The cancellation of the US-South Korea "2+2" economic talks raises concerns about the likelihood of reaching a tariff agreement with South Korea before the deadline [7] - Analysts suggest that the US's fluctuating negotiation strategy has created significant uncertainty in global trade [7]

Group 1 - The core viewpoint of the article is that Germany supports the European Commission's preparation measures for countering tariffs amounting to €100 billion [1] Group 2 - The German representative emphasized the importance of a unified EU response to external trade pressures [1] - The proposed countermeasures are aimed at protecting European industries from potential negative impacts of tariffs [1]